MAUMEE, Ohio, March 9, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has signed definitive agreements to combine with the Driveline division of GKN plc (LON: GKN) to create Dana plc, a global leader in driveline systems. The total consideration is composed of $1.6 billion in cash proceeds to GKN plc, the assumption… Continue reading Dana Announces Agreement to Combine with GKN’s Driveline Division
Tag: Mobility
Grab Unveils Southeast Asia’s First Bike-Sharing Marketplace App
Singapore, 9 March 2018 – Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today unveiled GrabCycle Beta, a marketplace app that will bring mobility partners oBike, GBikes, Anywheel and Popscoot into a single app. With GrabCycle, it’s easy for anyone to find a bike or an e-scooter whenever they need one.… Continue reading Grab Unveils Southeast Asia’s First Bike-Sharing Marketplace App
DENSO to Increase Its shareholding in Renesas Electronics Corporation
KARIYA (Japan) ― DENSO Corporation today announced that it has decided to increase its shareholding in Renesas Electronics Corporation to accelerate the development of various in-vehicle systems including automated driving systems that are becoming more advanced, complicated, and larger in scale than ever before. Renesas has cutting-edge technologies for semiconductors that serve as the key devices… Continue reading DENSO to Increase Its shareholding in Renesas Electronics Corporation
News Release – Magna Launches New Composites Center of Excellence in Germany
Please click HERE for a PDF version of the release. Brings advanced composites and carbon fiber expertise to European market Develops lightweight structural and exterior components Enables joint development projects with European automakers SAILAUF, Germany, March 07, 2018 — Magna’s new Composites Center of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly… Continue reading News Release – Magna Launches New Composites Center of Excellence in Germany
Ensuring safety in autonomous cars
KITT, the Batmobile, that awesome Audi in I, Robot. People have been imagining self-driving cars for generations. One day, people will be able to effortlessly cruise around and fight crime, or maybe just take a nap – we’re not all action heroes – but what would it really take to have a level 5 autonomous… Continue reading Ensuring safety in autonomous cars
Citroën shows its priorities internationally
Linda Jackson, director of Citroën, took advantage of Geneva to present the brand’s battle plan to the rafters internationally. In the spotlight: Latin America, Eurasia and the Middle East in particular. Silence on the other hand on its first market outside Europe, China and Southeast Asia, battered in 2017. In 2017, Citroën achieved 26% of… Continue reading Citroën shows its priorities internationally
Rimac Introduces AI Hypercar Powered by NVIDIA DRIVE
With the introduction of the C_Two, Rimac Automobili all-electric hypercar plans to incorporate AI functionality throughout, using our NVIDIA DRIVE AI car computer. Unveiled yesterday at the Geneva Motor Show, the C_Two will offer unprecedented performance together with bespoke technology. From Level 4 autonomy to AI-enabled driver assistance and recognition features, the C_Two introduces a number of… Continue reading Rimac Introduces AI Hypercar Powered by NVIDIA DRIVE
Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year
Posted 08/03/2018 14: 00: 14CET MADRID, 8 Mar. (EUROPA PRESS) – The car company Peugeot motorcycles, belonging to the PSA Group, will launch this year a service of ‘motorcycle sharing’ in the main Spanish cities, between which Madrid and Barcelona could be found, according to the firm announced this Thursday in the presentation of the… Continue reading Grupo PSA will launch a ‘motorcycle sharing’ service in the main Spanish cities this year
BMW Group reports eighth successive record year despite high upfront expenditure
Munich. The BMW Group once again demonstrated its ability to generate sustained profitability in 2017, posting its eighth successive record year. Despite a significant increase in upfront expenditure for future mobility the company reported its best ever figures to date for sales volume, revenues and earnings. In addition, the BMW Group delivered more than 100,000… Continue reading BMW Group reports eighth successive record year despite high upfront expenditure
C_Two: The second electric supercar from Rimac
Electric supercar Rimac Concept Two: no car for the Sunday excursion (Image: Dirk Kunde) Geneva Motor Show The Croatian sports car manufacturer Rimac presents its electric Concept Two in Geneva. The two-seated electric car It reaches 412 km / h and up to 650 km range. From Dirk customer It’s just a small detail, but… Continue reading C_Two: The second electric supercar from Rimac