FILE PHOTO: French President Emmanuel Macron speaks during a joint video news conference with German Chancellor Angela Merkel at Elysee Palace in Paris, France May 18, 2020. Francois Mori/Pool via REUTERS PARIS (Reuters) – Autonomous vehicles and electric vehicles will form a key part of the automotive sector after the coronavirus crisis, French President Emmanuel… Continue reading Autonomous and electric cars to be key part of autos sector -Macron
Tag: Mobility
Press Releases – Trade unions and auto sector call for an ambitious recovery plan
Brussels, 26 May 2020 – For many decades, the European automotive sector has been one of the key pillars of the economic and social welfare of Europe. Indirectly, the sector provides employment to 13.8 million workers. The European assembly plants still produce 1 in every 4 cars worldwide. The sector is highly innovative and accounts… Continue reading Press Releases – Trade unions and auto sector call for an ambitious recovery plan
Uber cuts 600 jobs in India
Uber is cutting 600 jobs in India, or 25% of its workforce in the country, it said on Tuesday as it looks to cut costs to steer through the coronavirus pandemic. The job cuts, which affect teams across customer and driver support, business development, legal, policy, marketing, and finance, are part of the company’s global… Continue reading Uber cuts 600 jobs in India
Continental and Pioneer Agree on Strategic Partnership for a New User Experience
Pioneer provides the entire infotainment subdomain for cockpit solutions Continental integrates the infotainment system into a complete one-stop shop Shared focus on the Asian market in particular Cockpit high performance computer: Modular high-performance platform as a technical foundation for a new user experience in the cockpit of the future Babenhausen, May 26, 2020. The technology… Continue reading Continental and Pioneer Agree on Strategic Partnership for a New User Experience
Debt and coronavirus push Hertz into bankruptcy protection
Tom Krisher, AP Auto Writer Published 11:41 p.m. ET May 22, 2020 Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based company’s lenders were unwilling to grant it another extension on its auto… Continue reading Debt and coronavirus push Hertz into bankruptcy protection
Car rental firm Hertz files for bankruptcy protection in US
The 102-year-old car rental firm Hertz has filed for bankruptcy protection after its business all but vanished during the coronavirus pandemic. Hertz said in a US court filing on Friday that it had voluntarily filed for Chapter 11 reorganisation. Its international operating regions including Europe, Australia and New Zealand were not included in the US… Continue reading Car rental firm Hertz files for bankruptcy protection in US
Scale AI releases free lidar data set to power self-driving car development
High-quality data is the fuel that powers AI algorithms. Without a continual flow of labeled data, bottlenecks can occur and the algorithm will slowly get worse and add risk to the system. It’s why labeled data is so critical for companies like Zoox, Cruise and Waymo, which use it to train machine learning models to… Continue reading Scale AI releases free lidar data set to power self-driving car development
Sixt Adds 1K Vehicles to Carsharing Fleet
The company reported that demand from business and corporate customers is currently flat due to the general restrictions on travel and the almost complete closure of commercial airports. Photo via Sixt. In its first quarter earnings report released on May 13, Sixt outlined new service initiatives the company is implementing to adjust to the coronavirus… Continue reading Sixt Adds 1K Vehicles to Carsharing Fleet
China’s Geely to explore deeper cooperation with Daimler: chairman
A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song BEIJING (Reuters) – China’s Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG (DAIGn.DE), its Chairman Li Shufu said on Friday. Geely built a 9.69% stake in Stuttgart-based Daimler in… Continue reading China’s Geely to explore deeper cooperation with Daimler: chairman
KYB Corporation Partners With REE Automotive to Develop Next-Generation Modular EV Platform
REE’s partnership with KYB further expands REE’s global manufacturing capabilities. It also ignites a new level of suspension technology within the REEcorner™ architecture solution, which integrates all drivetrain vehicle components (steering, braking, suspension, e-motor) into the wheel. The REEcorner™ combines with the REEboard™ – a completely flat platform – allowing complete freedom of design, improved performance and safety, and modular applications for any vehicle type – from last… Continue reading KYB Corporation Partners With REE Automotive to Develop Next-Generation Modular EV Platform