New management at Volkswagen Group Components

The new Volkswagen Group Components brand is using its cross-brand and international structure to fill some of its management positions. As of 1 March 2019, Heiner Lanze has taken over as Head of Procurement of the newly independent business unit. He succeeds Stephan Beyse, who, as part of a regular rotation, now holds the position… Continue reading New management at Volkswagen Group Components

U.S. auto sales seen falling in March: J.D. Power, LMC Automotive

FILE PHOTO: Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam (Reuters) – U.S. auto sales are expected to drop about 2.1 percent in March from a year earlier, partly due to bad weather, mixed economic data and lower tax refunds, according to industry consultants J.D. Power… Continue reading U.S. auto sales seen falling in March: J.D. Power, LMC Automotive

Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

This significant raise will support Innoviz’s commercialization of its leading InnovizPro and InnovizOne solid-state LiDAR solutions and address growing demand for cutting-edge autonomous vehicles (AV) technologies worldwide. View a live demonstration of Innoviz’s solid-state LiDAR solution in action here. The company is focusing expansion efforts in key automotive markets including the U.S., Europe, Japan and… Continue reading Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts