Automakers Extend AI Use Beyond Autonomous Vehicles into Back Office

For companies developing autonomous vehicles, AI may be taking the wheel, but it’s also increasingly being used in the back office. Automakers, suppliers and startups developing self-driving cars are implementing deep learning algorithms to operate vehicles without a human driver. With high-performance compute solutions from NVIDIA, vehicle manufacturers are also using AI in their data… Continue reading Automakers Extend AI Use Beyond Autonomous Vehicles into Back Office

The new T-Cross – “I am safe”: standard Pedestrian Monitoring will make the city safer

10/11/18 Wolfsburg (D) Models The vehicle is a near-production prototype Media contact Volkswagen presents the first trailer showing the unveiled T-Cross New SUV will be launched with numerous assist systems Volkswagen is set to unveil the new T-Cross for the first time in a trailer entitled “I am safe”, two weeks ahead of the world… Continue reading The new T-Cross – “I am safe”: standard Pedestrian Monitoring will make the city safer

SEAT breaks its sales record from January to September

SEAT’s global sales up to September set a new record. Since January, the carmaker delivered 415,600 cars worldwide, which is 17.1% more than in the same period last year (354,900). This figure is the best result ever in the history of SEAT, and is higher than the January to September posting in 2000 (394,400 cars… Continue reading SEAT breaks its sales record from January to September

 September used car sales rise posted by UK dealers

UK car dealers enjoyed strong September sales, which increased year on year by 11% according to a survey by lead management business enquiryMAX. It canvassed more than 700 dealers. The survey data showed the average sale price of a used car dropped from £22,159 in 2017 to £20,369 this year. The average value of part… Continue reading  September used car sales rise posted by UK dealers

UPDATE 1-SEC, Tesla support approval of settlement

(Reuters) – The U.S. Securities and Exchange Commission, Tesla Inc (TSLA.O) and Chief Executive Officer Elon Musk submitted a joint filing late on Wednesday in support of a settlement, saying the terms were in the best interest of investors. FILE PHOTO: Tesla Chief Executive Elon Musk stands on the podium as he attends a forum… Continue reading UPDATE 1-SEC, Tesla support approval of settlement

Groupe Renault strikes new energy-sector agreements with EDF, Total and ENEL for the promotion of electric mobility

#EnergyTransition #EasyElectricLife Groupe Renault has restated its commitment to the development of a smart electric ecosystem to advance the energy transition and promote mobility for all. Groupe Renault and EDF sign a cooperation agreement aimed at optimising self-consumption, developing smart islands and providing green power solutions. Groupe Renault, Total and the start-up Jedlix launch a… Continue reading Groupe Renault strikes new energy-sector agreements with EDF, Total and ENEL for the promotion of electric mobility

Waylands Automotive acquires Johnsons Cars’ Volvo Oxford dealership

Waylands Automotive has acquired Johnsons Cars’ Volvo Oxford car dealership to extend it operations to four sites – all with the Swedish premium brand. Waylands completed the acquisition of the Botley Road franchised site on October 5 and is set to realise plans to move the facility to a new 17-car showroom just a short… Continue reading Waylands Automotive acquires Johnsons Cars’ Volvo Oxford dealership

Wholesale Values Stabilizing at Start of October

In the truck segment, full-size vans experienced a strong week, as values for vehicles in that segment improved 0.25% over the previous week. Alternatively, full-size luxury crossovers/SUVs had the week’s weakest showing, as values for the segment fell 0.61% over last week. Photo courtesy of Black Book.  While luxury vehicles continue to struggle, overall vehicle… Continue reading Wholesale Values Stabilizing at Start of October

Flipkart’s Sachin Bansal looks to invest $100m in Ola – Report

October 11, 2018 Months after his exit from e-commerce major Flipkart, co-founder Sachin Bansal is planning to invest up to $100 million in Indian ride-hailing firm Ola, said a report in The Economic Times quoting sources. It was recently also reported that South African internet conglomerate Naspers LLC was in talks to invest in ANI… Continue reading Flipkart’s Sachin Bansal looks to invest $100m in Ola – Report

Tesla gave employees new confidentiality agreements after internal emails were leaked to the media: Report (TSLA)

Tesla drafted new confidentiality agreements after the contents of internal emails from CEO Elon Musk to employees were included in 2016 articles by Bloomberg and CNN, Bloomberg reports. According to the publication, Tesla legal vice president Jonathan Chang testified on Wednesday in a National Labor Relations Board (NLRB) hearing that the automaker’s general counsel told… Continue reading Tesla gave employees new confidentiality agreements after internal emails were leaked to the media: Report (TSLA)