Ford Motor Company announced Tuesday that it has formed formed a subsidiary — Ford Autonomous Vehicles LLC — devoted entirely to autonomous vehicle development. That’s probably the catchiest name we’ve heard since Bank of America Corp or Waste Management Inc. However, you don’t need a clever moniker when you’re dumping $ 4 billion into a project, which […]
Tag: Subsidiary
Rostec subsidiary files cross-claim against Siemens over turbine contract
Published time: 16 Oct, 2017 09:56 A subsidiary of Russian state industrial giant Rostec has brought a countersuit against Germany’s Siemens, to nullify several terms of an agreement between the companies sealed in 2015. Read more “We are asking to hold invalid clauses of the contract… signed on March 10, 2015,” said the court agent […]
Toyota Launches Venture Capital Subsidiary and Invests $100 Million in Startups
– One might think that the Toyota Research Institute (TRI), founded with a billion-dollar investment and a mission to develop artificial intelligence and advanced robotics, wouldn’t need to look elsewhere for fresh ideas. But even with the resources of one of the world’s biggest automakers behind it, executives with company’s research arm acknowledge that they can only […]
Alaska Airlines Subsidiary Flights Continue to Be Canceled Due to Pilot Shortage
Alaska Subsidiary Flights Canceled Due to Pilot Shortage Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]
Takata US subsidiary files for Chapter 11 bankruptcy, Japanese procedure expected to follow
Japan’s Takata Corp, the firm at the center of the auto industry’s biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen ($ 9 billion), a source said. The decision came at a special meeting of the airbag maker’s board, public broadcaster NHK said. […]
Utah Supreme Court ruling bars direct sales of Teslas through a subsidiary
Enlarge / A Tesla showroom in California where direct sales are legal. (credit: Patrick Fallon/Bloomberg via Getty Images) In a decision on Monday, the Utah Supreme Court decided (PDF) that the state’s regulators could prohibit an auto manufacturer from having ownership interest in a dealer. In what the court called “a narrow, legal decision,” it said that […]
SAS Looks to Lower Costs by Opening Irish Subsidiary
SAS Looks to Lower Costs by Opening Irish Subsidiary Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not […]
