Category: Official Press Release

@Ford: Ford’s Q4, Full-Year Results in Europe, China Sharply Improve; Strategic Actions in 2019 Position Company for Long-Term Success

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2019 fourth-quarter and full-year financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5 p.m. ET. The call will feature Jim Hackett, president and CEO;… Continue reading @Ford: Ford’s Q4, Full-Year Results in Europe, China Sharply Improve; Strategic Actions in 2019 Position Company for Long-Term Success

@VW Group: Porsche Ventures invests in software start-up Nitrobox

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2020 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light… Continue reading @VW Group: Porsche Ventures invests in software start-up Nitrobox

@Mazda: Mazda Motorsports Selects New Constructor For Global Mazda MX-5 Cup Car

IRVINE, Calif. (February 3, 2020) – Mazda Motorsports has selected Flis Performance as the new constructor of the Global Mazda MX-5 Cup car. Based on the world’s best-selling sports car, the Mazda MX-5 Miata, the Global Mazda MX-5 Cup car is one of the most exciting and affordable entries into professional road racing. By employing… Continue reading @Mazda: Mazda Motorsports Selects New Constructor For Global Mazda MX-5 Cup Car

@Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –

2020-02-04 Mobility 54 Investment SAS (“Mobility 54”) – established in October 2019 under a group joint venture between Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – has decided to participate in the series B funding and to invest USD 7.6 million in Sendy Limited (“Sendy”) engaging in logistics digital platform services in Africa.… Continue reading @Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –

@Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring

Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring Founded in 2017, our portfolio company Recogni is creating a vision-oriented AI processing framework for high-performance, low-power object recognition to help advance autonomous vehicle (AV) efficiency and safety. The San Jose-based company, which emerged from stealth mode with its $25 million Series A funding round… Continue reading @Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring

Lyft: Testing Self-Driving Rides With Employees

by Luc Vincent, EVP of Autonomous Technology Since day one, Lyft’s mission has been to improve people’s lives with the world’s best transportation. We started by innovating ways for people to get around — first enabling neighbors to share car rides, then offering shared bikes and scooters. Over the last two and a half years, we’ve made… Continue reading Lyft: Testing Self-Driving Rides With Employees

@Groupe PSA: Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe

Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe (PRESS RELEASE) PARIS, 31-Jan-2020 — /EuropaWire/ — Total, through its affiliate Saft, intends to establish a joint venture with Groupe PSA/Opel called the Automotive Cell Company (AAC). The joint venture will develop an electric vehicle (EV) battery manufacturing facility in Europe.… Continue reading @Groupe PSA: Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe

@Groupe PSA: TomTom awarded an extension to provide navigation components to PSA

Peugeot, Citroën, DS, Opel and Vauxhall Drivers to Continue to Enjoy Driving with TomTom Navigation and Live Services PARIS, 03-Oct-2018 — /EuropaWire/ — TomTom (TOM2) today announced that it has been awarded an extension to an existing deal to provide navigation components to PSA beyond 2020.  Drivers of Peugeot, Citroën, DS, Opel and Vauxhall vehicles will… Continue reading @Groupe PSA: TomTom awarded an extension to provide navigation components to PSA