Car in property vs. carpool: the ‘millennials’ speak

According to the latest survey conducted by the Spanish Driver Observatory (Ducit), created by the RACE, nine out of ten young drivers belonging to the so-called millennial generation already own their own vehicle or intend to buy it. This survey, which includes responses from 2,000 drivers between 18 and 36 years old, calls into question… Continue reading Car in property vs. carpool: the ‘millennials’ speak

Renesas to demonstrate automotive cybersecurity solutions with Fortinet

Renesas Electronics  will spotlight cybersecurity capabilities for the connected cars with Fortinet at Accelerate 18, February 26-March 1, 2018, at the Cosmopolitan of Las Vegas in Las Vegas. Recent cyber breaches demonstrate the urgent need for integrated security for increasingly sophisticated vehicle networks to protect systems from attacks to electronically hack controlled vital functions, or for example, recent attacks on… Continue reading Renesas to demonstrate automotive cybersecurity solutions with Fortinet

Toyota, group suppliers to form $2.8b self-driving R&D JV

March 2, 2018 Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). The Tokyo-based venture will be formed later this month and aim to employ about 1,000 workers, including… Continue reading Toyota, group suppliers to form $2.8b self-driving R&D JV

Geely plans to manufacture flying cars

A flying car named the TF-X lands at Lawrence Municipal Airport, Massachusetts. [Photo/China Daily] For Zhejiang Geely Holding Group, even the sky is no limit to its ambition, literally. The Chinese carmaker, which made headlines last week by becoming the largest shareholder in Mercedes-Benz owner Daimler, is to produce flying cars in China. A Geely… Continue reading Geely plans to manufacture flying cars

Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding

March 2, 2018 Beijing-based online car trading platform Chehaoduo has raised $818 million in a Tencent Holdings-led Series C funding round, less than five months after it reached the unicorn status in late October. According to a China Money Network report, the Series C round of financing was also joined by a number of new… Continue reading Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding

Huawei automates Porsche Panamera

On the occasion of the mobile radio fair in Barcelona, ​​Huawei automated a Porsche with simple means. The model Panamera of the sports car manufacturer Porsche Has Huawei taken because he has no self-propelled technology and presented it to some media representatives. Huawei modified Porsche to the mobile radio fair. Source: CNET The modification of… Continue reading Huawei automates Porsche Panamera

Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit

Shanghai, China – March 1 – NIO has obtained the permit required for testing autonomous vehicles on public roads in Shanghai. The permit was issued by the Shanghai Municipal Government, becoming the first company to receive such a permit in China. During the event, Huang Ou, Vice Chairman of Shanghai Municipal Commission of Economy and… Continue reading NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit

Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium

HBPO is specialized in the assembly, logistics, development, and design of front-end modules, consisting of bumpers, lighting systems, and cooling components. Assembly of front-end modules is not integral to MAHLE’s core business. MAHLE focuses on the development and production of cooling modules. The cooling modules installed in the front-end module are usually commissioned by the… Continue reading Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium

Toyota Motor North America Reports February 2018 Sales

PLANO, Texas, March 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported February 2018 sales of 182,195 vehicles, an increase of 4.5 percent from February 2017 on a volume basis. With the same amount of selling days in February 2018 compared to February 2017, sales were up 4.5 percent on a daily selling rate… Continue reading Toyota Motor North America Reports February 2018 Sales