Prior to his appointment to the Porsche subsidiary’s Management Board in September 2017, Peters was responsible for the Controlling department of Porsche AG for eight years. He previously held various management positions both domestically and abroad within the Porsche Group. “With Holger Peters, we have been able to appoint an experienced financial expert and excellent… Continue reading Porsche Financial Services: Holger Peters becomes Chief Executive Officer
Tag: Mobility
Ford Delivers Second Quarter $1.1B Net Income, $1.7B Adj. EBIT; North America Building Momentum; Restructuring Opportunities Identified Globally
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Delivers Second Quarter $1.1B Net Income, $1.7B Adj. EBIT; North America Building Momentum; Restructuring Opportunities Identified Globally
Waymo partners with Walmart, Avis, AutoNation and others to expand access to self-driving cars
Waymo, Google’s former self-driving project that’s now an Alphabet company, announced today a new series of partnerships aimed at giving more people access to its autonomous vehicles. Through deals with Walmart, AutoNation, Avis and others, Waymo will pick up customers and drive them to businesses in the Phoenix area. The company already had existing relationships with… Continue reading Waymo partners with Walmart, Avis, AutoNation and others to expand access to self-driving cars
Daimler to build battery factories in Sindelfingen, Untertuerkheim
FRANKFURT (Reuters) – Daimler AG on Wednesday said it will add battery manufacturing capabilities to its Mercedes-Benz plants in Sindelfingen and Untertuerkheim, as the carmaker seeks to transition from combustion to electric cars. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke The battery deal… Continue reading Daimler to build battery factories in Sindelfingen, Untertuerkheim
Volkswagen Financial Services pilots rental scheme with dealers
Volkswagen Financial Services is now running a pilot car rental scheme with a handful of UK dealerships being used as collection and drop off points. Progress ŠKODA in Northampton, is one of the first UK retailers to offer Volkswagen Financial Services UK, Rent-a-Car service. Other dealers listed on the VFS rental website are Citygate Volkswagen,… Continue reading Volkswagen Financial Services pilots rental scheme with dealers
Bosch & Foreca – Weather Feeling for Autonomous Driving
In cooperation with Foreca’s weather expertise, Bosch has developed the “Popometer”. The word “Popometer” apparently comes from the racing car industry and means the feeling for the road conditions in relation to the weather. The racers would notice it from the back of the hip out and so put the term popo-meter through. And so… Continue reading Bosch & Foreca – Weather Feeling for Autonomous Driving
Daimler and Baidu to Enhance Strategic Cooperation in Automated Driving and Vehicle Connectivity
Daimler and Baidu signed a Memorandum of Understanding to expand partner-ship through the Apollo autonomous driving platform and to integrate Baidu’s vehicle connectivity services into Mercedes-Benz infotainment system MBUX. Dr. Dieter Zetsche: “Automated driving and connectivity are progressing at an unprecedented rate in China. Daimler and Baidu already enjoy a strong partnership in these two… Continue reading Daimler and Baidu to Enhance Strategic Cooperation in Automated Driving and Vehicle Connectivity
Lyft sued for patent infringement
A professor from Georgia sued Lyft for using an idea he had in 1999. A new lawsuit goes through the industry and this time it has the car broker Lyft met. The retired professor of engineering at the Georgia Institute of Technology, Stephen Dickerson, sued the company because of the billing method. Aptiv Lyft fleet.… Continue reading Lyft sued for patent infringement
After the Fatal Crash, Uber Revamps Its Robo-Car Testing
In the four months since an Uber self-driving car struck and killed a woman in Arizona, the ride-hail company’s autonomous vehicle tech has stayed off public roads. The governor of that state banned Uber from testing there; the company let its autonomous vehicle testing permit lapse in California; it pulled its vehicles off the streets… Continue reading After the Fatal Crash, Uber Revamps Its Robo-Car Testing
‘Waze of Parking’ app SpotAngels raises $2.3 million
SpotAngels, an app that uses crowdsourced data to help drivers find parking and avoid tickets, has raised $2.3 million from a group of investors that includes Google Maps co-founder Lars Rasmussen. Luc Vincent, the former head of Google Street View and vice president of engineering at Lyft, as well as Y Combinator, Streamlined Ventures and Via ID… Continue reading ‘Waze of Parking’ app SpotAngels raises $2.3 million