ZF Enables Autonomous Driving for Everyone

ZF is proactive in establishing collaboration with automotive OEMs in China such as Chery by providing the supercomputer ZF ProAI. ZF’s artificial intelligence (AI) controller enables automated driving functions up to level 3 for this collaboration. Drivers will receive support in relief from driving tasks while all traffic participants will benefit from systems designed to… Continue reading ZF Enables Autonomous Driving for Everyone

Press Release – Magna Announces Outlook

Please click HERE for a PDF version of the release. Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /CNW/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020.  “The pace of change in… Continue reading Press Release – Magna Announces Outlook

Magna Announces Outlook

Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /PRNewswire/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020.  Don Walker, Magna’s Chief Executive Officer (CNW Group/Magna International Inc.) Vince Galifi, Magna’s Chief Financial… Continue reading Magna Announces Outlook

Visteon Announces New $500 Million Share Repurchase Authorization

VAN BUREN TOWNSHIP, Mich., Jan. 16, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized an additional share repurchase program of up to $500 million of common stock to be executed through 2020, reflecting the company’s strong balance sheet and free cash flow generation. Visteon expects to fund… Continue reading Visteon Announces New $500 Million Share Repurchase Authorization

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

BlackBerry launches cybersecurity product for driverless cars called Jarvis

BlackBerry has launched a cybersecurity software aimed at protecting driverless cars. The product which was released on Monday and is called Jarvis identifies vulnerabilities in software used in cars. Jarvis scans and delivers insights in minutes, a process that would normally take a large number of experts and a lot of time, BlackBerry said. “Connected… Continue reading BlackBerry launches cybersecurity product for driverless cars called Jarvis

Now on the 2025AD Discussion Platform: Research Database for Automated Driving

As of January 2018, 2025AD.com offers a database of recent studies relating to artificial intelligence, urban mobility, road safety, legal matters and ethics Varied perspectives; facts that stand up to scrutiny: For two years now, the 2025AD social web platform has offered a venue for lively discourse on the future of automated driving Business, politics,… Continue reading Now on the 2025AD Discussion Platform: Research Database for Automated Driving

Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

January 16, 2018 Autonomous driving technology firm Pony.ai, a startup co-located in Silicon Valley and in China’s Guangzhou, announced that it has raised $112 million in series A funding round co-led by Morningside Venture Capital and Legend Capital. Sequoia Capital China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend… Continue reading Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

Reinvent or die: Fiat CEO to car companies

Marchionne has witnessed major changes already leading Fiat for almost 14 years, overseeing the combination with Chrysler in 2014 and the 2016 spinoff of Ferrari DETROIT: Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditised amid… Continue reading Reinvent or die: Fiat CEO to car companies

Remarks from José Muñoz and Alfonso Albaisa in Detroit

NAIAS Press Conference January 15, 2018 José MuñozChief Performance Officer (CPO) Chairman of Management Committee for North America (MC NA) Good morning and welcome to the future of Nissan. It’s my pleasure to introduce a new concept vehicle that embodies our vision and commitment to Nissan Intelligent Mobility. This is the Xmotion (Cross Motion) Concept, a… Continue reading Remarks from José Muñoz and Alfonso Albaisa in Detroit