DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously… Continue reading DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

Audi designs first concept car for an animated film

Audi brings futuristic design and mobility to the big screen for the first time with the Audi RSQ e-tron, a fictional, virtual performance concept car created for Twentieth Century Fox’s animated film Spies in Disguise. The full-battery electric model, created by Audi Design in cooperation with Blue Sky Studios, combines automated driving with artificial intelligence… Continue reading Audi designs first concept car for an animated film

Nissan: Nissan Group reports October 2018 U.S. sales

 October 2018 October 2017 % Change Nissan Group Total sales (units) 109,962 123,012 -10.6 Nissan Division sales 98,082 112,716 -13.0 INFINITI sales* 11,880 10,296 15.4 NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for October 2018 of 109,962 units, a decrease of 11 percent compared to the previous year. Nissan highlights: Nissan NV200… Continue reading Nissan: Nissan Group reports October 2018 U.S. sales

transformation

01.11.2018 Ι Society and the economy are facing profound changes. At the Transformation Congress in Bonn, more than 600 metallurgists discussed how change can be shaped in the interests of the employees. In an interview, Jörg Hofmann, First Chairman of IG Metall, talks about the design possibilities of the union. A good 600 metalworkers discussed… Continue reading transformation

Ford SUV Sales on Record Pace – Expedition Up 74.7 Percent, Explorer Up 12.5 Percent; F-Series Passes 70,000-Truck Mark for Eighth Straight Month; Lincoln Navigator Up 70.0 Percent

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 SUV Sales on Record Pace – Expedition Up 74.7 Percent, Explorer Up 12.5 Percent; F-Series Passes 70,000-Truck Mark for Eighth Straight Month; Lincoln Navigator Up 70.0 Percent

Baidu hits the gas on autonomous vehicles with Volvo and Ford deals

China’s search engine giant Baidu is continuing its partnership spree for Apollo, its open development platform for autonomous driving, after it inked a deal with Swedish automaker Volvo to develop level four self-driving passenger cars. “Autonomous driving has been our dream, but it’s coming true,” said Li Zhenyu, vice president and general manager of Baidu’s… Continue reading Baidu hits the gas on autonomous vehicles with Volvo and Ford deals

Carpooling startup Scoop partners with Lyft

Lyft is partnering with carpooling service Scoop to supplement Scoop’s offering to its customers from companies like LinkedIn, Workday, Samsung T-Mobile and Symantec. With Scoop, trips are pre-scheduled, so you can select from one or more times you’d be willing to leave in the morning and afternoon, and have up until 9pm the night before for… Continue reading Carpooling startup Scoop partners with Lyft

Continental Sees a Need for Amendments to the Draft Training Opportunities Act

“ Continental welcomes progress on the Training Opportunities Act, but recognizes the need for amendments to key points Focused training ensures Germany’s competitiveness as a business location Dr. Ariane Reinhart, Executive Board member for Human Relations: “Training needs to take place predominantly in-company and should also receive funding there” Representative Continental survey: Employees consider training… Continue reading Continental Sees a Need for Amendments to the Draft Training Opportunities Act

Tesla owners will be able to remotely control their car through their phones ‘like RC cars’ within ~6 weeks, says Elon Musk

Tesla CEO Elon Musk has been promising some major improvements to Tesla Autopilot’s Summon feature in recent weeks. Now he has announced a new update coming in “~6 weeks” that will enable Tesla owners to remotely control their car through their phones “like RC cars”. Ever since the introduction of Tesla’s second generation Autopilot hardware,… Continue reading Tesla owners will be able to remotely control their car through their phones ‘like RC cars’ within ~6 weeks, says Elon Musk

Faraday Future loses the last of its founding executive team as problems deepen

There were five. And now, there are none. Faraday Future, the once-buzzy Chinese electric vehicle startup that has delivered lots of promises and fanfare, but has struggled to deliver an actual product, suffered back-to-back departures this week of the remaining five founding members of its executive team. Nick Sampson, a co-founder and senior vice president… Continue reading Faraday Future loses the last of its founding executive team as problems deepen