At the head of Faurecia just two years ago, Patrick Koller sees big for the automotive supplier. During a day investors, he unveiled Tuesday his medium-term ambitions: a turnover 30 billion euros in 2025, against 17 billion in 2017. A near-doubling, he hopes to achieve primarily through organic growth: he expects “only” 1.5 billion additional… Continue reading Faurecia wants to almost double in size by 2025
Tag: Mobility
Groupe PSA: Evolution within the Executive Committee
RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: The Executive Committee is evolving to further deploy the Push to Pass Strategic Plan, Opel / Vauxhall PACE! plan, and accelerate the development of the Group (Paris:UG). Yannick Bézard is appointed Executive Vice President of the Eurasia Region. Yannick Bézard joined Groupe PSA in 1985. After holding various positions in… Continue reading Groupe PSA: Evolution within the Executive Committee
Uber CEO Dara Khosrowshahi talks about flying taxis and why his kids won’t own cars
Uber CEO Dara Khosrowshahi, left, on “Office Hours,” the podcast hosted by Zillow CEO Spencer Rascoff. (Office Hours Photo) Riding in the back of an Uber is sometimes the best way to hear an opinion on just about anything, from music to politics to restaurants and more. Turns out the best way to get the… Continue reading Uber CEO Dara Khosrowshahi talks about flying taxis and why his kids won’t own cars
Lyft Introduces Ridesharing as a Transportation Solution and Economic Empowerment Opportunity to Camp Pendleton and Fort Meade
This blog post is not an endorsement by the DoD Creating innovative transportation solutions with the DoD May is Military Appreciation Month! We’re excited to make a couple of announcements and share the work we’ve been doing behind-the-scenes with military bases and veteran organizations across the country. Together, we’ve been able to introduce ridesharing as… Continue reading Lyft Introduces Ridesharing as a Transportation Solution and Economic Empowerment Opportunity to Camp Pendleton and Fort Meade
Elon Musk says Tesla will be ‘thoroughly reorganised’
Tesla’s chief executive Elon Musk has told staff the firm is undergoing a “thorough reorganisation” after two of its cars were involved in crashes last week. The tech billionaire’s email to employees also comes amid production problems and senior staff departures, with shares falling 2.1% to $297 on Monday. Mr Musk said the restructuring plans… Continue reading Elon Musk says Tesla will be ‘thoroughly reorganised’
Surfing the 77 Gigahertz Wave: Our Investment in Metawave
Radar was originally developed for military use in the mid-twentieth century. However, recent advancements in imaging radar technology have opened new applications for the automotive industry, where it’s critical for vehicles using for automated vehicles to “see” in difficult weather conditions — something for which radar is particularly well-suited. Along with cameras and LiDAR, imaging radar will… Continue reading Surfing the 77 Gigahertz Wave: Our Investment in Metawave
Uber CEO: our future won’t just be cars
To get to the Uber conference on flying cars in Los Angeles last week, where I was scheduled to interview Uber CEO Dara Khosrowshahi, I hailed a Lyft. My driver was understandably amused about where I was going. “Flying cars?” he said, laughing. “That makes more sense than the self-driving ones.” My driver was right:… Continue reading Uber CEO: our future won’t just be cars
Toyota Motor Corporation to invest in Albert for developing automated driving technologies
Signing of partnership between Albert and Toyota Toyota Motor Corporation and Japan-based big data analysis company, Albert have agreed on a business alliance for big data analysis, mainly in the field of advanced development of automated driving technology. Toyota will invest about 400 million yen (Rs 24 crores) and will acquire new shares in Albert… Continue reading Toyota Motor Corporation to invest in Albert for developing automated driving technologies
Shouqi Limousine & Chauffeur Establishes Strategic Partnership with e-driver to Build High-quality Mobility Ecosystem
BEIJING, May 15, 2018 /PRNewswire/ — The leading brand in China’s car hailing service industry, Shouqi Limousine & Chauffeur, announced on May 15, 2018 that it had signed a strategic cooperation agreement with e-driver, in order to offer access to their respective chauffeur and car hailing services via their platforms, thus improving relevant services and… Continue reading Shouqi Limousine & Chauffeur Establishes Strategic Partnership with e-driver to Build High-quality Mobility Ecosystem
Number of cars to half on European roads, says EU transport commissioner
The EU’s transport commissioner has outlined a future in which the number of cars on European roads are halved, autonomy is much more common and the car becomes part of a multi-modal transport network. “I know people will still want to own cars, and they will be part of the transport solution, but the car will become a… Continue reading Number of cars to half on European roads, says EU transport commissioner