Woven Alpha, Inc. (“Woven Alpha”), a group company of Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation (“Toyota”), has agreed to collaborate with Mitsubishi Fuso Truck and Bus Corporation (“MFTBC”) to explore and advance safety for Advanced Driver Assistance Systems (“ADAS”) with its Automated Mapping Platform (“AMP”). The initiation of this… Continue reading @Toyota: Woven Alpha Automated Mapping Platform and Mitsubishi Fuso Collaborate on Latest HD Mapping Technology for Advanced Driver Assistance Systems Functionality
Tag: Renault
Auto transport firm Gefco put up for sale: sources
In 2020, factory and dealership closures and delayed purchases by consumers due to the pandemic led to a 20% slide in turnover to 3.8 billion euros, while recurring EBIT fell 32% to 140 million. Car markets have since rebounded and European car registrations surged 74% in May, rising for the third month in row. FRANKFURT:… Continue reading Auto transport firm Gefco put up for sale: sources
Sputtering Nissan-Renault alliance stirs shareholder unrest
TOKYO — Nissan Motor’s general shareholders meeting Tuesday spotlighted the struggles of the automaker’s alliance with Renault and Mitsubishi Motors, a partnership that initially promised to rival the likes of Toyota Motor and Volkswagen. Nissan CEO Makoto Uchida apologized to investors for the gap that has opened between Nissan and its rivals, and also for… Continue reading Sputtering Nissan-Renault alliance stirs shareholder unrest
Chinese robotaxi unicorn WeRide bags over $600M in 5 months
It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds. The four-year-old upstart said in… Continue reading Chinese robotaxi unicorn WeRide bags over $600M in 5 months
Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development with Nissan Motor on autonomous driving technology for the China market as it raised $310 million at a $3.3 billion valuation. WeRide, led by founder Tony Han, is pursuing what is known in the auto industry as a level 4 autonomous… Continue reading Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
Ploue, 58, who started his career at Renault in 1985, “will personally supervise” the creation of Lancia’s new products along with a “lean and focused team” of young designers based in Turin, Stellantis said in a release. He joined PSA Group in 1999 after a decade at Renault where he contributed to the designs of the… Continue reading Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
Renault Group: EMTN Program Base Prospectus – June 18, 2021
Issuer : Renault SA13/15 quai Alphonse Le Gallo92100 Boulogne-Billancourt Boulogne, 22nd June, 2021 Renault SA filed its EMTN Program Base Prospectus dated June 18, 2021 with the Autorité des marchés financiers (the “AMF”) and received visa N° 21-237. Copies of the supplemental are available free of charge in the head office of Renault SA –… Continue reading Renault Group: EMTN Program Base Prospectus – June 18, 2021
Nissan CEO says performance for April, May better than expected
New Delhi: Nissan Motor Co‘s financial performance in April and May was better than expected, the automaker’s president said at the annual general meeting (AGM) on Tuesday. The announcement to shareholders came after the automaker’s forecast last month that its sales would break even for the fiscal year that began on April 1. Thanks to… Continue reading Nissan CEO says performance for April, May better than expected
Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
A former Groupe Renault executive, Franck Louis-Victor, will join Ford Motor Co. on July 1 as vice president of new businesses, the Dearborn automaker announced Monday. His role is essential to developing and implementing a strategic plan for the Ford+ plan to create new value for customers and stakeholders, the company said in a news release. He will… Continue reading Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336
Nissan India today announced that the Nissan Magnite export figure touched 1,220 units by the end of May 2021. Till May 2021-end, Nissan India produced 15,010 units — 13,790 units for the domestic market and 1,220 units for exports — of the Magnite. The customers can choose between 1.0-litre B4D NA-petrol (72PS of maximum power… Continue reading World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336