FRANKFURT (Reuters) – Germany’s top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles. FILE PHOTO: Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid… Continue reading UPDATE 1-As Google races ahead, German carmakers look to go faster on autonomous driving
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Desktop Metal Closes $160M Series E Funding Round
Desktop Metal, a Burlington, MA-based metal 3D printing technology company, closed a $160m Series E funding round. The round was led by Koch Disruptive Technologies (KDT), with participation from GV (formerly Google Ventures), Panasonic, and Techtronic Industries, as well as previous venture capital investors Lux Capital, New Enterprise Associates (NEA) and Kleiner Perkins. The company,… Continue reading Desktop Metal Closes $160M Series E Funding Round
German carmakers, suppliers eye autonomous driving alliance – magazine
FILE PHOTO: The Mercedes-Benz logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Benoit Tessier/File Photo BERLIN (Reuters) – German carmakers Daimler, BMW and Volkswagen (VOWG_p.DE), and some of their major suppliers are in talks about developing a joint system for autonomous driving, manager magazine… Continue reading German carmakers, suppliers eye autonomous driving alliance – magazine
MAHLE acquires transmission specialist – evertiq.com
MAHLE is taking over the transmission specialist ZG-Zahnräder und Getriebe GmbH, based in Eching, near Munich in Germany. With this step, the technology group is further developing its competence in the entire powertrain. Through the acquisition of ZG-Zahnräder und Getriebe GmbH, MAHLE is expanding its expertise in the powertrain as a whole to include the… Continue reading MAHLE acquires transmission specialist – evertiq.com
Waymo plans to open a self-driving car factory in Michigan
Waymo and Magna plan to build thousands of self-driving cars at a factory in southeast Michigan, including autonomous versions of the all-electric Jaguar I-PACE and Chrysler Pacifica Hybrid minivan. Waymo, the former Google self-driving project that spun out to become a business under Alphabet, announced Tuesday that the Michigan Economic Development Corporation voted to approve… Continue reading Waymo plans to open a self-driving car factory in Michigan
Automotive: Continental wanted to take over hundreds of Opel engineers
Vehicle test at Opel The car maker is struggling with considerable overcapacity in its development center in Rüsselsheim. (Photo: Opel) Munich, Dusseldorf Germany is Segula a nearly unknown dwarf, To change that, the French development service provider plans a coup. The family business from Nanterre near Paris wants 2000 of the 7000 engineers of the… Continue reading Automotive: Continental wanted to take over hundreds of Opel engineers
Schwäbisch-Bavarian development aid
They are bitter rivals in the luxury segment – nevertheless, Daimler and BMW want to make robotic cars together according to a report. What is behind the planned cooperation? Electric cars from Mercedes and BMW Monday, 21.01.2019 17:27 clock Until recently, such partnerships were almost unimaginable: a BMW engineer needed no help, least of all… Continue reading Schwäbisch-Bavarian development aid
Johnson Controls CEO sees slowdown in China hurting its auto business
The logo and trading symbol for Johnson Controls International is displayed on a board on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. REUTERS/Brendan McDermid (Reuters) – The chief executive officer of Johnson Controls International Plc (JCI.N) said on Tuesday that he was seeing a slowdown in… Continue reading Johnson Controls CEO sees slowdown in China hurting its auto business
Growing our team and business in Michigan
Growing our team and business in Michigan Waymo TeamBlockedUnblockFollowFollowingJan 22 In the US, the auto industry is synonymous with Michigan. Auto manufacturing has created hundreds of thousands of jobs in the state and built an economic engine that helps fuel the entire country. Today, Waymo is excited to announce that we’ll grow our business in Michigan,… Continue reading Growing our team and business in Michigan
Bridgestone to Acquire TomTom´s Digital Fleet Solutions Business
News – 2019
Bridgestone to Acquire TomTom´s Digital Fleet Solutions Business
2019/01/22
Tokyo, January 22, 2019 – Bridgestone Corporation (Bridgestone) announced that its subsidiary Bridgestone Europe NV/SA, has entered into an agreement with TomTom to acquire TomTom Telematics, its digital fleet solutions business, for a cash consideration of €910 million (JP¥114 billion). The transaction is anticipated to be completed latest in the 2nd quarter of 2019, subject to the satisfaction of customary closing conditions such as regulatory approvals.
TomTom is the number one provider of digital fleet solutions in Europe, a marketplace with very diverse in legal, commercial and cultural requirements. Its digital fleet solutions business has successfully demonstrated its ability to operate in complex and demanding market environments and has continued to strengthen its potential to expand globally.
TomTom's digital fleet solution offers an industry leading data platform for connected vehicles enabling safer driving, improving productivity and optimizing uptime for personal and commercial mobility. Combining this digital fleet solution with Bridgestone's tire expertise and global service network creates an opportunity that accelerates the company's effort to become a key partner in the Mobility as a Service (MaaS) landscape with leading tire products, services and solutions offerings.
In addition to reinforcing Bridgestone's broad and leading portfolio, this strategic investment will also strengthen its position as an innovative leader in the field of tire design, and tire predictive maintenance service. Bridgestone will gain unprecedented insights into vehicle and tire operating conditions and be able to leverage a growing installed user base of 860,000 vehicles communicating 200 million data points per day.
With this acquisition, Bridgestone adds core components to its Tire and Diversified Products as a Solution (Bridgestone T&DPaaS) strategy defining the company's evolving business domain and continuous commitment towards value creation for its customers and the society.
About Bridgestone Corporation:
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.
About TomTom:
TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services. To achieve its vision of a safer world, free of congestion and emissions, it creates innovative technologies that keep the world moving. By combining its extensive experience with leading business and technology partners, it powers connected vehicles, smart mobility and, ultimately, autonomous driving. Headquartered in Amsterdam with offices in 37 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.