Published 1/24/2018 1:20 PM: 33CET MADRID, 24 Jan. (EUROPA PRESS) – Madrid City Council will create a central area or emissions from June of this year, as assured by the Technical Advisor of Citizens of the city of Madrid, Javier Castaño, as one of the measures that are within the air quality plan From the… Continue reading Madrid will create a central area ‘zero emissions’ from June 2018
Category: Automotive
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network
The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
India: CarTrade acquires majority stake in Shriram Automall for $24.5m
January 24, 2018 Online automobile classified platform CarTrade, operated by MXC Solution Private Ltd, is acquiring a majority stake in Shriram Automall India Ltd (SAMIL) for nearly $24.5 million to create India’s largest used vehicle platform. CarTrade will acquire shares in SAMIL from Shriram Transport Finance Company Limited (STFC), the latter said in a BSE… Continue reading India: CarTrade acquires majority stake in Shriram Automall for $24.5m
Uber’s CEO said that self-driving cars will hit the road in less than 2 years
Uber CEO Dara Khosrowshahi. Getty The world’s most powerful and influential people are meeting in Davos, Switzerland, to discuss various important topics and issues. Bloomberg hosted a conference named “The Year Ahead” there, where Uber CEO Dara Khosrowshahi attended and spoke. He said that he fully expects autonomous cars to hit the road within 18 months,… Continue reading Uber’s CEO said that self-driving cars will hit the road in less than 2 years
Thales and Vector collaborate on connected car cybersecurity
Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity
Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight
All articles and backgrounds 01/24/2018 Carsharing services from BMW and Daimler Car2Go and DriveNow merger on the home straight PR Carsharing cars from Car2Go (left, Daimler) and Drive Now (right, BMW): Still in February probably official Will it finally be something with the merger of Car2Go and DriveNow? In front more than a year The… Continue reading Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight
Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers… Continue reading Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
New production facilities to meet rising demand Capacity expansion and technology development subsidized by the Hungarian Government Up to 300 new workplaces are expected in the future Nyíregyháza, January 23, 2018. ContiTech is building on its commitment to Hungary. Over the past one and a half years, the industrial supplier – part of German technology… Continue reading ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
Admiral Insurance demands higher premiums for Hotmail users compared to Gmail
Insurance companies are discriminating against potential customers based on their email address, with Hotmail users being quoted higher premiums compared to Gmail users. The insurance companies claim that the difference is based on data that suggests that Hotmail users cost them more in terms of claims compared to Gmail users. The findings come from an… Continue reading Admiral Insurance demands higher premiums for Hotmail users compared to Gmail