News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Please click HERE for a PDF version of the release. Collaboration in Southeastern Michigan to Make First Deployment in Downtown Detroit Possible ANN ARBOR, Mich., June 13, 2018 — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has… Continue reading News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Magna to partner with May Mobility on low-speed self-driving shuttle

(Reuters) – Canadian auto parts supplier Magna International Inc will partner with Michigan startup May Mobility on self-driving shuttles, the companies said on Wednesday. Magna will outfit low-speed electric shuttles equipped with May Mobility self-driving software. The shuttles will be deployed initially this summer in a commercial ride-sharing service in downtown Detroit. Investors in May… Continue reading Magna to partner with May Mobility on low-speed self-driving shuttle

Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

ANN ARBOR, Mich., June 13, 2018 (GLOBE NEWSWIRE) — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has partnered with Magna (NYSE:MGA), a mobility technology company and one of the world’s largest automotive suppliers, to retrofit and scale… Continue reading Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

VW’s Skoda says might outsource production to meet demand

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) Czech brand Skoda said on Monday it might outsource some production to a contract manufacturer as the division looks to respond to booming demand. FILE PHOTO: A Volkswagen (VW) logo is pictured next to a logo of Skoda during the second media day of the 86th International Motor Show in… Continue reading VW’s Skoda says might outsource production to meet demand

General Motors President Leaves Lyft’s Board, Picks Replacement

General Motors Co. President Dan Ammann is stepping down from the board of directors at Lyft Inc., the ride-hailing company said Wednesday. The announcement is the latest sign that GM and Lyft haven’t become the close allies that they once hoped to be. Maggie Wilderotter, a former telecommunications executive who sits on Hewlett Packard Enterprise… Continue reading General Motors President Leaves Lyft’s Board, Picks Replacement

Innoviz Technologies and HiRain Technologies Partner to Bring High-Performance LiDAR and Computer Vision Software to Chinese Auto Manufacturers

KFAR SABA, Israel and BEIJING, June 6, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, and HiRain Technologies, a leading Tier 1 solution provider for the automotive market in China, announced today a partnership to bring Innoviz’s groundbreaking LiDAR and computer vision technology to Chinese automakers through HiRain’s extensive sales channels… Continue reading Innoviz Technologies and HiRain Technologies Partner to Bring High-Performance LiDAR and Computer Vision Software to Chinese Auto Manufacturers

News Release – Magna to Produce the New Z4 for the BMW Group

Please click HERE for a PDF version of the release. BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customers Production will start at the end of 2018 Magna’s unique capabilities make it an ideal mobility partner SAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract… Continue reading News Release – Magna to Produce the New Z4 for the BMW Group

Magna to Produce the new Z4 for the BMW Group

BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customersProduction will start at the end of 2018Magna’s unique capabilities make it an ideal mobility partnerSAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract vehicle manufacturing line-up in Graz, Austria, with the addition of the new BMW… Continue reading Magna to Produce the new Z4 for the BMW Group

Hyundai Motor says reviews investing in contract manufacturing

SEOUL (Reuters) – Hyundai Motor (005380.KS) on Monday conducted due diligence on a contract car manufacturing plant site for possible investment, as the South Korean firm seeks ways to cut costs and conserve capital to develop new technologies such as electric vehicles. FILE PHOTO: The logo of Hyundai Motor is seen at its dealership in… Continue reading Hyundai Motor says reviews investing in contract manufacturing