Photorealistic Simulator for Autonomous Driving

Researchers from various research institutes have developed a new simulator for autonomous test drives: AADS. The testing of autonomous driving is not only on the real road, but also in the virtual world. These virtual world should be as detailed as possible to teach the car the correct maneuvers. New simulation world. Source: eurekalert.org Researchers… Continue reading Photorealistic Simulator for Autonomous Driving

Press: ZF signs definitive agreement to acquire WABCO

WABCO is a leading global supplier of braking control systems, technologies and services that improve safety, efficiency and connectivity of commercial vehicles including trucks, buses and trailers. Its diverse products and services include integrated braking systems and stability control, air suspension systems, transmission automation controls, as well as aerodynamics, telematics, and fleet management solutions. WABCO,… Continue reading Press: ZF signs definitive agreement to acquire WABCO

UPDATE 4-Lyft valued at $24.3 bln in first ride-hailing IPO

(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. Lyft’s IPO sets the stage for the stock market debut of larger… Continue reading UPDATE 4-Lyft valued at $24.3 bln in first ride-hailing IPO

Self-Driving Cars Are Here: Waymo Explains Why Hardly Anyone Can Ride One – Inverse

Autonomous cars are here, but they need to behave more like humans. Dmitri Dolgov, chief technology officer of Waymo, the autonomous car firm that started life as a Google internal project, said in an interview this week that while these cars are on the road already, big changes are coming that will enable them to… Continue reading Self-Driving Cars Are Here: Waymo Explains Why Hardly Anyone Can Ride One – Inverse

UPDATE 3-Parts maker ZF Friedrichshafen positions for driverless cars with $7 bln deal for Wabco

FRANKFURT (Reuters) – German auto parts maker ZF Friedrichshafen has agreed to buy U.S. rival Wabco for over $7 billion, an acquisition it has long targeted to bolster its expertise in autonomous-driving technologies. The all-cash deal, announced by the two companies on Thursday, is for $136.50 per share. That represents a 13 percent premium to… Continue reading UPDATE 3-Parts maker ZF Friedrichshafen positions for driverless cars with $7 bln deal for Wabco

This Startup Pays Humans to Remotely Operate “Driverless” Cars

Take the Wheel Even today’s most advanced autonomous vehicles (AVs) can’t navigate roads with the same ease as human drivers. Sure, they might do fine on a long stretch of highway, but the vehicles often falter in the face of inclement weather, unpredictable pedestrians, or even birds and shadows. Now, Oregon-based startup Designated Driver has created a system, according… Continue reading This Startup Pays Humans to Remotely Operate “Driverless” Cars

VW, Ford to develop pickup truck, continue talks on autonomous driving

A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading VW, Ford to develop pickup truck, continue talks on autonomous driving

UPDATE 2-VW, Ford to develop pickup truck, continue talks on autonomous driving

A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading UPDATE 2-VW, Ford to develop pickup truck, continue talks on autonomous driving

UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

China Automotive Systems Reports Fourth Quarter and Fiscal 2018 Results

WUHAN, China, March 28, 2019 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2018. Fourth Quarter 2018 Highlights Net sales were… Continue reading China Automotive Systems Reports Fourth Quarter and Fiscal 2018 Results