Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation
Tag: People
Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
Two auto‑mechatronics apprentices, Alexander Herbig and Alexander Ochsenkühn (r.), had the idea of marking torque‑wrench sockets green and red. The color system eases the fitting of the sockets, prevents the wrong use of the tool and therefore saves time. Audi Ideas Program sets new record in full-year 2017 Implementation of 15,000 improvement suggestions from Audi… Continue reading Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To facilitate real-time access for everyone to internal information and news about the Groupe, Groupe PSA (Paris:UG) has launched the Live ‘in PSA app, accessible via smartphone. 8,300 people have already installed the app, via Google Play Store or Apple Store. Groupe PSA has made digital technology a central component of… Continue reading Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App
Dealers told to focus on aftersales and boost profitability
Dealers have been urged to recognise the importance of aftersales and servicing to offset the fall in trade as the new car market declines. Paul Humphreys, managing director at DMS supplier Incadea UK, said: “While the used car market is performing strongly, it has been a challenging time for new, and for many dealers, this… Continue reading Dealers told to focus on aftersales and boost profitability
TomTom Solves the Unspoken Design Challenge for Autonomous Vehicles
LAS VEGAS–(BUSINESS WIRE)–At CES 2018, TomTom (TOM2), is presenting a new concept for passengers travelling in autonomous vehicles. It’s called TomTom MotionQ – a set of visual clues that enable passengers to anticipate an autonomous vehicle’s motion, leading to a more comfortable experience. TomTom MotionQ has been revealed as part of the Rinspeed Snap robotaxi… Continue reading TomTom Solves the Unspoken Design Challenge for Autonomous Vehicles
Toyota in Valenciennes: the CE confirms the details of the investment
It had been a long time since we had seen such an investment in cars in France. Toyota will invest 400 million euros in its Onnaing plant, near Valenciennes, to allow the site to host the new platform of the manufacturer (the “New Global Platform Architecture”) and a new vehicle in addition to the Yaris.… Continue reading Toyota in Valenciennes: the CE confirms the details of the investment
SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
SEAT has been acknowledged as one of the fastest growing companies in the Best Spanish Brands 2017 ranking compiled every two years by Interbrand. The company came in on the list for the first time in 2015 in 25th position, and has risen to 22nd in the latest edition. During the event, organised by the… Continue reading SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
EasyMile in Florida
The French E-Shuttle manufacturer delivers one to Babcock in Florida. In Florida Autonomous driving is allowed and the community Babcock in the southwest of the US state has gained an autonomous e-shuttle. EasyMile Shuttle EZ10. Source: Continental The manufacturer EasyMile has delivered a shuttle that is powered by electricity and charged by solar panels. The… Continue reading EasyMile in Florida
Top Automotive Industry News for Week of January 15 – January 21, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017