DENSO Selects Foretellix Intelligent Automation Platform for Verification of ADAS and Automated Driving Systems

KARIYA, Japan and TEL AVIV, Israel, Nov. 17, 2020 /PRNewswire/ — DENSO Corporation, the world’s second largest mobility supplier, has selected Foretify™, Foretellix’s advanced coverage driven verification platform, to enhance safety and reduce both development costs and time-to-market for its new ADAS and automated driving solutions. The Foretify™ platform allows for a significant reduction in cost… Continue reading DENSO Selects Foretellix Intelligent Automation Platform for Verification of ADAS and Automated Driving Systems

Brose pushes ahead with transformationCoburg9 Nov 2020The Future Brose renewal program will help the automotive supplier remain competitive and return…

Coburg, 11-09-2020 The Future Brose renewal program will help the automotive supplier remain competitive and return to profitable growth. For this purpose, Brose will invest in innovative technologies, expand its international production network and improve cost structures. In early November the company reached an agreement with the works councils in Germany on optimizing the organization… Continue reading Brose pushes ahead with transformationCoburg9 Nov 2020The Future Brose renewal program will help the automotive supplier remain competitive and return…

Porsche Ventures Invests in Drivably’s Breakthrough Inventory Technology

Drivably uses deep analytics to bridge the gap that has long existed between car dealers and the private party marketplace, in which over 40 million vehicles exchange hands each year. The company enables its dealer partners to buy consumer vehicles at scale, while providing extensive market data to help them understand which cars are the… Continue reading Porsche Ventures Invests in Drivably’s Breakthrough Inventory Technology

StradVision Introduces Surround View Monitoring Solution Enabling Groundbreaking Advanced Driver Assistance Systems (ADAS) Features

SEOUL, South Korea, Nov. 17, 2020 /PRNewswire/ — StradVision, a leading innovator in AI-based camera perception software for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), is revealing its latest automotive Surround View Monitoring (SVM) technology at AutoSens 2020, an award-winning international conference for the automotive sensor industry. Through an AutoSens 2020 online session titled… Continue reading StradVision Introduces Surround View Monitoring Solution Enabling Groundbreaking Advanced Driver Assistance Systems (ADAS) Features

German Handelsblatt: Autogipfel: Data treasure traffic: VW and Daimler want to support the Chancellor’s plans000791

VW car tower in Wolfsburg The largest German car manufacturer wants to enter the mobility data space advertised by the Chancellor. (Photo: AFP) Berlin Angela Merkel (CDU) can rely on allies from Wolfsburg at the car summit on Tuesday evening: The largest German car manufacturer Volkswagen wants to enter the mobility data room advertised by… Continue reading German Handelsblatt: Autogipfel: Data treasure traffic: VW and Daimler want to support the Chancellor’s plans000791

Hyundai-backed Motional to launch fully driverless cars in Las Vegas

Motional, the self-driving car operator backed by Hyundai and Aptiv, has received the green light to roll out a test fleet of fully driverless cars in Las Vegas. The state of Nevada has granted the company permission to operate its autonomous vehicles without a human safety driver behind the wheel. Currently, only a small handful… Continue reading Hyundai-backed Motional to launch fully driverless cars in Las Vegas

Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

MORAI delivers testing solutions based on their simulation platform built for the verification and validation of autonomous vehicles. Providing engineers with a wide range of simulation environments that vary from complex city streets to warehouses and shipping yards, MORAI’s solutions help customers test even the most complex edge cases efficiently. Since their initial seed funding… Continue reading Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

Meritor Announces Redemption of $275,000,000 of the Outstanding $450,000,000 Aggregate Principal Amount of its 6-1/4% Notes due 2024

TROY, Mich., Nov. 17, 2020 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has issued a notice of redemption for $275,000,000 of the outstanding $450,000,000 aggregate principal amount of its 6-1/4% notes due 2024 (the “Notes”). The redemption date is Dec. 16, 2020 (“Redemption Date”), and the redemption price will be equal to 102.083%… Continue reading Meritor Announces Redemption of $275,000,000 of the Outstanding $450,000,000 Aggregate Principal Amount of its 6-1/4% Notes due 2024

@Daimler: “Meet the Maybach S-Class DIGITAL”: Digital World Premiere of the new Mercedes-Maybach S-Class

Stuttgart, Germany. Hot on the heels of the new Mercedes-Benz S-Class launch, the auto manufacturer is delighted to announce the Digital World Premiere of the new Mercedes-Maybach S-Class. This stunning new model combines the perfection and high-tech solutions of Mercedes Benz’ top luxury saloons with the exclusivity and century-long tradition of Maybach. The wheelbase, which… Continue reading @Daimler: “Meet the Maybach S-Class DIGITAL”: Digital World Premiere of the new Mercedes-Maybach S-Class

German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788

Engine production at Mercedes The DAX group Daimler and its Chinese shareholder Geely want to leverage synergies in production. (Photo: dpa) Munich, Frankfurt When Geely founder Li Shufu spectacularly secured almost ten percent of the shares in Daimler at the beginning of 2018, the reservations in Stuttgart were great. The new major shareholder from the… Continue reading German Handelsblatt: Daimler and Geely: “Horus” secret project: the Chinese will build Mercedes engines on a grand scale in future 000788