Toyota City, Japan, December 16, 2019―Toyota Motor Corporation (Toyota) announced today that it will add eight Toyota models to the lineup of its KINTO ONE beloved-car subscription service. The new models will be available from January 15, 2020. For the first time, Toyota will also add eight Lexus models to its KINTO ONE line-up, with… Continue reading @Toyota: Toyota Adds 16 Models to its “KINTO ONE” Lineup in Japan: the “Passo,” “Roomy,” and “Tank”
Category: Official Press Release
Arbe Raises $32M to Step Up Productization of First High-Definition Radar Chipset for ADAS and Autonomous Vehicles
TEL AVIV, Israel, Dec. 16, 2019 /PRNewswire/ — Arbe, the provider of next-generation 4D Imaging Radar Chipset Solution, enabling high-resolution sensing for ADAS and autonomous vehicles, today announced the closing of $32 million in Round B funding from existing, new, and CVC investors Catalyst CEL, BAIC Capital, AI Alliance (Hyundai, Hanwha, SKT), and MissionBlue Capital,… Continue reading Arbe Raises $32M to Step Up Productization of First High-Definition Radar Chipset for ADAS and Autonomous Vehicles
Lyft: Lyft Now Conducts Nationwide Continuous Driving Record Screening
We want every Lyft ride to be safe for everyone in the car. That’s why we hold all members of our community to a high standard of conduct. Criminal background and DMV checks are a fundamental part of our approach to safety. We require all drivers to pass rigorous, professionally administered screenings before they can… Continue reading Lyft: Lyft Now Conducts Nationwide Continuous Driving Record Screening
@Groupe PSA: Opel is back in Russia: Zafira Life and Grandland X at dealers as of today
Zafira Life and Grandland X can be ordered in Russia as of now People carrier Zafira Life rolls off the production line in Kaluga Vivaro also to be produced in Russia soon In the coming years at least one major launch every year Growth based on new export markets is at the core of the… Continue reading @Groupe PSA: Opel is back in Russia: Zafira Life and Grandland X at dealers as of today
@Tata: Tata Motors Group global wholesales at 89,671 in November 2019
10 December, 2019 The Tata Motors Group global wholesales in November 2019, including Jaguar Land Rover, were at 89,671 nos., lower by 15%, as compared to November 2018. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in November 2019 were at 31,030 nos., lower by 19%, over November 2018. Global wholesales… Continue reading @Tata: Tata Motors Group global wholesales at 89,671 in November 2019
DENSO and NTT Communications Starts Validating Jointly Developed Vehicle Security Operation Center Technology to Realize Resilient Security Solutions for Connected Cars
1. Background Today, connected cars are becoming increasingly popular and sophisticated. In this evolution, novel automotive technologies and solutions continuously appear utilizing ICT technology. Concurrently, cyberattacks are growing more sophisticated and stealthy. Thus, cybersecurity in connected car is paramount. They need security technology that can swiftly detect and analyze cyberattacks and then seamlessly provide the… Continue reading DENSO and NTT Communications Starts Validating Jointly Developed Vehicle Security Operation Center Technology to Realize Resilient Security Solutions for Connected Cars
Shimtech Industries Acquires Fastener Technology Corp
FTC was founded by Bulent Gulistan in 1979 and has built a strong reputation as an innovative and reliable supplier serving more than 400 customers. Some customer relationships span multiple decades, including those with Lockheed Martin, Click Bond, Northrop Grumman, Boeing, Raytheon, and Wesco. The existing management team, led by President Dennis Suedkamp, will continue… Continue reading Shimtech Industries Acquires Fastener Technology Corp
Xpeng Motors reveals high-performance electric drive system for P7 sedan, first with German Infineon 950 IGBT module
The P7’s E-motor, transmission and control system are seamlessly integrated to form a high-performance three-in-one electric drive system – a layout that is more compact and lighter, providing higher efficiency and stronger reliability. The P7’s electric drive system boasts a power density of 1.96kW / kg, at the top of the industry range, with low… Continue reading Xpeng Motors reveals high-performance electric drive system for P7 sedan, first with German Infineon 950 IGBT module
@Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares
Volvo Cars has issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam. The preference shares may be repurchased or converted into common shares of Volvo Car AB. No further details on the terms of sale… Continue reading @Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares
@Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Dynamic growth in joint ventures’ mobility services: nearly 90 million customers – up 44 percent since start of 2019 New umbrella organisation supports efficient steering and focusing of activities FREE NOW increases gross merchandise value (run rate) / platform revenues significantly to reach new record of more than two billion euros Munich/Stuttgart – Following the… Continue reading @Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures