Magna to contract manufacture Fisker Ocean in EuropeFisker to leverage Magna’s EV architectureMagna portfolio scalable to meet future mobility needsAURORA, Ontario, Oct. 15, 2020 (GLOBE NEWSWIRE) — As part of Magna’s strategic direction to support traditional automakers as well as new entrants, the company announced today that it has signed agreements with Fisker Inc. that… Continue reading Magna to Cooperate With Fisker on Engineering and Manufacturing of the Fisker Ocean
Author: GlobeNews Newswire
BMW Selects HERE and Cedar Electronics to deliver traffic camera information service
BMW Traffic Camera Information combines location data with live radar and fixed camera information for more informed decision-making behind the wheelOctober 15, 2020Chicago, IL – HERE Technologies, the leading location data and technology platform, and Cedar Electronics, a leader in connected automotive and consumer electronics products, today announced that BMW customers in the U.S. are… Continue reading BMW Selects HERE and Cedar Electronics to deliver traffic camera information service
Data-Driven Driving: Otonomo Shares Consumer Attitudes and Concerns About Shared Mobility and Autonomous Cars
Hertzliya, Israel, Oct. 06, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform provider, today announced the results of a new consumer study fielded by SBD Automotive. Connected car data is driving the evolution from private ownership to shared mobility and autonomous driving. But data alone will not enable adoption of these technologies.… Continue reading Data-Driven Driving: Otonomo Shares Consumer Attitudes and Concerns About Shared Mobility and Autonomous Cars
New welding machine speeds up production in Latvia further
Wed, Sep 30, 2020 14:01 CET A new spot welding machine has brought many advantages to the Latvian factory. Manual tasks have been reduced and the machine can weld up to six spots on the same surface at a time, which gives a multi doubling of the efficiency. A new spot welding machine, Daching DDI-200-PJ,… Continue reading New welding machine speeds up production in Latvia further
Kongsberg Automotive enhances its financial capabilities by an additional “Receivables Securitization” facility
Fri, Sep 25, 2020 18:44 CET We have today, September 25th, entered into an agreement with NORD/LB and Finacity Corporation (“Finacity”) to provide to Kongsberg Automotive Group a committed 60 Million EUR facility with a three years tenure, intended to take effect on October 19th, 2020. The securitization program will finance trade receivables originated by… Continue reading Kongsberg Automotive enhances its financial capabilities by an additional “Receivables Securitization” facility
Otonomo’s New Self-Serve Platform and API Deliver Quick and Secure Access to Rich, Privacy-Protected Aggregated Car Data
Hertzliya, Israel, Sept. 22, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform provider, today announced the release of its Self-Serve Platform and API, which provide hassle-free, online access to real-time and historical, aggregated connected car data – an industry first. Each day, Otonomo makes available over four billion connected car data points, from… Continue reading Otonomo’s New Self-Serve Platform and API Deliver Quick and Secure Access to Rich, Privacy-Protected Aggregated Car Data
HERE and INRIX build end-to-end parking ecosystem
INRIX becomes the first parking information provider to distribute data to and through multiple HERE channels Go to Source
New super-efficient production facility in Latvia
Tue, Sep 08, 2020 13:00 CET In Latvia, a new manufacturing plant is in full swing since April and is already exceeding everyone’s expectations. The well-planned, highly sustainable facility is optimized not only for a streamlined production, but also for a healthy work environment. Optimized premises Lesjöfors is the largest spring manufacturing company in the… Continue reading New super-efficient production facility in Latvia
Henning E. Jensen steps down as CEO of Kongsberg Automotive; Norbert Loers and Robert Pigg appointed Interim Co-CEOs
Sun, Sep 06, 2020 19:55 CET Henning Jensen steps down as CEO of Kongsberg Automotive ASA, effective immediately. Also, effective immediately, Norbert Loers and Robert Pigg have been appointed interim co-CEOs until the Board appoints a new CEO. Norbert Loers is currently CFO of Kongsberg Automotive. He assumed the position of CFO in January 2017.… Continue reading Henning E. Jensen steps down as CEO of Kongsberg Automotive; Norbert Loers and Robert Pigg appointed Interim Co-CEOs
GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDS
GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDSBoulogne-Billancourt, September 3, 2020 – Groupe Renault announces today a plan to develop its organization around its brands, grouping them mainly into four business units (BU): Renault, Dacia, Alpine and New Mobility. The objective would be to give each BU an autonomous organization.This project… Continue reading GROUPE RENAULT ANNOUNCES A PROJECT TO DEVELOP ITS ORGANIZATION AROUND ITS BRANDS