Carvana is already an innovative way to shop for a car and it could get better thanks to Car360. The two companies share an interest in improving the car buying experience through enhanced imagery. Car360’s approach is different from Carvana’s as it’s focused on photos shot with a mobile device. This approach could allow Carvana to… Continue reading Carvana acquires Car360 for $22M to improve its car buying platform
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LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars
Self-driving cars won’t change society if the sensors that allow them to “see” their environment remain too expensive to produce at scale. Until recently, the only company that made reliable LIDAR, the laser sensor that sends millions of laser points out per second and measures how long they take to bounce back, was Velodyne. But… Continue reading LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars
Local Motors Inc. announces partnership with Robotic Research, LLC
CHANDLER, Ariz., April 17, 2018 /PRNewswire/ — Local Motors partners with industry leading robotics technology group Robotic Research on Olli, the world’s first co-created, electric, autonomous shuttle. The partnership with Robotic Research is the latest integration of a new technology partner and showcase of Local Motors’ open development platform. Jay Rogers, CEO and co-founder of LM… Continue reading Local Motors Inc. announces partnership with Robotic Research, LLC
Continental and VGF Implement Autonomous Test Operation with Shuttle on Frankfurt University of Applied Sciences Campus
The purpose of the trial is to share knowhow among Continental, EasyMile and VGF with the aim of determining the future requirements for driverless vehicles and usage models jointly and in a realistic manner. From April 17 to April 19, 2018, students at Frankfurt University of Applied Sciences (Frankfurt UAS) will be testing a driverless… Continue reading Continental and VGF Implement Autonomous Test Operation with Shuttle on Frankfurt University of Applied Sciences Campus
BRIEF-Carvana Says In Connection With Deal To Acquire Car360, Unit Paid About $6.7 Mln & Issued 930,047 New Class A Common Units
April 17 (Reuters) – Carvana Co: * CARVANA SAYS IN CONNECTION WITH DEAL TO ACQUIRE CAR360, UNIT PAID ABOUT $6.7 MILLION & ISSUED 930,047 NEW CLASS A COMMON UNITS – SEC FILING Source text: (bit.ly/2EUly9B) Further company coverage: (Reuters.Briefs@thomsonreuters.com) Go to Source
Opel announces all dealer contracts
European Opel dealers must renegotiate their terms with Opel. The automaker announces all contracts. In Germany, 385 businesses are affected. Opel dealer (archive) Tuesday, 17.04.2018 15:58 clock The automaker Opel has terminated all European traders contracts. As a result, the PSA subsidiary, which is undergoing refurbishment, wants to reach new agreements that could increase the… Continue reading Opel announces all dealer contracts
UPDATE 2-China to scrap foreign auto ownership limits by 2022
BEIJING/SHANGHAI (Reuters) – China will scrap foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to carmakers from Nissan (7201.T) to Tesla Inc (TSLA.O). FILE PHOTO: Cars are parked at the Great Hall of the People… Continue reading UPDATE 2-China to scrap foreign auto ownership limits by 2022
Sun Mobility opens swappable battery station for two, three wheelers in B’luru
The energy infrastructure platform is a first-of-its-kind universal architecture solution that works across various two and three-wheeler vehicles. NEW DELHI: Chetan Maini-led Sun Mobility on Tuesday launched a swappable battery station for two and three-wheeler electric vehicles at its brand new 47,500 sq. ft. technology development centre in Bengaluru. The energy infrastructure platform is a… Continue reading Sun Mobility opens swappable battery station for two, three wheelers in B’luru
Personnel changes in BMW Group production network
Munich. Effective 1 August 2018, Robert Engelhorn will take over as director of BMW Group Plant Munich. Engelhorn joined the BMW Group in 2011 and occupied various positions at the Munich and Regensburg plants. In 2016, he moved to the BMW Brilliance Automotive (BBA) joint venture in China, where he currently heads the Technology and… Continue reading Personnel changes in BMW Group production network
Truck manufacturer: VW and Daimler compete in the IPO of the truck divisions
Scania Truck With the brands Scania and MAN VW wants to attack the market leader Daimler Trucks. (Photo: Scania ImageDesk) MunichAndreas Renschler is in a hurry. Last week he was still in TokyoNow the plane is going to Chicago. In between, he still has time to be happy that the VW-Supervisory green light for the… Continue reading Truck manufacturer: VW and Daimler compete in the IPO of the truck divisions