Category: Official Press Release

Daniel Weissland to lead Audi of America as President

Audi is pleased to announce Daniel Weissland has been appointed as President of Audi of America effective Sept. 1, 2019. Weissland, 46, current President and Chief Executive Officer, Volkswagen Group Canada, succeeds interim President and Chief Operations Officer, Cian O’Brien. A German National, Weissland began his career with Audi in 1999. He spent more than… Continue reading Daniel Weissland to lead Audi of America as President

Henkel cuts outlook, blames lower Q2 sales on beauty, adhesives units

GERMAN consumer goods company Henkel lowered its full-year outlook for sales and earnings on Tuesday, blaming disappointing performance at its beauty unit and a hit to its adhesives business from falling industrial production.Sales of beauty care fell 2.4 per cent, sagging in western Europe and North America, and hit by stock issues in China, although the professional haircare business kept growing strongly.The laundry and home care division is still expected to grow 2-4 per cent in the full year after expanding 2 per cent in the second quarter, helped by a global relaunch of Persil detergent and a drive to sell more online-friendly products.

May 7, 2019 Press release CIBC Conference: LeddarTech CEO to Address Autonomous Dr…

LeddarTech CEO to Address Autonomous Driving and LiDAR Technologies at the CIBC Technology & Innovation conference 7.0
Charles Boulanger, CEO of LeddarTech, will be speaking to the investor community at the CIBC Technology & Innovation conference 7.0 in Toronto, Canada. His focus will be on the state of Autonomous Driving, LiDAR Technologies, and growth opportunities in the sector.

QUEBEC CITY, May 7th, 2019 — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce the participation of Charles Boulanger, CEO of LeddarTech, at the CIBC investor conference on May 14th, 2019. CIBC holds investor and corporate conferences throughout the year. These events range from large, multi-sector forums to intimate, industry-focused gatherings. They have developed a well-earned reputation within the financial community as “must-attend” events.​ Mr. Boulanger will speak to a crowd of prominent investors on LeddarTech’s market growth and the potential of using LiDAR technology in autonomous driving applications.

“LeddarTech’s LiDAR development platform is truly a disruptive technology that allows our customers to design and mass produce customized LiDAR solutions that meet the specific autonomous driving application requirements of OEMs,” stated Charles Boulanger. “It allows all partners in the value chain to optimize performance and costs for all levels of autonomy. This is a win-win model for all stakeholders, from the component supplier to the automaker. We believe this model is a key factor in enabling the deployment of the autonomous vehicles of tomorrow,” concluded Mr. Boulanger.

This speaking engagement is preceded by LeddarTech’s continued expansion in Canada, with the launch of its new research and development office in Toronto, known as the Toronto Automotive Center of Excellence. The newly expanded team is actively contributing to the development of LeddarTech’s solid-state auto and mobility LiDAR platform. The Toronto Automotive Center of Excellence held it’s Grand Opening event on May 2nd, 2019.

About LeddarTech

LeddarTech is an industry leader providing the most versatile, scalable auto and mobility LiDAR platform based on the unique LeddarEngine, which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with LeddarSP™ signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. Additional information about LeddarTech is accessible at www.leddartech.com, and on LinkedIn, Twitter, Facebook, and YouTube.

LeddarTech, Leddar, LeddarEngine, LeddarSP, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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May 14, 2019 Press release LeddarTech to Participate at JSAE 2019 in Japan and to …

LeddarTech to Participate in May 2019 at the JSAE 2019 Exhibition in Japan and to Present at the CVCA International VC & Automotive Technology Event in Canada

QUEBEC CITY, May 14th, 2019 — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce that it will join a panel at the CVCA International: VC & Automotive Technology Event in Toronto Canada on May 21st. In addition, it will participate at the JSAE 2019 Exhibition in Japan from May 22nd until May 24th.

May 21, 2019: CVCA International: VC & Automotive Technology Event, Toronto Canada

Frantz Saintellemy, President and COO at LeddarTech, will join a panel discussion on the strength of Canada’s auto technology sector, the value of platform technology, and investment into the technology sector of Canada’s automotive industry hosted by the CVCA, in collaboration with OMERS Ventures and the Automotive Parts Manufacturer’s Association (APMA). The panel discussion and networking event bring together Canadian and International VC investors, emerging technology companies, OEMs, and Tier-1 automotive suppliers to share insights on new software technologies and business models that are re-shaping the automotive & transportation sectors globally.

“Technology is evolving at a rapid pace within the automotive industry. LiDAR technology is an essential component toward enabling autonomous driving in automotive and mobility applications globally,” stated LeddarTech’s Frantz Saintellemy. “I look forward to sharing my insights on the state of Canada’s automotive technology sector, with a particular focus on LiDAR platform technology. I will also provide my thoughts regarding fundraising challenges and opportunities in the sector to the attendees of CVCA’s VC & Automotive Technology Event.”

May 22-24, 2019: JSAE 2019 Exhibition in Yokohama, Japan

LeddarTech will participate in the Government of Ontario Pavilion at the JSAE Automotive Engineering Exposition 2019 in Yokohama from May 22nd until May 24th. Visit booth #415 to speak with our LiDAR specialists and discover our ADAS and AD solutions for automotive and mobility applications. LeddarTech’s authorized distributor Nagase will also be representing the product portfolio at booth #190.

About LeddarTech

LeddarTech is an industry leader providing the most versatile, scalable auto and mobility LiDAR platform based on the unique LeddarEngine, which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with LeddarSP™ signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, its patented technologies enhancing ADAS and autonomous driving capabilities for automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles, and more. Additional information about LeddarTech is accessible at www.leddartech.com, and on LinkedIn, Twitter, Facebook, and YouTube.

LeddarTech, Leddar, LeddarEngine, LeddarSP, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Download the PDF version of the press release

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Honda Announces Changes in Production Operations in Argentina

BUENOS AIRES, ARGENTINA / LIMA, PERU, Aug 14, 2019 – (JCN Newswire) – Honda Motor de Argentina S.A. (HAR), a Honda subsidiary in Argentina which currently produces both motorcycles and automobiles, today announced that it will discontinue production of automobiles, HR-V, in 2020 and focus its production operations on motorcycles. In order to continue strengthening… Continue reading Honda Announces Changes in Production Operations in Argentina

Sportier and more efficient than ever thanks to state-of-the-art BMW eDrive Technology: the new BMW 330e Sedan.

Munich. A combination of peerless dynamics and exemplary efficiency defines the character of the new BMW 3 Series Sedan. And now the addition to the range of drive solutions of a plug-in hybrid system brings an extra, particularly future-focused angle to the new sports sedan’s core attributes. The latest generation of BMW eDrive technology teams up with… Continue reading Sportier and more efficient than ever thanks to state-of-the-art BMW eDrive Technology: the new BMW 330e Sedan.

Robert Bosch Venture Capital co-leads USD 28 million Series A funding round for Light Field Lab

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital co-leads USD 28 million Series A funding round for Light Field Lab