Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower

Nexar gets $30M Series B for its AI-based road safety dashcams and network

Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network

The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Uber’s CEO said that self-driving cars will hit the road in less than 2 years

Uber CEO Dara Khosrowshahi. Getty The world’s most powerful and influential people are meeting in Davos, Switzerland, to discuss various important topics and issues. Bloomberg hosted a conference named “The Year Ahead” there, where Uber CEO Dara Khosrowshahi attended and spoke. He said that he fully expects autonomous cars to hit the road within 18 months,… Continue reading Uber’s CEO said that self-driving cars will hit the road in less than 2 years

Thales and Vector collaborate on connected car cybersecurity

Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity

Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight

All articles and backgrounds 01/24/2018 Carsharing services from BMW and Daimler Car2Go and DriveNow merger on the home straight PR Carsharing cars from Car2Go (left, Daimler) and Drive Now (right, BMW): Still in February probably official Will it finally be something with the merger of Car2Go and DriveNow? In front more than a year The… Continue reading Car sharing services from BMW and Daimler: Car2Go and DriveNow merger on the home straight

Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers… Continue reading Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily

Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Nissan and Shikoku Electric join forces to promote electric cars

Buyers of new Nissan LEAF in Japan’s Shikoku region to earn points toward electricity bill YOKOHAMA, Japan (Jan. 24, 2018) – Buyers of the new Nissan LEAF in a region of western Japan will earn points that they can use to help pay their utility bills, as part of a partnership to promote electric cars.… Continue reading Nissan and Shikoku Electric join forces to promote electric cars