DETROIT, Oct 26 (Reuters) – The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE). When the two automakers joined forces in July 2019 to share control of self-driving startup Argo AI, it shook up the landscape among other key players. Wednesday’s… Continue reading Untitled
Tag: Mobility
@Ford: Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology
Ford’s earnings drop in 3rd quarter as it pays to exit Argo autonomous driving company
Ford Motor Co., the 119-year-old automaker based in Dearborn, reported third-quarter earnings Wednesday that reflected hard hits caused by increasing supplier costs along with exiting its investment in the Argo AI autonomous driving technology company. Argo will “wind down” its operations as Ford plans to absorb engineers and developers while also utilizing Argo facilities, Ford… Continue reading Ford’s earnings drop in 3rd quarter as it pays to exit Argo autonomous driving company
@Ford: Ford Exits Sollers Ford Joint Venture In Russia Following Seven Month Suspension of Operations
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Exits Sollers Ford Joint Venture In Russia Following Seven Month Suspension of Operations
@Ford: Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2022 third quarter financial results. Click here or visit media.ford.com to view the news release. Visit shareholder.ford.com for the slide presentation and access the webcast to the Ford earnings call, which begins at 5:00 p.m. ET. The call will feature Jim Farley, president and CEO; John… Continue reading @Ford: Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology
@GM: GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target
GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target 2022-10-26 Based on current projections, GM has reached its goal of securing enough renewable energy to power all of its U.S. sites by 2025 As one of the earliest adopters of renewable energy among corporate purchasers, GM has already… Continue reading @GM: GM Secures All Energy Needed to Achieve Renewable Energy Goal 25 Years Ahead of Initial Target
Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech
As the third-quarter earnings drumbeat continues, we learned more about the state of global supply chains, global consumer appetite for big-ticket items and the future of self-driving technology. After the bell this afternoon, Ford beat Wall Street analyst revenue estimates of $36.25 billion, per Yahoo Finance, with automotive Q3 2022 top line of $37.2 billion,… Continue reading Ford takes $2.7B hit on Argo shutdown, shifts its bet to driver assist tech
Ford, VW-backed Argo AI is shutting down
Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. During an all-hands meeting Wednesday, Argo AI employees were told that some people… Continue reading Ford, VW-backed Argo AI is shutting down
Europa Wire: Your Daily Commutes Will be Seamless, Connected and Productive.000390
Your Daily Commutes Will be Seamless, Connected and Productive. Laureti & Icona’s Partnership Inches Closer Towards Connected Multimodal Mobility (PRESS RELEASE) LONDON, 26-Oct-2022 — /EuropaWire/ — The roaring 20s of this century are already seeing the mobility revolution through the rise of electric and autonomous technologies, continued innovations of Hyperloops, electric planes and maglev trains.… Continue reading Europa Wire: Your Daily Commutes Will be Seamless, Connected and Productive.000390
Europa Wire: CPSoSaware trials for Automotive and Manufacturing pillars000389
(PRESS RELEASE) RIO-PATRAS, Greece, 26-Oct-2022 — /EuropaWire/ — In the framework of EU funded Project CPSoSaware, pilot trials for Cyber-Physical Systems of Systems (CPSoS) demonstrations are going to take place during the 4th quarter of 2022. The trials will be realised in two pillars: Automotive, for semi-autonomous cars and Manufacturing, for Human-Robot Collaboration, putting into… Continue reading Europa Wire: CPSoSaware trials for Automotive and Manufacturing pillars000389