Stuttgart, Germany / Palo Alto, CA, U.S. – Today, Luminar Technologies, Inc., the global leader in automotive lidar hardware and software technology, and the world’s largest commercial vehicle manufacturer, Daimler Truck AG, announced a strategic partnership to enable highly automated trucking, starting on highways. Experts at Daimler Trucks, its U.S. subsidiary, Daimler Trucks North America (DTNA)… Continue reading @Daimler: Daimler Trucks and Torc partner with Luminar to enable automated trucking – Daimler Trucks acquires minority stake in Luminar
Tag: Mitsubishi
@Mitsubishi: MITSUBISHI MOTORS Starts Production of XPANDER in Malaysia
TOKYO, Oct 29, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) has started production of its crossover MPV XPANDER in Malaysia. This is the third country where MMC produces the vehicle following Indonesia and Vietnam. The XPANDER is produced at Hicom Automotive Manufacturers (Malaysia) Sdn. Bhd., a vehicle assembly contractor in Malaysia, and will… Continue reading @Mitsubishi: MITSUBISHI MOTORS Starts Production of XPANDER in Malaysia
@Daimler: Going digital in Indonesia: FUSO distributor begins innovative online sales approach amid COVID-19
Stuttgart / Tokyo / Jakarta — FUSO distributor PT Krama Yudha Tiga Berlian Motors (KTB) is now collaborating with its dealer network to sell trucks and buses online for easy access amidst coronavirus-related restrictions. Customers in Indonesia are now able to purchase a FUSO truck on Tokopedia, the largest online marketplace platform in the country.… Continue reading @Daimler: Going digital in Indonesia: FUSO distributor begins innovative online sales approach amid COVID-19
@Daimler: Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks
Stuttgart, Germany / Mountain View, USA – Daimler Trucks and Waymo have signed a broad, global, strategic partnership to deploy autonomous SAE L4 technology. Their initial effort will combine Waymo’s industry-leading automated driver technology with a unique version of Daimler’s Freightliner Cascadia, to enable autonomous driving. Waymo brings over a decade of experience building the… Continue reading @Daimler: Daimler Trucks and Waymo partner on the development of autonomous SAE Level 4 trucks
FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
“The transformational changes we made in 2019 built a strong foundation for the wave of product launches coming out of FCA, and today we spotlighted those suppliers who took their work to the next level,” said Martin Horneck, Head of Purchasing and Supply Chain Management, FCA – North America. “These are the ‘best of the… Continue reading FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
@FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards October 23, 2020 , Auburn Hills, Mich. – FCA honored 31 supplier partners across 19 categories today during the virtual 2020 North America Annual Supplier Conference and Awards program. The Supplier of the Year awards recognize companies that have shown exceptional… Continue reading @FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
@Renault: GROUPE RENAULT: Quarterly information Q3 2020000111
PRESS RELEASE #RenaultResults Revenues of €10,374 million in the third quarter of 2020Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter1, the decrease would have been -3.2%.The Group sold 806,320 vehicles in the third quarter, down 6.1%.September showed a positive momentum, particularly marked in Europe, where Group’s sales were up 8%… Continue reading @Renault: GROUPE RENAULT: Quarterly information Q3 2020000111
Tekion Raises $150M in Series C; at $1B+ Valuation
Tekion, a San Ramon, Calif.-based cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, raised $150m in Series C financing round at over a $1 billion valuation. The round was led by Advent International with participation from Index Ventures, Exor (the holding company of Fiat Chrysler Automobiles and Ferrari), Airbus Ventures and… Continue reading Tekion Raises $150M in Series C; at $1B+ Valuation
Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia
Daimler India Commercial Vehicles (DICV) has added another important milestone to its list with over 35,000 commercial vehicles and 150 million parts exported from the country. The CV maker has also added Malaysia as a new CKD market. The CKD (completely knocked down) vehicles are exported in parts and then assembled locally. DICV already exports… Continue reading Daimler India exports cross 35,000 CVs and 150 million parts to over 50 markets, to begin CKD exports to Malaysia
Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility
Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility Compagnie Générale des Établissements Michelin, signed on 16 October 2020 with a group of 19 banks a new EUR 2’500’000’000 multi-currency revolving credit facility (“the Facility”). The Facility replaces the existing EUR 1,500,000,000 facility dated 12 July 2011 and amended on 20 July 2012 and 10… Continue reading Michelin signed a EUR 2.5bn Multicurrency Revolving Credit Facility