Why Self-Driving Car Companies Are Eyeing This Remote Driving Startup

Six months ago, remote driving startup Phantom Auto was just a fleck in a crowded sea of companies vying for visibility—and customers—in the nascent autonomous vehicle industry. Today, it’s on the verge of landing deals with automakers, tech companies, and ride-hailing services all racing to deploy autonomous vehicles for public use. Phantom Auto, fresh from… Continue reading Why Self-Driving Car Companies Are Eyeing This Remote Driving Startup

The scandal is Dieter Zetsche

Ride instead of crackdown: With this strategy, Daimler CEO Dieter Zetsche wants to personally survive the diesel affair. It harms the Group and its industry in the long term. Tuesday, 12.06.2018 16:36 clock It could have been a liberation blow for the Daimler Group and its tens of thousands of righteous employees. By the announcement,… Continue reading The scandal is Dieter Zetsche

Jaguar Land Rover moves Discovery production to Slovakia

Jaguar Land Rover is to move all production of its Discovery from the UK to Slovakia in a move that could lead to job losses. Britain’s biggest carmaker, which is owned by India’s Tata Motors, said production will be transferred early next year. In 2016, the company said it would produce Discovery models in Slovakia.… Continue reading Jaguar Land Rover moves Discovery production to Slovakia

SMALL STREAMS MAKE A BIG RIVER: FROM EVOLUTION TO TRANSFORMATION

The quest for clean air and sustainable mobility is driving a major shift in the automotive industry, towards zero emission mobility. For Faurecia, it’s evolution, not revolution! It builds on our continued technology innovation for clean mobility solutions. It’s also enlarging our playground in and beyond the automotive world to support everyone who has a… Continue reading SMALL STREAMS MAKE A BIG RIVER: FROM EVOLUTION TO TRANSFORMATION

Scooter startup Bird is reportedly about to hit a $2B valuation

More financing is coming in for Bird, this time potentially valuing the company at $2 billion, according to a new report by Axios. There’s not a ton to add here compared to the last round (which happened just weeks ago), as the same dynamics are probably in play here. While Uber was a bet on… Continue reading Scooter startup Bird is reportedly about to hit a $2B valuation

Priod takes over the Fiolet group!

The group headed by the Priod family accelerates its development by taking over the group Fiolet, distributor Opel and Kia. It not only opens a new geographical map but also adds nearly 3,500 VN to its offer … The Priod group no longer stops. Indeed, after having Etablissements Le Gallou, Fiat distributor, Alfa Romeo and… Continue reading Priod takes over the Fiolet group!

Mapfit raises $5.5M for its mapping platform

If you are a developer and you want to use the Google Maps Platform to power direction or other location-based features in your applications, things can quickly get expensive. Mapfit, which today announced that it has raised a $5.5 million funding round, promises to challenge Google on price while offering geocoding services and vector-based maps that… Continue reading Mapfit raises $5.5M for its mapping platform

The concern grows at Peugeot Scooters

Employees of Peugeot Scooters want to know what sauce they will be eaten. Worried about the turn of events, the works council of the company decided to exercise its right of warning. The procedure, which provides a clear view of the finances of a company through an accountant, will be formally launched Thursday at an… Continue reading The concern grows at Peugeot Scooters

CarAdvise and CARCHEX Unite to Simplify Vehicle Protection, Maintenance and Repair for Millions of Drivers

CHICAGO, June 12, 2018 /PRNewswire/ — CarAdvise, the leading consumer vehicle maintenance and repair platform with a partner network of over 56MM customers has teamed up with CARCHEX, a preeminent consumer focused vehicle protection company, to provide volume pricing on car care at over 20,000 integrated shops nationwide. In an industry synonymous with mistrust and feelings… Continue reading CarAdvise and CARCHEX Unite to Simplify Vehicle Protection, Maintenance and Repair for Millions of Drivers

BMW sales fall, so too does German investor confidence

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn… Continue reading BMW sales fall, so too does German investor confidence