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Goodyear to Expand the Capacity of its Slovenian Manufacturing Facility

Planned investment of €94 million to increase current capacity by approximately 25%. Will result in up to 1.8 million additional premium, larger-rim-diameter tires annually by 2022. Expansion expected to create approximately 160 new jobs. Construction to begin in January 2019. Kranj, December 18th, 2018 – Goodyear announces plans to expand its manufacturing facility in Slovenia… Continue reading Goodyear to Expand the Capacity of its Slovenian Manufacturing Facility

TechCrunch Reports on AEye’s $40M Series B Funding Led by Taiwania Capital

TechCrunch announces AEye’s close of Series B funding. Led by Taiwania Capital and including returning investors Kleiner Perkins, Intel Capital, Airbus Ventures, and Tyche Partners, the artificial perception pioneer and creator of iDAR raised $40 million, bringing its total funding to roughly $61 million.

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TechCrunch Reports on AEye's $40M Series B Funding Led by Taiwania Capital — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARThe Wall Street Journal Announces Close of AEye’s $16 Million Series A with Funding from Kleiner Perkins Caufield & Byers, Airbus Ventures, Intel Capital, Tyche Partners, and OthersBlair LaCorte Named President of AEyeAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesAEye Announces Addition of Aravind Ratnam as Vice President of Product ManagementGartner Names AEye Cool Vendor in AI for Computer VisionThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI TechnologyAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AutoSens Names AEye Most Exciting Start-Up in the Automotive Imaging Sector

We’re helping modernize the auto insurance industry

In a new partnership with Motion Auto, HERE location technology is being put to work in evolving how insurance works in the gig-economy. It could seem just a bit dry to bring up vehicular telematics and the insurance ecosystem in the same sentence – but trust that there is something bright on the horizon. In… Continue reading We’re helping modernize the auto insurance industry

Milestone for Autonomous Driving: Schaeffler to Showcase “Space Drive”

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Tower International Announces Leaner Leadership Structure

LIVONIA, Mich., Dec. 17, 2018 /PRNewswire/ — Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today announced the retirement of Chief Operating Officer, Mike Rajkovic.

Consistent with a leaner regional business footprint resulting from the pending divestiture of its European Operations, the Company and Rajkovic have mutually agreed to accelerate his planned retirement from Tower.

“Mike played a crucial role in establishing and leading Tower's global efficiency initiatives that transformed our manufacturing operations,” said Tower CEO Jim Gouin. “On behalf of Tower, I want to thank Mike for his years of service to the Company and wish him and his wife Donna all the best in their inspiring philanthropic efforts at Team Fox Detroit.”

Rajkovic remarked, “It has been a pleasure serving as Tower's COO for the past dozen years and I wish Tower and its colleagues future continued success.”

Rajkovic joined Tower as Chief Operating Officer in August 2007 and established process driven initiatives which significantly reduced both manufacturing and purchasing costs. He joined Tower from the Cerberus Operations team where he helped lead the due diligence of the firm's investment in Tower.

Team Fox Detroit (teamfoxinthed.com) was founded in 2016 to raise awareness of Parkinson's Disease in the Detroit Metro area.

Investor & Media Contact:
Derek Fiebig
(248) 675-6457
fiebig.derek@towerinternational.com

View original content:http://www.prnewswire.com/news-releases/tower-international-announces-leaner-leadership-structure-300767235.html

SOURCE Tower International, Inc.

Honeywell’s New Trading Business Uses Blockchain Technology To Modernize Buying And Selling Of Aviation Parts

PHOENIX, Dec. 17, 2018 /PRNewswire/ — Honeywell (NYSE: HON) is bringing the ease of everyday online buying and selling to the aviation parts industry with GoDirect™ Trade. The new e-commerce platform will improve access to new and used aircraft parts for airlines, air transport and business aviation customers by offering transparent pricing and the option… Continue reading Honeywell’s New Trading Business Uses Blockchain Technology To Modernize Buying And Selling Of Aviation Parts

Aptiv Announces Autonomous Driving Milestones and Expands Capabilities with the Opening of its Las Vegas Technical Center

New facility is home to Aptiv’s Las Vegas autonomous vehicle commercial operations, command center, and customer showroom. LAS VEGAS, Dec. 17, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), provider of the first autonomous driving technology to be used in a public commercial autonomous vehicle (AV) service, announced today the grand opening of its Las Vegas Technical… Continue reading Aptiv Announces Autonomous Driving Milestones and Expands Capabilities with the Opening of its Las Vegas Technical Center

Forbes Features AEye’s iDAR 1000 Meter Detection Range and 100 HZ Scan Rate Achievement

Forbes details why conventional, solid-state LiDAR systems won’t be enough to cultivate the future of autonomous vehicles. Instead, what will catapult autonomous vehicles into the mainstream market is faster, smarter, detection systems, like AEye’s iDAR, which fuses agile LiDAR with a high-resolution, low-light camera to replicate the advanced processes of the human visual cortex.

Forbes Features AEye’s iDAR 1000 Meter Detection Range and 100 HZ Scan Rate Achievement — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesBlair LaCorte Named President of AEyeElon Musk Is Right: LiDAR Is a Crutch (Sort of.)The Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessGartner Names AEye Cool Vendor in AI for Computer VisionAEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI TechnologyAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AEye’s iDAR Leverages Biomimicry to Enable First Solid State Lidar with 100Hz Scan Rate

Ouster streamlines lidar data labeling with new partners Playment and Scale.AI

Ouster streamlines lidar data labeling with new partners Playment and Scale.AI Angus PacalaBlockedUnblockFollowFollowingDec 14 Robotics is hard. Getting labeled data shouldn’t be. Visualization of pixelwise semantic masks perfectly correlated between 2D and 3D projections. Last week, we announced a labeling partner program in conjunction with Playment and Scale.AI to help streamline lidar data labeling for Ouster’s… Continue reading Ouster streamlines lidar data labeling with new partners Playment and Scale.AI

ZF’s Friedrichshafen Location is Shaping the Transformation of the Automotive Industry

The key issue paper was a milestone in establishing the Friedrichshafen location as a permanent fixture for the future in order to make it more competitive and to maintain flexibility,” explains Dirk Hanenberg, the location manager responsible for production. “We are on the right path, yet the automotive world continues to evolve quickly. This means… Continue reading ZF’s Friedrichshafen Location is Shaping the Transformation of the Automotive Industry