Lunewave is pitching a new sensor offering better vision for autonomous vehicles

The investment arms of BMW and the Chinese search technology giant, Baidu, along with a large original equipment manufacturer for the auto industry and a slew of technology investors have all come together to back Lunewave, a startup developing new sensor technologies for autonomous vehicles. The $5 million seed round which the company just closed… Continue reading Lunewave is pitching a new sensor offering better vision for autonomous vehicles

Ford Mobility CFO Neil Schloss to Retire

DEARBORN, Mich., Sept. 20, 2018 – Ford Motor Company today announces Neil Schloss, vice president and chief financial officer of Ford Mobility, will retire Dec. 31 after a 36-year career with the automaker. In addition to being the founding CFO for Ford’s mobility efforts, Schloss served as the company’s treasurer during the Great Recession, playing… Continue reading Ford Mobility CFO Neil Schloss to Retire

Aston Martin ‘003’ Hypercar Confirmed

Aston Martin '003' Hypercar Confirmed

Published: Sep 20, 2018

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Neil Allison

Aston Martin's next step into the mid-engined hypercar market has been confirmed with the release of the first official details of Project ‘003’.

20 September 2018, Gaydon: Aston Martin's next step into the mid-engined hypercar market has been confirmed with the release of the first official details of Project ‘003’.
Project ‘003’ is the third hypercar to be developed by Aston Martin following the Aston Martin Valkyrie and Valkyrie AMR Pro (formerly ‘001’ and ‘002’), 003 has its DNA deeply rooted in concepts and technology currently being developed for those revolutionary road and track-only machines.
Project ‘003’ will be built around a lightweight structure and powered by a turbocharged petrol-electric hybrid engine. Combined with active aerodynamics for outstanding levels of downforce in a road-legal car, active suspension systems providing next-level precision, control and driver connection like the Aston Martin Valkyrie and Valkyrie AMR Pro, Project ‘003’ will possess class leading dynamics on both road and track.
While this exceptional breadth of performance is of paramount importance, Project ‘003’ is also being designed and engineered to offer more practical concessions to road use, including space for luggage. Fully homologated and available in all markets in both left and right-hand drive, production will be limited to 500 coupe examples globally, with the first cars arriving to market in late 2021.
Aston Martin Lagonda President and Group Chief Executive, Andy Palmer, said: “It was always the intention for the Aston Martin Valkyrie to be a once-in-a lifetime project, however, it was also vital to us that Valkyrie would create a legacy: a direct descendent that would also set new standards within its own area of the hypercar market, creating a bloodline of highly specialised, limited production machines that can exist in parallel with Aston Martin’s series production models. I’m thrilled to announce that this car is the Project ‘003’, and our next step into a dynamic and exacting arena.”

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Lime hits 11.5 million bike and scooter rides

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Andy Palmer plans charitable foundation to fund apprenticeships

Andy Palmer plans charitable foundation to fund apprenticeships

Published: Sep 20, 2018

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by
Neil Allison

Dr Andy Palmer, President and Group Chief Executive of Aston Martin Lagonda, today announced plans to create the Palmer Foundation, a privately-funded programme to create industrial apprenticeship opportunities for young people in the UK.

20 September 2018, Gaydon, UK: Dr Andy Palmer, President and Group Chief Executive of Aston Martin Lagonda, today announced plans to create the Palmer Foundation, a privately-funded programme to create industrial apprenticeship opportunities for young people in the UK.
Andy Palmer, who began his own automotive career as an apprentice, has undertaken to fund the scheme, which will also be supported by existing shareholders, members of the senior management team at Aston Martin Lagonda and Hitomi Palmer, wife of the CEO.
Andy Palmer said: “Young people can struggle to get on the first rung of the career ladder, so we are creating the Palmer Foundation to help get them “on the ladder” and into high quality apprenticeships.
“A person’s background should never preclude them from achieving their potential, and in this case becoming what could turn out to be some of the best engineers of their generation. This is just the beginning for the Palmer Foundation. In time the engineering scholarship will be joined by other areas such as marketing, design and legal careers.”
Working with partners including the Rio Ferdinand Foundation, the Palmer Foundation will provide a pathway for youth development by inspiring young people and providing the tools they need to tap into their natural talents and reach their potential.
The charitable foundation will operate independently of the apprenticeship scheme at Aston Martin Lagonda, which earlier this month welcomed its biggest ever intake of 50 apprentices and 26 graduates.
“Apprenticeships provide a kick-start to a young person’s chosen career,” said Andy Palmer. “They offer relevant experience, specialist guidance and support as the apprentices study for recognised qualifications, whilst building useful industry contacts. Vitally they can also earn while they learn.”
Andy Palmer began his career as a technical apprentice at UK Automotive Products. Taking his first managerial role two years after completing his four-year apprenticeship. He was only 22 years-old but already had six years of experience under his belt. He continued to study as his career progressed and his qualifications now include a Diploma in Industrial Management, a Master’s Degree in Product Engineering, Chartered Engineer status, and a PHD in Engineering Management. He is a Fellow of The Institute of Mechanical Engineers and a Fellow of The Royal Academy of Engineering.
Details of the scheme and its launch schedule are to be announced later in the year.

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Lyft Concierge Now Offers More Ease and Control for Your Organizations’ Passengers

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Nissan: Renault-Nissan-Mitsubishi and Google join forces on next-generation infotainment

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