A self-driving car demonstrates how it can steer clear of a cyclist in Xi’an, capital of Shaanxi province, last month.[Photo by Zhang Jie/for China Daily] The nation has completed the first draft of nationwide regulations for road tests of internet-connected vehicles and self-driving cars, as part of the broad push to gain a lead in… Continue reading National rules drafted for autonomous cars
Tag: Autonomous
The First Driverless Uber Could Hit the Road as Soon as Next Year
In Brief Uber will soon use autonomous vehicles to transport passengers. The company’s CEO said the first self-driving cars will hit the road within the next 18 months. Autonomous Vehicles Uber’s long-term goal for it ride-hailing service is to phase out human drivers in favor of wholly autonomous vehicles. Now, the company’s CEO Dara Khosrowshahi has… Continue reading The First Driverless Uber Could Hit the Road as Soon as Next Year
Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment
Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks
Alphabet Launches New Company Focused on Cybersecurity Services
Google has a new sister: Parent company Alphabet Inc. announced on Wednesday the formation of a new subsidiary company, called Chronicle, focused on cybersecurity. Chronicle was formed in 2016 inside of X, Alphabet’s experimental lab that has produced its driverless car effort, Waymo, and projects on drones, internet connectivity and the Google Glass headset. Stephen… Continue reading Alphabet Launches New Company Focused on Cybersecurity Services
Here acquires Micello to add indoor mapping as part of its IoT business unit
Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps… Continue reading Here acquires Micello to add indoor mapping as part of its IoT business unit
Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
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 solutions.… Continue reading Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
Thales and Vector collaborate on connected car cybersecurity
Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity
Berlin’s Blacklane raises $40-45M for its high-end transport on demand service
Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service