Tag: Tier 1 Suppliers

Four Toyota group firms to form JV for self-driving tech: Nikkei

TOKYO (Reuters) – Four Toyota Motor Corp (7203.T) group firms will form a joint venture to combine their self-driving technologies to better compete with automotive component giants such as Bosch Group [ROBG.UL], the Nikkei business daily reported on Friday. A Toyota Motor Corp logo is pictured in a showroom in Tokyo June 24, 2010. REUTERS/Yuriko… Continue reading Four Toyota group firms to form JV for self-driving tech: Nikkei

Honda further enhances capabilities of its ground-breaking NSX hybrid supercar

Dynamic handling performance improved by upgrades to chassis, new tyre specification & Sport Hybrid power unit tuning Exterior design refresh including addition of new Thermal Orange Pearlescent paint for sharper visual presence Order books now open Honda has announced a range of enhancements for the 2019 NSX, which will make the ground-breaking hybrid supercar even… Continue reading Honda further enhances capabilities of its ground-breaking NSX hybrid supercar

Southeast Asia’s Grab plans electric vehicle push

Grab, the ride-hailing company that consumed Uber’s business in Southeast Asia, today made a big push to grow the number of electric vehicles in its fleet after it partnered with energy supplier Singapore Power. The deal will see Grab add 200 new ‘fast-charging’ EVs to its fleet in Singapore with SP providing “preferential” pricing at the… Continue reading Southeast Asia’s Grab plans electric vehicle push

Second profit warning: Continental loses the confidence of investors

HannoverFour four weeks ago, optimism dominated in Hannover. Continental, Germany’s second largest automotive supplier, just had one comprehensive corporate restructuring announced. Construction, reorientation, securing the future – wanted with it Conti shine. “With the new holding structure, we are ensuring that the decisions are delegated out of the central office, better even two stages. We… Continue reading Second profit warning: Continental loses the confidence of investors

Coup of cold stock on the automobile

Black day for Continental. The German equipment maker fell Wednesday about 14% on the Frankfurt Stock Exchange, its largest decline since 2009, causing in its fall the European automotive values. At the Paris Bourse, Michelin, Valeo, Faurecia or Peugeot also gave ground – but to a lesser extent -, just like Pirellli in Milan or… Continue reading Coup of cold stock on the automobile

Lyft and Aptiv have completed 5000 paid trips in their self-driving taxis

Lyft and self-driving technology company Aptiv have been operating a small fleet of self-driving cars in Las Vegas since the Consumer Electronics Show last January. And today, the companies say they’ve reached a new milestone in their partnership: 5,000 paid rides. Lyft and Aptiv claim to be operating the only commercial robot taxi service in… Continue reading Lyft and Aptiv have completed 5000 paid trips in their self-driving taxis