Sameer Qureshi has left his role as a senior manager of Tesla Autopilot Programs and has joined Lyft, according to his LinkedIn. We first saw the news over on Electrek. Tesla declined to comment, but Lyft confirmed Qureshi joined the team this week. At Lyft, Qureshi is now director of product for autonomous driving, specifically focused… Continue reading Lyft hires former Tesla Autopilot manager for self-driving car efforts
Tag: Tier 1 Suppliers
(2nd LD) Hyundai withdraws overhaul plan on opposition
(ATTN: CHANGES headline and lead; ADDS details throughout) SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday withdrew a key spinoff merger plan in a setback to its corporate restructuring amid stepped-up opposition campaigns by some investors. The decision comes as global hedge fund Elliott and proxy advisers such as Institutional Shareholder Services (ISS)… Continue reading (2nd LD) Hyundai withdraws overhaul plan on opposition
Autoliv provides update on planned Veoneer spin-off
Mon, May 21, 2018 14:20 CET (Stockholm, Sweden, May 21, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems announces that Veoneer, its electronics segment, has filed an amendment to its Registration Statement on Form 10 in connection with its planned spin-off from Autoliv. Veoneer, Inc. has filed… Continue reading Autoliv provides update on planned Veoneer spin-off
2021 Jaguar J-Pace moves closer to production with global trademark
Jaguar is working at top speed on an all-new £80,000-plus J-Pace SUV for 2021, designed to beat the Porsche Cayenne at its own game. A global trademark filing for the J-Pace moniker suggests that the model is edging closer to production, having been scooped by Autocar last year. The Range Rover-rivalling SUV will have a brand-new… Continue reading 2021 Jaguar J-Pace moves closer to production with global trademark
Hyundai cancels corporate overhaul plan
SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday canceled the corporate restructuring plan the company announced in March, following stepped-up campaigns of opposition by some investors. Under the corporate overhaul plan, the group’s auto parts supplier, Hyundai Mobis Co., was slated to spin off its domestic module and after-sales parts businesses and merge… Continue reading Hyundai cancels corporate overhaul plan
Honeywell Announces Alessandro Gili as CFO for Transportation Systems Spin
ROLLE, Switzerland, May 18, 2018 /PRNewswire/ — Honeywell (NYSE: HON) today announced Alessandro Gili has been named Chief Financial Officer for its Transportation Systems business, a position he previously held with luxury performance sports car maker Ferrari since 2015. Gili will join the Transportation Systems leadership team June 1 as it prepares to spin into a… Continue reading Honeywell Announces Alessandro Gili as CFO for Transportation Systems Spin
Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Magna’s surround view system adopts Renesas’ system-on-chip Japan-based Renesas electronics, an industry-leading supplier of automotive semiconductor solutions, and Canada-based Magna, a mobility technology company and one of the world’s largest automotive suppliers, aim to accelerate the mass adoption of advanced driving assistance system (ADAS) features with a new cost-efficient 3D surround view system designed for… Continue reading Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010
Suppliers to Fiat Chrysler Automobiles NV discussed alleged illegal use of software to pass emissions tests in 2010, according to emails disclosed in federal court in San Francisco this week. Fiat Chrysler wanted to use software in its diesel engines that was capable of “cycle detection,” meaning it could sense when the vehicle was undergoing… Continue reading Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010
News Release – Magna’s “Powertrain Meets Future” Drivetrain Forum Brings Industry Together
• Magna hosts 7th annual Drivetrain Forum• Event showcases latest powertrain developments • Magna demonstrates comprehensive systems expertise Please click HERE for a PDF version of the release. SAILAUF, Germany, May 18, 2018 — In the coming years, there could be up to 48 variations of powertrain architectures available. Additionally, legislative requirements for CO2 emissions, changing… Continue reading News Release – Magna’s “Powertrain Meets Future” Drivetrain Forum Brings Industry Together
Ferrari to announce new CFO
Maranello (Italy), May 18, 2018 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announces the appointment of Antonio Picca Piccon as Chief Financial Officer of the Group. Antonio Picca Piccon will start in his new role in Ferrari on July 30, replacing Alessandro Gili who has decided to leave the company effective May 31 to pursue other… Continue reading Ferrari to announce new CFO