Shutterstock In 2016, Walmart announced that it would be teaming up with Uber and Lyft for grocery deliveries. Though the trial with Lyft never broke out of its initial Denver test market, Walmart’s partnership with Uber expanded from Phoenix to Tampa, Dallas and Orlando. But that’s now coming to a close, Reuters reports, as Uber… Continue reading Uber will halt Walmart grocery deliveries next month
Tag: Mobility
The real mistake of the German car industry: That’s why former VW boss Winterkorn is the wrong target
All articles and backgrounds 08/05/2018 The real mistake of the German car industry Therefore, former VW boss Winterkorn is the wrong target An opinion piece by Markus Schön DPA In the sights of the media: Martin Winterkorn If one pursued various tabloid media these days, one could get the impression, the former chief executive of… Continue reading The real mistake of the German car industry: That’s why former VW boss Winterkorn is the wrong target
Autocar confidential: Honda Clarity FCV, Mercedes-Benz A-Class buyers, electric Citroens & more
This week’s snippets of automotive news include news on Isral being a technology hub, the Honda Clarity FCV, Mercedes-Benz A-Class buyers and Citroen electrification. Israel technolgy hub: The car industry views Israel as a technology hub in the making, according to Skoda’s head of corporate development and digitalisation, Andre Wehner. Moreover, the country is viewed as… Continue reading Autocar confidential: Honda Clarity FCV, Mercedes-Benz A-Class buyers, electric Citroens & more
20 years at the cutting edge: BMW ConnectedDrive.
Munich. The BMW Group has led the way in intelligent connectivity for 20 years, courtesy of BMW ConnectedDrive. Customers and their mobility requirements – in the vehicle and beyond – have been at the heart of everything the company has sought to achieve here. It was back in 1998 when the BMW Assist package was… Continue reading 20 years at the cutting edge: BMW ConnectedDrive.
Price pressure in the car business burdened Suppliers: Schaeffler cuts 950 jobs
All articles and backgrounds 08/05/2018 Price pressure in the car business burdened Suppliers Schaeffler cuts 950 jobs DPA Schaeffler Group headquarters in Herzogenaurach The automotive and industrial supplier Schaeffler wants to reduce 950 jobs worldwide. About 450 of them were in Germany, said the group on Monday in Herzogenaurach. The jobs should be eliminated in… Continue reading Price pressure in the car business burdened Suppliers: Schaeffler cuts 950 jobs
Solid Growth with Pioneering Technologies: Continental’s Order Intake at Record Level
Organic sales growth of 4.3 percent to €11.0 billion Automotive and Rubber Group growing organically considerably faster than the markets Adjusted operating result of €1.1 billion / adjusted EBIT margin of 9.7 percent Net income virtually stable at €738 million or €3.69 per share New record: Order intake in Automotive Group amounts to €11 billion Hanover, May 8, 2018.… Continue reading Solid Growth with Pioneering Technologies: Continental’s Order Intake at Record Level
Ford advancing talks for train depot amid speculation
Buy Photo Michigan Central Depot would anchor Ford’s next-generation mobility, electrification and autonomous vehicle development. (Photo: Daniel Mears / The Detroit News)Buy Photo Ford Motor Co.’s directors are expected this week to be told negotiations are continuing for the automaker to acquire the Michigan Central Depot, says a source close to the situation. No deal… Continue reading Ford advancing talks for train depot amid speculation
Baidu launches $500m fund to support internet, AI startups
April 29, 2018 Chinese internet group Baidu is setting up a $500-million growth-stage fund that will invest in internet and artificial intelligence (AI) technology startups, according to a report by Chinese news site The Paper. The fund, dubbed Changcheng Investment Partners, will be an independent and market-oriented fund with average cheque amount ranging from $20… Continue reading Baidu launches $500m fund to support internet, AI startups
UPDATE 3-Uber sets safety review; media report says software cited in fatal crash
(Reuters) – Uber Technologies Inc [UBER.UL] on Monday said it has retained a former top U.S. transportation official to advise it on safety after a fatal self-driving crash in March, but it declined to comment on a technology website’s report that a software flaw was responsible for the accident. The Uber logo is displayed on… Continue reading UPDATE 3-Uber sets safety review; media report says software cited in fatal crash
A New MIT Project Could Bring Driverless Cars to Rural Roads
Cows. Cornfields. Autonomous cars? The phrase “country living” might not inspire visions of high-tech transportation. But that could soon change, thanks to a new autonomous navigation system developed by researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL). Today, most autonomous vehicles (AVs) rely on highly-detailed 3D maps to navigate roads. Creating these maps requires… Continue reading A New MIT Project Could Bring Driverless Cars to Rural Roads