Category: Automotive

Bosch starts new division, acquires U.S. carpooling start-up

Feb 21 (Reuters) – Germany’s Robert Bosch on Wednesday created a new division to expand its reach in the markets for ride services and connected vehicles and acquired a small U.S. ride services company as part of the strategic shift. The carpooling start-up Splitting Fares Inc, whose app connects people who share the same route… Continue reading Bosch starts new division, acquires U.S. carpooling start-up

Bosch acquires B2B rideshare startup SPLT and establishes mobility service arm

Bosch has acquired a ridesharing startup called SPLT that offered employers, universities and municipal authorities workforce-focused ridesharing services to help them offer shared commute as a means of increasing convenience and alleviating route congestion. Bosch, a leading global automotive industry supplier, is also establishing a new dedicated mobility services division, a sign of the changing… Continue reading Bosch acquires B2B rideshare startup SPLT and establishes mobility service arm

Daimler and HERE to bring HD Live Map to future Mercedes-Benz models

Highly precise maps will be a key element for autonomous driving Data from car sensors enables near real-time map “ self-healing” HD Live Map complements ADAS applications for more safety Amsterdam/Stuttgart – Daimler and HERE Technologies have teamed up to make HERE HD Live Map an integral part of Daimler’s autonomous driving technology. With these… Continue reading Daimler and HERE to bring HD Live Map to future Mercedes-Benz models

Volkswagen Group and industrial partners: new campaigns and new model for successful CNG mobility

News Press Release News Group Wolfsburg, 21 February 2018 Volkswagen Group and industrial partners: new campaigns and new model for successful CNG mobility New partnerships, new vehicle model, increased registration figures: The Volkswagen Group and its industrial partners from the areas of gas supply, grid operation and filling stations are once   …more

Continental and GIZ Committed to Sustainability in the Natural Rubber Supply Chain

Partnership will improve livelihoods of rubber tree farmers in Indonesia Tracking of the supply chain from the rubber cultivators to production will prevent deforestation Continental is consistently increasing sustainability activities in purchasing Hanover, February 21, 2018. Technology company Continental and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are joining forces in a development partnership to… Continue reading Continental and GIZ Committed to Sustainability in the Natural Rubber Supply Chain

GM offers $2.8 billion investment in South Korea over 10 years: South Korea official

SEOUL (Reuters) – General Motors (GM.N) has proposed $2.8 billion fresh investment in South Korea over the 10 years as part of its plan to restructure its embattled Korean unit, a South Korean senior government official said. The official with direct knowledge of the matter added the U.S. carmaker had requested South Korea to inject… Continue reading GM offers $2.8 billion investment in South Korea over 10 years: South Korea official

120,000 employees: VW agrees with IG Metall in the domestic tariff dispute

Volkswagen plant 120,000 VW employees get higher wages. (Photo: AP) In collective bargaining for the approximately 120,000 employees of VW Group and unions have reached an agreement. This was announced by IG Metall on Wednesday morning after the fourth round of negotiations in Hanover. Details were not mentioned at first. Instead, IG Metall negotiators and… Continue reading 120,000 employees: VW agrees with IG Metall in the domestic tariff dispute

Poor cloud security let hackers mine cryptocurrency on Tesla’s dime

The strange new breed of malicious cryptocurrency miners spares no one, it seems: Tesla is the latest to be struck by this trendy form of hackery. A poorly secured cloud computing setup let them waltz right in. It’s only the latest example of several detected by cloud security outfit RedLock, which has tracked a series… Continue reading Poor cloud security let hackers mine cryptocurrency on Tesla’s dime