Driver Monitoring Systems Shipments Will Jump 487.5% Between 2022 and 2027, Increasing Safety and Creating a Lucrative Monetization Opportunity for Carmakers

LONDON, July 28, 2022 /PRNewswire/ — According to global technology intelligence firm ABI Research, shipments of vehicles featuring camera-based Driver Monitoring Systems (DMS) will jump from 8 million in 2022 to 47 million in 2027, more than 50% of global new vehicle sales. These systems offer reliable real-time driver distraction monitoring as means to prevent accidents.… Continue reading Driver Monitoring Systems Shipments Will Jump 487.5% Between 2022 and 2027, Increasing Safety and Creating a Lucrative Monetization Opportunity for Carmakers

Volkswagen’s global sales down 23% in H1 amid chip woes

Volkswagen Passenger Cars has reported strong financial numbers for the January to June 2022 period. Effective sale management, improved cost efficiency and consistent implementation of the ACCELERATE strategy have led to a strong financial result. Operating result before special items rose to 1.9 billion euros (H1 2021: 1.2 billion euros). The operating return on sales… Continue reading Volkswagen’s global sales down 23% in H1 amid chip woes

Tata Motors ties up with Axis Bank to finance EV dealers

Shailesh Chandra (L) and Sumit Bali(R) at the signing of the MoU. Tata Motors has teamed up with Axis Bank to provide an exclusive electric vehicle dealer financing solution to its authorized passenger EV dealers. As part of this scheme, dealers can obtain inventory financing above and beyond their ICE finance limit at attractive rates based on… Continue reading Tata Motors ties up with Axis Bank to finance EV dealers

@niche: Navya joins the United Nations Global Compact to strengthen its actions for a sustainable future002045

Villeurbanne, France, July 28th 2022 – 7:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announces that […] Villeurbanne, France, July 28th 2022 – 7:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announces that it has officially joined the United Nations Global Compact movement, the world’s largest corporate… Continue reading @niche: Navya joins the United Nations Global Compact to strengthen its actions for a sustainable future002045

Pony.ai forms autonomous truck JV with Sany Heavy Truck in China

Autonomous vehicle company Pony.ai is forming a strategic joint venture with Sany Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer Sany Heavy Industry, to create an autonomous truck brand. The plan is to combine Pony.ai’s “virtual driver” with Sany’s technical prowess in building heavy-duty trucks to build automotive-grade self-driving trucks with Level 4 autonomy,… Continue reading Pony.ai forms autonomous truck JV with Sany Heavy Truck in China

Need for Supply Chain Solutions Boosts Global Freight Visibility Demand

“Visibility platforms have transformed how logistics stakeholders manage their inbound and outbound shipments,” said Mugundhan Deenadayalan, Mobility Senior Industry Analyst at Frost & Sullivan. “Further, unique value propositions like freight cost management and trade management systems make enterprises rely on predictive and dynamic freight intelligence for optimized transportation performance and end-to-end supply chain orchestration.” Deenadayalan… Continue reading Need for Supply Chain Solutions Boosts Global Freight Visibility Demand

@Nissan: 2022/07/28 Nissan reports April-June progress for fiscal year 2022 Nissan Motor Co….000810

2022/07/28 [embedded content] ・ Operating profit of 64.9 billion yen and net income of 47.1 billion yen reported in the first quarter・ Significant increase in revenue per unit of key models as quality of sales continues to improve YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three months ended June… Continue reading @Nissan: 2022/07/28 Nissan reports April-June progress for fiscal year 2022 Nissan Motor Co….000810

Scania Interim Report January-June 2022

SÖDERTÄLJE, Sweden, July 28, 2022 /PRNewswire/ — With both war in Ukraine and an ongoing pandemic, the turbulent external environment is continuing. Rising inflation and increased interest rates are also adding to the uncertainty. Despite this, economic activity is still high. Summary of the first six months of 2022 Net sales were unchanged compared to the… Continue reading Scania Interim Report January-June 2022

@VW Group: Strong first half of 2022 for Volkswagen Passenger Cars005482

The Volkswagen brand further strengthened the Group’s economic efficiency in the first half of 2022. Effective sale management, improved cost efficiency and consistent implementation of the ACCELERATE strategy have led to a strong financial result. Operating result before special items rose to EUR 1.9 billion (first half of 2021: EUR 1.2 billion). The operating return… Continue reading @VW Group: Strong first half of 2022 for Volkswagen Passenger Cars005482

@VW Group: Volkswagen posts robust H1 results, enabling investment in mobility, battery platforms and software as future profit pools005481

Volkswagen Group posted robust operating results in the first half, enabling important investments in future profit pools and new platforms. The Group continued to make great strategic progress in Q2, registering crucial developments across its tech-platforms – mobility services, batteries and software. “Despite unprecedented global challenges, Volkswagen has demonstrated remarkable financial robustness. The operating margin… Continue reading @VW Group: Volkswagen posts robust H1 results, enabling investment in mobility, battery platforms and software as future profit pools005481