Telefónica and SEAT present the first use case of assisted driving via the mobile network in a real setting in Segovia

Telefónica and SEAT today have presented the first use case in Segovia within the framework of the 5G Technological Cities project by equipping a both a vehicle and road infrastructure with technology enabling the exchange of information, making it the first step towards V2X (Vehicle 2 everything) vehicular communication using existing mobile networks in a… Continue reading Telefónica and SEAT present the first use case of assisted driving via the mobile network in a real setting in Segovia

SEAT begins assembling the Arona and the Leon in Algeria to boost its globalisation strategy

SEAT continues to grow outside Europe. The company’s ambitious globalisation strategy is gaining new momentum with the final assembly of the Arona and the Leon in the plant owned by the Volkswagen Group and SOVAC, the Group’s importer in Algeria, in the city of Relizane, which is located 280 kilometres southwest of Algiers. Both models… Continue reading SEAT begins assembling the Arona and the Leon in Algeria to boost its globalisation strategy

FROM HORSES TO POWERTRAINS… THE NEXT AUTOMOTIVE REVOLUTION WILL BE AUTONOMOUS

The arrival of the autonomous vehicle could prove as revolutionary for society as the change from horse to car last century. While it reshapes mobility, it’s also likely to profoundly influence our perspectives on time, distance and lifestyles.  Before the car, traveling by horse was a long and drawn-out rhythm of set routes in a… Continue reading FROM HORSES TO POWERTRAINS… THE NEXT AUTOMOTIVE REVOLUTION WILL BE AUTONOMOUS

FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE

Faurecia announces today an investment in the startup SUBPAC, reinforcing the Group’s ecosystem dedicated to a personalized, versatile and connected Cockpit of the Future. Based in Silicon Valley, SUBPAC has developed a hardware and software technology platform that provides a deeply immersive and customized music and media experience by silently transferring low frequencies directly to… Continue reading FAURECIA INVESTS IN SUBPAC TO ACCELERATE THE DEVELOPMENT OF AN IMMERSIVE SOUND EXPERIENCE

Press Release – 2018 first-half financial report availability

Le groupe Michelin annonce ce jour avoir mis à disposition du public et déposé auprès de l’Autorité des Marchés Financiers (AMF) son Rapport financier semestriel 2018. Le Rapport financier semestriel ainsi que la présentation des résultats semestriels 2018 peuvent être consultés sur le site internet de la Société (www.michelin.com), rubrique Finance / Informations réglementées.

Mitsubishi Motors Reports First-Quarter Financial Results for FY2018

Tokyo, July 24, 2018 – Mitsubishi Motors Corporation (MMC) today announced first-quarter financial results for Fiscal Year 2018 ended March 31, 2019 (1Q/FY2018).     1. 1Q/FY2018 Financial Results Highlights Mitsubishi Motors reported net sales for 1Q/FY2018, up 27.0% year-on-year to 560.0 billion yen. Operating profit rose from 20.6 billion yen in the same period… Continue reading Mitsubishi Motors Reports First-Quarter Financial Results for FY2018

Careem is now six years old… and we’ve come a long way

This month marks the sixth anniversary of the founding of Careem, from a service created in Dubai largely for corporate clients to a multi-vehicle platform operating in over 100 cities in 14 countries the growth has been signicant. We launched with a mission to simplify and improve the lives of people, and to build an awesome organisation that inspires – and six years into that mission it’s worth looking at how much we’ve accomplished.

And here are some of the stats from our first six years…

And we’re not finished yet. In fact, our mission to simplify and improve lives and create an awesome organisation that inspires is one that had no end point. We go on, and we’re delighted to have you with us.

Multi-brand network Euro Repar Car Service launched in Morocco

• First Euro Repar Car Service opened in Casablanca1 on 18 July• Groupe PSA joins forces with its long-standing importer, Sopriam, to roll out its multi-brand repair network in the country• The network now includes 3,500 garages worldwide, and aims to expand to 10,000 locations at least by 2021 The opening was attended by Christophe Musy, Senior Vice… Continue reading Multi-brand network Euro Repar Car Service launched in Morocco

Worldwide sales up 38.1% in the first half of 2018

  [1] As from 1 August 2017, the Group’s scope of consolidation includes the sales volumes of Opel and Vauxhall.In line with the Group’s decision to initiate the process of suspending its operations in Iran, vehicles manufactured in Iran are no longer included in consolidated global sales, as of 1 May 2018. [2] PEUGEOT 2008, 3008,… Continue reading Worldwide sales up 38.1% in the first half of 2018

Groupe PSA and Inria create an OpenLab dedicated to artificial intelligence

Increasing efficiency and reliability of the results acquired by artificial intelligence methods for  automotive applications use is one of the main research challenge of the OpenLab A dozen topics will be covered over a 4 years period Groupe PSA and Inria today announced the creation of an OpenLab dedicated to artificial intelligence. The studied areas… Continue reading Groupe PSA and Inria create an OpenLab dedicated to artificial intelligence