Gatik adds autonomous box trucks to its ‘middle mile’ game plan

Gatik, the autonomous vehicle startup focused on the ‘middle mile’ of logistics, has added box trucks to its fleet as Walmart and other customers look for ways to boost efficiency and shore up the supply chain amid surging demand from consumers ordering goods online. Gatik came out of stealth nearly a year ago with a… Continue reading Gatik adds autonomous box trucks to its ‘middle mile’ game plan

Press Releases – 298 automobile factories operating across Europe, new data shows

Brussels, 6 May 2020 – 298 automobile assembly and engine production plants operate in Europe today, according to freshly-updated data from the European Automobile Manufacturers’ Association (ACEA). Cars, vans, trucks, buses and engines are manufactured at these factories, 196 of which are situated within the European Union (EU27). ACEA is publishing this data in the… Continue reading Press Releases – 298 automobile factories operating across Europe, new data shows

@Toyota: Toyota USA Foundation Builds Upon Company’s Ongoing COVID-19 Relief Efforts

Provides $2.5 Million to Address Hunger and E-Learning Programs Nationwide PLANO, Texas (May 5, 2020) – Amid growing demand for emergency relief as a result of COVID-19, the Toyota USA Foundation awarded $2.5 million in grants to a variety of nonprofits across the nation. Funds address crucial needs – particularly food assistance – in urban… Continue reading @Toyota: Toyota USA Foundation Builds Upon Company’s Ongoing COVID-19 Relief Efforts

@Ford: Let’s Get Technical: Ford Offers Self-Driving Dataset to Spark Research and Development

By Tony Lockwood, Autonomous Vehicle Manager, Virtual Driver Systems, Ford Motor Company A data visualization showing two Ford self-driving research vehicles driving through Dearborn, MI. Every second a self-driving vehicle is operating, it’s gathering information about the world around it. Cameras and LiDAR help it identify vehicles, pedestrians, signs and anything else that might be out… Continue reading @Ford: Let’s Get Technical: Ford Offers Self-Driving Dataset to Spark Research and Development

Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery

Brussels, 5 May 2020 – COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. The European automotive sector, which has been hit particularly badly, proposes a plan comprised of 25 key actions to ensure a strong restart of the sector and… Continue reading Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery

Ford COO makes second largest exec purchase of Ford stock in 10 years

CLOSE Ford Motor Co.’s $2 billion loss in the first quarter is no deterrent to its COO Jim Farley. Farley, 57, paid about $1 million to buy 194,950 shares of Ford stock Thursday at about $5.13 a share, Ford said in documents filed with the Securities and Exchange Commission on Monday. Farley now owns 828,922 Ford shares. The purchase… Continue reading Ford COO makes second largest exec purchase of Ford stock in 10 years

Ford postpones autonomous vehicle service until 2022

Ford said Tuesday it will delay until 2022 plans to launch an autonomous vehicle service, as the COVID-19 pandemic has prompted the company to rethink its go-to-market strategy. The news was shared as part of Ford’s quarterly earnings, which was released after the market closed Tuesday. Ford reported a $2 billion loss in the first… Continue reading Ford postpones autonomous vehicle service until 2022

Alexandra Ford English, daughter of Bill Ford Jr., replaces Joe Hinrichs on Rivian board

CLOSE Alexandra Ford English, director of corporate strategy at Ford Motor Company, has taken a seat on the board of directors for Rivian, the high-profile electric vehicle startup. Alexandra Ford English, daughter of Bill Ford Jr., has just been named to the Rivian board of directors, the companies announced jointly on May 1, 2020.  (Photo: Ford… Continue reading Alexandra Ford English, daughter of Bill Ford Jr., replaces Joe Hinrichs on Rivian board

Feds clear General Motors in UAW union corruption probe

FBI agents finish loading materials into a truck out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. Michael Wayland / CNBC Federal prosecutors this week informed General Motors that it is not currently a target in a yearslong investigation into corruption of the United Auto Workers union. The… Continue reading Feds clear General Motors in UAW union corruption probe