Posted 04/04/2018 13: 35: 28CET STUTTGART (GERMANY), 4 Apr (EUROPA PRESS) – The manufacturer of premium vehicles Porsche has acquired a minority stake in the Israeli startup Anagog, specializing in the development of artificial intelligence in the field of mobility and with about 30 employees, the company said in a statement. As Porsche explains, the… Continue reading Porsche invests in the ‘startup’ Anagogo, specialized in the development of artificial intelligence
Tag: VW
Porsche invests in Israeli start-up Anagog
Investing in artificial intelligence: Porsche Digital GmbH has purchased a minority stake in Israeli start-up Anagog, thus strategically expanding its digital innovation portfolio.
New Lancia Stratos supercar images released
11th Mar 2018 6:00 am Manifattura Automobili Torino will build up to 25 units of its modern Stratos, based on the Ferrari 430; the supercar puts out 550hp and is expected in April 2018. The New Lancia Stratos is on display at the Geneva motor show before it is put into limited production by Manifattura… Continue reading New Lancia Stratos supercar images released
New 2018 Ford Focus teased ahead of 10 April reveal
Ford has teased the new fourth-generation Focus and has confirmed that its next family hatchback and Volkswagen Golf rival will be revealed on 10 April. The short teaser edit reveals some of the finer details of the new car’s design. We get a good look at the new headlights, complete with a fresh strikethrough LED… Continue reading New 2018 Ford Focus teased ahead of 10 April reveal
Startup Aurora discontinues Hosein by SpaceX
The startup Aurora, founded by Google people, reaches for SpaceX people. Aurora had recently found large cooperation partners: VW, Byton and Hyundai, Now you have on personal carousel turned. The former SpaceX Employee Jinnah Hosein will work for Aurora in the future. He was also for Google active, like the boss of Aurora Chris Urmson,… Continue reading Startup Aurora discontinues Hosein by SpaceX
China-backed EV Maker SF Motors Unveils Two Models For US Production
The list of China-backed electric vehicle (EV) manufacturers operating in Silicon Valley has a new member, as SF Motors unveiled two new EV models at a launch event in California last week. This newcomer is a subsidiary of Shanghai Stock Exchange-listed China Chongqing Sokon Industry Group Co., Ltd., which produces mini trucks, mini buses, multi-purpose… Continue reading China-backed EV Maker SF Motors Unveils Two Models For US Production
Motherson to acquire Reydel Automotive Group for $201m
Motherson Sumi Systems Ltd (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its subsidiary Samvardhana Motherson Automotive Systems Group (SMRP BV), has announced the proposed acquisition of Reydel Automotive Group (Reydel), a privately held portfolio company of Cerberus Capital Management (Cerberus) that manufactures interior components and modules for global automotive customers. The… Continue reading Motherson to acquire Reydel Automotive Group for $201m
MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
All articles and backgrounds 03/29/2018 MAN, Scania, VW Commercial Vehicles VW Truck division steers towards IPO [M] PR Volkswagen According to insiders, in the coming weeks formal requirements for a initial public offering create its Commercial Vehicle division Truck & Bus. The division should then be transformed into a capital marketable company such as an… Continue reading MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
Top Automotive Industry News for Week of March 26 – April 1, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 26, 2018 – April 1, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 New York Auto Show New Vehicle Debuts (Car and Driver)… Continue reading Top Automotive Industry News for Week of March 26 – April 1, 2017
Prevent is preparing billion-dollar lawsuit against Volkswagen
Volkswagen has to prepare for an expensive process with the supplier Prevent. The value in dispute is estimated at about two billion euros in the industry. VW headquarters in Wolfsburg Monday, 23.04.2018 12:02 pm The dispute between Volkswagen and the supplier group Prevent escalates according to a media report. Prevent companies are already preparing for… Continue reading Prevent is preparing billion-dollar lawsuit against Volkswagen