About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading @Ford: Ford is No. 1 in Europe Commercial Vehicle Sales and Rolled Out 8 Electrified Models to Customers in 2019
Tag: Autonomous
@GM: GM Investing $40 Million in Spring Hill Propulsion Plant
GM Investing $40 Million in Spring Hill Propulsion Plant Investment upgrades manufacturing capabilities for 5.3L V8 engines 2020-01-16 SPRING HILL, Tenn. — General Motors announced today plans to invest $40 million in the Spring Hill Global Propulsion Systems (GPS) plant to increase capacity of the 5.3L V8 engines for GM’s full-size truck and SUV programs.… Continue reading @GM: GM Investing $40 Million in Spring Hill Propulsion Plant
@GM: GM Investing $6.7 Million in Tonawanda Engine Plant
GM Investing $6.7 Million in Tonawanda Engine Plant 2020-01-16 Plant upgrades manufacturing capabilities Investment continues GM’s commitment to its Tonawanda operations Tonawanda, NY — General Motors Co. (NYSE: GM) today announced a $6.7 million investment in its Tonawanda Engine Plant to upgrade the plant’s production systems. Of the total investment, $4.4 million is in capital… Continue reading @GM: GM Investing $6.7 Million in Tonawanda Engine Plant
Subaru Chooses TomTom Navigation for All-New US Vehicles
Amsterdam, The Netherlands, January 16, 2020 TomTom (TOM2), the location technology specialist, has been chosen by Subaru to be the maps and navigation supplier for its all-new 2020 Subaru Outback and Legacy models. TomTom is supplying Subaru’s all-new infotainment platform with TomTom Maps, as well as navigation software and a new navigation user interface, allowing… Continue reading Subaru Chooses TomTom Navigation for All-New US Vehicles
@Groupe PSA: PEUGEOT 508 HYBRID AND 508 SW HYBRID – THE RADICALLY EFFICIENT PLUG-IN HYBRID: 29g CO2/KM and 54 KM AUTONOMY IN 100% ELECTRIC MODE
In addition to the desire of the PEUGEOT brand to accompany each new launch of an electrified version, the new PEUGEOT 508 HYBRID and 508 SW HYBRID have just passed the certification tests under the new WLTP protocol with impressive results: 508 HYBRID: 29g(1) of CO₂/km (1,3L /100km) and 54 km of autonomy(2) in 100% electric… Continue reading @Groupe PSA: PEUGEOT 508 HYBRID AND 508 SW HYBRID – THE RADICALLY EFFICIENT PLUG-IN HYBRID: 29g CO2/KM and 54 KM AUTONOMY IN 100% ELECTRIC MODE
AEye Hires Veteran Financial Exec as VP of Finance
Andrea Haviley to Lead AEye’s Finance, Accounting and Growth Strategies as Company Scales Operations
Pleasanton, CA, December 12, 2019 – Today artificial perception pioneer AEye announced it has hired veteran financial executive Andrea Haviley as the company’s vice president of finance. Reporting to president Blair LaCorte, Haviley is responsible for driving AEye’s long-term and annual operating plans, capital financing, M&A, strategic initiatives and processes, as well as, building the finance team and implementing best practices across Finance, HR and IT to drive operational excellence as the company continues to expand and grow its business.
“We are thrilled that Andrea is bringing her deep financial expertise and acumen to AEye at this pivotal time in our growth,” said Blair LaCorte, president of AEye. “The complexity of our business is increasing as we expand our global OEM, tier 1 and automobility customer base, while moving into new markets. Andrea has a track record of excellence across corporate, operational and strategic finance roles, and she will be an asset to our maturing business.”
Haviley is a 25-year veteran in the field with a history of strong financial management. Prior to AEye, she served as director of operations finance at Veeva Systems, where she grew the team from a private company with approximately $50 million in subscription revenues to a public company with more than $1 billion in projected total revenues. Prior to Veeva, Haviley held corporate and operational finance roles at Taleo, PeopleSoft, Netscape, and Ernst & Young. She graduated from Cal Poly San Luis Obispo with a BS in Business Accounting, received her graduate MBA from UC Davis, and Fintech Premier Certification from Harvard University.
“I am excited to join AEye, a leader and disruptor in perception systems for autonomous vehicles,” said Haviley. “AEye has a powerful mission, vision and values, with a laser focus on innovation and execution, and executive leadership with depth of experience in both product and industry. I’m delighted to come on board at this pivotal time to prepare for high growth in 2020 and beyond.”
About AEyeAEye is an artificial perception pioneer and creator of iDAR™, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, and Airbus Ventures.
Media Contact:
AEye, Inc.
Jennifer Deitsch
[email protected]
925-400-4366
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@Nio: NIO Response on Market Speculations
SHANGHAI, China, Jan. 15, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO) is a pioneer in China’s premium electric vehicle market. In view of the unusual market activity in the Company’s American Depositary Shares (ADS) today and in accordance with its usual practice, the New York Stock Exchange has contacted the Company.… Continue reading @Nio: NIO Response on Market Speculations
@GM: Wages, Profit Sharing Opportunity and Benefits Set to Rise for More Than 1,350 GM Hourly Employees
Wages, Profit Sharing Opportunity and Benefits Set to Rise for More Than 1,350 GM Hourly Employees 2020-01-15 First wave of GM temps to become regular full-time employees in first quarter of 2020 Workers at 14 sites in eight states to see significant gains DETROIT — General Motors Co. (NYSE: GM) announced today that more than… Continue reading @GM: Wages, Profit Sharing Opportunity and Benefits Set to Rise for More Than 1,350 GM Hourly Employees
NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers
NextNav LLC has raised $120 million in equity and debt to commercially deploy an indoor-positioning system that can pinpoint a device’s location — including what floor it’s on — without GPS. The company has developed what it calls a Metropolitan Beacon System, which can find the location of devices like smartphones, drones, IoT products or… Continue reading NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers
HERE Technologies appoints Petra Marita Meiser as new CFO
January 15, 2020Amsterdam – HERE Technologies today announced the appointment of Petra Marita Meiser as the company’s new Chief Financial Officer, effective February 1, 2020.“As we continue to grow HERE Technologies into the world’s leading location platform, it’s important that we scale our leadership team to effectively support our future expansion,” said Edzard Overbeek, CEO,… Continue reading HERE Technologies appoints Petra Marita Meiser as new CFO