A $245 Million Settlement Has Brought the Waymo v. Uber Legal Battle to a Close

In Brief Uber has agreed to pay Waymo, Google’s autonomous vehicle company, $245 million in equity for stealing trade secrets. Uber also agreed not to use any of Waymo’s hardware or software ideas even though Google is now essentially an investor in Uber. Uber Pays for Stolen Secrets After spending nearly a week in the… Continue reading A $245 Million Settlement Has Brought the Waymo v. Uber Legal Battle to a Close

Automotive: CO2 emissions rise again in France

Reverse. CO2 emissions from new cars registered in France went up again last year, a first since 1995. In 2017, the average was 111 grams of carbon dioxide emitted per kilometer and per vehicle, against 110 grams in 2016, according to data compiled by AAA Data. The biggest emitter is General Motors, with 270 grams.… Continue reading Automotive: CO2 emissions rise again in France

Inside Jaguar Land Rover Classic Works

Hidden away on an industrial estate on the site of the old Peugeot factory in Ryton, Coventry, sits another great automotive name – but it’s one that has made an even bigger impact on UK motoring history. Jaguar Land Rover Classic Works has many roles, including contributing to the brand’s bottom line. Auto Express was… Continue reading Inside Jaguar Land Rover Classic Works

Didi Chuxing Launches Open Carsharing Platform

Photo courtesy of DiDi Didi Chuxing (DiDi) launched its carsharing platform, partnering with automakers, new energy transportation infrastructure operators, and after-sales service providers, to build an open new energy carsharing system for the future. The network of strategic partners now includes 12 top automakers including BAIC BJEV, BYD, Chang’an Automobile Group, Chery Automobile Group, Dongfeng… Continue reading Didi Chuxing Launches Open Carsharing Platform

Adesa-AFC Parent Acquires Stratim

KAR Auction Services, Inc. a global vehicle remarketing and technology solutions provider, announced the acquisition of mobility and fleet management software company Stratim. KAR owns Adesa auctions and Automotive Finance Corp. (AFC). Stratim co-founder Sean Behr, who spoke at the 2017 Fleet Forward Conference, assumes the role of Stratim’s president. The addition of Stratim supplements… Continue reading Adesa-AFC Parent Acquires Stratim

Dealers ask brands to clarify their role in vehicle distribution

The employers of the dealerships today asked manufacturers to clarify the role they will play in the future of vehicle distribution in our country. The petition has been launched during the 27th Annual Faconauto Congress, which takes place in Ifema today and tomorrow, and comes when some brands begin to reserve the exclusivity of online… Continue reading Dealers ask brands to clarify their role in vehicle distribution

Airbus: Vahana test successful

The first test flight of the autonomous air taxi of Airbus, Vahana, has completed its test flight. On a special site in Pendleton, US Oregon became the first test of Vahana successfully held. It flew the Airbus Autonomous Transporter at a height of five meters and then landed successfully. Vahana – Autonomous air taxi from… Continue reading Airbus: Vahana test successful

Waymo accepts $245 million and Uber’s ‘regret’ to settle self-driving car dispute

SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc’s Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s chief executive to move past one of the company’s most bruising public controversies. The settlement announcement on Friday brought an abrupt… Continue reading Waymo accepts $245 million and Uber’s ‘regret’ to settle self-driving car dispute

UPDATE 8-Waymo accepts $245 mln and Uber’s ‘regret’ to settle self-driving car dispute

SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc’s Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s chief executive to move past one of the company’s most bruising public controversies. The settlement announcement on Friday brought an abrupt… Continue reading UPDATE 8-Waymo accepts $245 mln and Uber’s ‘regret’ to settle self-driving car dispute

Koolicar leaves for the West Indies

The car rental service between individuals will announce this February 12, 2018 the launch of its offer to Guadeloupe and Martinique. An unprecedented expansion in the sector. What better than a presentation of KoolicarGo under the snow to slip this information: Koolicar will establish in the French West Indies. More specifically, the rental service between… Continue reading Koolicar leaves for the West Indies