Category: Official Press Release

MAGNA BECOMES BIGGEST SUPPLIER OF MANUAL TRANSMISSIONS FOR LIGHT COMMERCIAL VEHICLES IN EUROPE

,” 3,500 square meters expansion accommodates new Light Commercial Vehicle (LCV) business The new facility to produce additional 150,000 transmissions per year, This makes Magna the largest supplier in Europe of manual transmission for the LCV segment Growth is a testament to expertise in transmissions

Magna is on board of the Ford S-Max: Global market leader supplies drivetrain and cameras

SAILAUF, GERMANY, 22 August 2016 – Magna International Inc. has equipped the new Ford S-MAX Vignale with innovative technologies. The sophisticated sports activity vehicle comes with the EYERIS® electronic vision system and a transmission made by recently acquired subsidiary GETRAG.

We’re making indoor maps autonomously with Naver

It’s no longer unusual to see drones and robots in public spaces. We’re working with Naver Labs in Korea to leverage those bots to create indoor maps of venues and crowded spaces. We’re continuing on mission to build the Reality Index – our digital representation of the world around us.  That data extends beyond the… Continue reading We’re making indoor maps autonomously with Naver

Upgrade in the business class: the new Audi A6 Sedan

With the new A6, Audi is presenting the eighth generation of its successful full-size Sedan and brings numerous innovations to the segment. Whether in terms of digitalization, comfort or sportiness – the elegantly sculptured Audi A6 is the multitalent in the luxury class. The all-digital MMI touch response system provides intuitive operation. The extensive connectivity… Continue reading Upgrade in the business class: the new Audi A6 Sedan

General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust

General Motors Co. (NYSE: GM) today announced that the UAW Retiree Medical Benefits Trust (the “Selling Stockholder” or “the VEBA Trust”) intends to offer for sale 40 million shares of GM common stock in an underwritten secondary offering. The Selling Stockholder will receive all of the proceeds from this offering. No shares are being sold… Continue reading General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust

FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding

MILPITAS, Calif., Feb. 27, 2018 /PRNewswire/ — FleetUp, the premier provider of ELD/HOS compliance solutions for intelligent fleet management, today announced the completion of $20 million in funding led by HUMAX (KOSDAQ listed $1.5B Revenue). In a strategic effort to drive FleetUp’s aggressive business expansion, HUMAX placed its corporate chief strategy officer and president of HUMAX Americas… Continue reading FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding

Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami

ANN ARBOR, Mich., Feb. 27, 2018 /PRNewswire/ — Domino’s Pizza (NYSE: DPZ), the recognized world leader in pizza delivery and digital ordering platforms, is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of… Continue reading Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami

We’re Going to Miami: The First Proving Ground for Our Self-Driving Service

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading We’re Going to Miami: The First Proving Ground for Our Self-Driving Service