AI at HERE Technologies: our code of ethics

To guide the proper use of AI at HERE, we follow a code of ethics that aligns with the fundamental requirements for trustworthy AI – this is how we put these principles to work. Artificial intelligence is integral to our vision of the future. At HERE, we apply machine learning to automate map creation and… Continue reading AI at HERE Technologies: our code of ethics

@Daimler: Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

Stuttgart (Germany) – The Supervisory Board of Daimler AG at its meeting on April 23, 2021 extended the appointments of management board members Martin Daum and Harald Wilhelm. The appointments of Martin Daum (61), as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG, were extended until 2025.Martin… Continue reading @Daimler: Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

STUTTGART, Germany, April 23, 2021 /PRNewswire/ — The Supervisory Board of Daimler AG at its meeting on April 23, 2021 extended the appointments of management board members Martin Daum and Harald Wilhelm. The appointments of Martin Daum (61), as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG,… Continue reading Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

Continental announces preliminary key data for the first quarter of 2021

The financial results of Continental AG in the first quarter of fiscal 2021 are above current average analyst expectations. Based on preliminary data, key financial results of the first quarter of fiscal 2021 are as follows:   Consolidated sales of the Continental Group were €10.259 billion (Q1 2020: €9.913 billion) and the adjusted EBIT margin was 8.1%. Due to… Continue reading Continental announces preliminary key data for the first quarter of 2021

@Daimler: Daimler raises margin targets based on strong first quarter performance

Strong demand: the Group sold 728,600 vehicles (Q1 2020: 644,300) Favourable product mix and pricing: revenue of €41.0 billion (Q1 2020:€37.2 billion) Bottom line multiplied: Group net profit of € 4.4 billion (Q1 2020: €0.168 billion) Well on track: strategic transformation with planned Daimler Truck spin-off and accelerated expansion of electric-vehicle line-up Divisional outlook raised:… Continue reading @Daimler: Daimler raises margin targets based on strong first quarter performance

China Digest: Xiaomi plans to invest in Black Sesame; Hillhouse backs Yrobot

Chinese smartphone major Xiaomi is reportedly looking to invest in Black Sesame Technologies while Yrobot has closed its Series A round.  Xiaomi plans to invest in Black Sesame Chinese global electronics giant Xiaomi Corporation is considering joining the 1.5 billion yuan ($231 million) funding round for Shanghai-headquartered AI and autonomous driving chipmaker Black Sesame Technologies… Continue reading China Digest: Xiaomi plans to invest in Black Sesame; Hillhouse backs Yrobot

@Honda: Summary of Honda Global CEO Inaugural Press Conference

TOKYO, Japan, April 23, 2021 — Honda Motor Co., Ltd. President and Representative Director Toshihiro Mibe held an inaugural press conference at 3:00 pm today (Japan time). Following is a summary of his formal remarks: <Powered by Honda> Honda is a mobility company that offers a wide range of products which, in total, makes Honda… Continue reading @Honda: Summary of Honda Global CEO Inaugural Press Conference

07:00 ETDana Incorporated Publishes Sustainability and Social Responsibility Report Detailing Vision for a Better WorldDana today published A Better W…

MAUMEE, Ohio, April 22, 2021 /PRNewswire/ — Dana today published A Better Way — the company’s all-digital and interactive annual Sustainability and Social Responsibility Report.  The report, available on Dana.com, details the company’s commitment to empowering its people, innovating new products, and protecting the planet to deliver on Dana’s vision for a better world. “Sustainability and social… Continue reading 07:00 ETDana Incorporated Publishes Sustainability and Social Responsibility Report Detailing Vision for a Better WorldDana today published A Better W…

Achieving stability by embracing change: Bosch believes AIoT, electrification, and green hydrogen are the way forward

The business situation of the Bosch Group: confidence for 2021 Ladies and gentlemen, on this occasion a year ago, I spoke about the huge challenges facing us in the 2020 business year. Today, I can say without fear of contradiction that we handled these challenges well. And this success gives us confidence for the current… Continue reading Achieving stability by embracing change: Bosch believes AIoT, electrification, and green hydrogen are the way forward

@VW Group: Volkswagen survey shows American SUV owners and shoppers ready to embrace EVs002904

Apr 22, 2021 Survey of 1,000 SUV owners and 500 SUV shoppers found most haven’t driven an EV, but most are more interested than they were a year ago Six in ten shoppers in the market for an SUV say they will consider an EV Four in five say more EVs on the roads can… Continue reading @VW Group: Volkswagen survey shows American SUV owners and shoppers ready to embrace EVs002904