Tag: Mobility

Magna Announces Fourth Quarter and 2019 Results and Raises Quarterly Cash Dividend per Share by 10%

Fourth Quarter 2019 HighlightsCash from operations increased to $1.70 billion, despite lower sales and earningsReturned $365 million to shareholders through share repurchases and dividendsRaised quarterly cash dividend by 10% to $0.40 per shareFull Year 2019 HighlightsRecord cash from operations of $3.96 billion, despite lower sales and earningsReturned approximately $1.7 billion to shareholders through share repurchases and… Continue reading Magna Announces Fourth Quarter and 2019 Results and Raises Quarterly Cash Dividend per Share by 10%

@BMW: New record for BMW Group idea management – Employee proposals generate over 62 million € in savings

Munich. Improvements proposed by BMW Group employees reached a new all-time high last year as part of the CRE8 idea management programme. “Over 62 million € in annual savings from employees’ suggested improvements is the highest amount the BMW Group’s idea management programme has ever achieved. More than 8,000 ideas for improvement have been submitted… Continue reading @BMW: New record for BMW Group idea management – Employee proposals generate over 62 million € in savings

McAfee study raises the red flag on increasing threat of AI security

The connected electric vehicle is no doubt the megatrend in the automotive world. As AI (Artificial Intelligence) models and features continue to populate the new car launches, one basic question keeps popping up, exactly how secure are these? McAfee, an American global computer security software company that claims to be the world’s largest dedicated technology… Continue reading McAfee study raises the red flag on increasing threat of AI security

KARMA AUTOMOTIVE MAKES EUROPEAN DEBUT AT 2020 GENEVA INTERNATIONAL MOTOR SHOW

VIEW ALL () x Feb 20,2020 Karma’s Presence at GIMS 2020 Helps Launch Brand and its Products in Europe to Support Company’s Global Expansion Plans Southern California-based Luxury Electric Automaker Showcases its Growing Revero Family of Vehicles Karma’s Luxury Electric Revero Now Available through Karma EU Retailers Brand’s Future Driven by Two Core Technologies: Full-Electric… Continue reading KARMA AUTOMOTIVE MAKES EUROPEAN DEBUT AT 2020 GENEVA INTERNATIONAL MOTOR SHOW

Berlin-based scooter firm Tier extends funding round to $100 million

FILE PHOTO: Tier e-scooters are ready to use at the entrance to a pedestrian area in Frankfurt, Germany, August 8, 2019. REUTERS/Kai Pfaffenbach/File Photo BERLIN (Reuters) – Berlin-based kick scooter company Tier Mobility said on Friday it had extended an investment round to more than $100 million as it seeks to expand across Europe. Launched… Continue reading Berlin-based scooter firm Tier extends funding round to $100 million

Hyundai and Kia develop ICT Connected Shift System

Information and communication technology (ICT) automatically shifts to optimal gear based on road and traffic conditions ahead Improves driving comfort and fuel efficiency by minimizing unnecessary shifts through predictive gear-shifting control system Future developments to include consideration of driver’s preferences and traffic signal status Hyundai Motor Company and Kia Motors Corporation announced that they have… Continue reading Hyundai and Kia develop ICT Connected Shift System

@GM: General Motors Makes EV Charging on the Go Easier Than Ever

General Motors Makes EV Charging on the Go Easier Than Ever myChevrolet mobile app enhancements provide seamless and convenient access to nationwide network of public charging stations and real-time station data to simplify EV ownership 2020-02-20 DETROIT — Finding an available public charging station and initiating a charging session has never been easier for Chevrolet Bolt… Continue reading @GM: General Motors Makes EV Charging on the Go Easier Than Ever

@VW Group: Volkswagen shows pioneering rural mobility study as contribution to major exhibition in New York

Volkswagen is delighted to show an e-mobility project developed by Volkswagen Group Innovation and Volkswagen Group South Africa. A study of an electric tractor developed in and for Africa to facilitate small-scale agriculture and to increase the productivity of subsistence farmers while also improving power supply and mobility in sub-Saharan Africa. This study is shown… Continue reading @VW Group: Volkswagen shows pioneering rural mobility study as contribution to major exhibition in New York

@VW Group: ŠKODA AUTO soon to enter Sri Lankan market

ŠKODA AUTO CEO Bernhard Maier emphasises: “Further internationalising our brand and conquering new markets are central areas of action laid out in the ŠKODA Strategy 2025. By re-entering the Sri Lankan market, we are taking the next step in raising ŠKODA’s position worldwide.” After 17 years, ŠKODA AUTO is returning to Sri Lanka: In May… Continue reading @VW Group: ŠKODA AUTO soon to enter Sri Lankan market