Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8% of full-time employees to cut costs in the midst of the coronavirus pandemic.
Category: Newswire
BMW Group Selects NVIDIA to Redefine Factory Logistics
SANTA CLARA, Calif., May 14, 2020 (GLOBE NEWSWIRE) — GTC 2020 — BMW Group has selected the new NVIDIA Isaac™ robotics platform to enhance its automotive factories — utilizing logistics robots built on advanced AI computing and visualization technologies, the companies announced today.The collaboration centers on implementing an end-to-end system based on NVIDIA technologies — from… Continue reading BMW Group Selects NVIDIA to Redefine Factory Logistics
Martinrea International Inc. Reports First Quarter Results
TORONTO, May 13, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2020.HIGHLIGHTSTotal sales of $872.7 million;… Continue reading Martinrea International Inc. Reports First Quarter Results
Silvercar by Audi Enables Responsible Travel with Contactless Features and Services
AUSTIN, Texas, May 14, 2020 /PRNewswire/ — Finally, rental car customers are going to get what they need and what they deserve. Silvercar by Audi is helping customers prepare for the “new normal” in travel with the roll out of Contactless Rental and Delivery to You service. As part of its Responsible Travel initiative, these expanded… Continue reading Silvercar by Audi Enables Responsible Travel with Contactless Features and Services
Honda Plans Restart of Auto Production in U.K. Early Next Month
Honda Motor Co. said it plans to resume production in the U.K. early next month, the latest automaker to restart operations shuttered amid the global coronavirus pandemic.
Crave upgrades food delivery
BOISE, Idaho, May 13, 2020 /PRNewswire/ — Crave Delivery, a new entrant to the food scene, announced today the launch of our unique delivery concept. Aimed at elevating expectations in this space, Crave is a vertically-integrated platform that combines the best of remote kitchens, proprietary technology interface, and employee delivery team. Our goal is to provide… Continue reading Crave upgrades food delivery
Nissan is killing Datsun again, report says
Nissan is planning to discontinue its Datsun brand for the second time, a new report says.The automaker relaunched the nameplate in 2012 as a discount brand that’s today sold in only a few markets including South Africa, Indonesia and India, where it sells some models for as little as $4,000.An official announcement on Datsun’s fate is expected to be announced during Nissan’s earnings call on May 28.
Aston Martin Tumbles After Saying It May Seek More Funding
Aston Martin Lagonda Global Holdings Plc said it may raise more funds and will take further steps to cut costs and control cash as the coronavirus pandemic weighs on business.
Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future
AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the… Continue reading Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future
Goodyear Announces Offering Of Senior Notes
AKRON, Ohio, May 13, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a public offering of $600 million aggregate principal amount of 5-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other… Continue reading Goodyear Announces Offering Of Senior Notes