Munich. The BMW Group is well prepared to react swiftly and decisively at all times to new developments during the corona pandemic by systematically identifying potential scenarios. This approach is all the more important given that the BMW Group expects the consequences of the corona pandemic to constrain the operations of the entire automotive industry… Continue reading @BMW: BMW Group plans for various scenarios and can react swiftly to new developments
Tag: Mobility
Uber rival Bolt aims to launch scooters in 45 cities
TALLINN, May 6 (Reuters) – Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45 cities this summer. Bolt, which has grabbed business from Uber mostly in major African cities and Eastern Europe, has more than 30 million users in… Continue reading Uber rival Bolt aims to launch scooters in 45 cities
Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)
Uber’s CEO told employees during an all-hands meeting on Tuesday that it was close to finalizing layoffs, saying that plans would be announced within two weeks. Some employees think layoffs could hit next week, with one source telling Business Insider that the company could trim 4,000, including attrition. The company has already slashed jobs at… Continue reading Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)
@Toyota: Powering In-Vehicle Alerts and Enhancing Driver Safety: Our Portfolio Company Nauto Is Hiring
Image courtesy of Nauto Led by founder and CEO Stefan Heck, our portfolio company Nauto is leveraging artificial intelligence to help make roads safer. Nauto’s AI-powered Driver Behavior Learning Platform for commercial fleets uses sensors and machine learning to identify high-risk situations, like distracted driving, and alert drivers to potential collisions before they happen. By collecting… Continue reading @Toyota: Powering In-Vehicle Alerts and Enhancing Driver Safety: Our Portfolio Company Nauto Is Hiring
@BMW: Ad-hoc release: BMW AG updates guidance for financial year 2020
Munich. The Board of Management of BMW AG has decided today to update its guidance for the financial year 2020. The decisive factor for the adjustment is that the measures to contain the corona virus pandemic are lasting longer in several markets and are thus leading to a broader negative impact than was foreseeable in… Continue reading @BMW: Ad-hoc release: BMW AG updates guidance for financial year 2020
@Ford: Let’s Get Technical: Ford Offers Self-Driving Dataset to Spark Research and Development
By Tony Lockwood, Autonomous Vehicle Manager, Virtual Driver Systems, Ford Motor Company A data visualization showing two Ford self-driving research vehicles driving through Dearborn, MI. Every second a self-driving vehicle is operating, it’s gathering information about the world around it. Cameras and LiDAR help it identify vehicles, pedestrians, signs and anything else that might be out… Continue reading @Ford: Let’s Get Technical: Ford Offers Self-Driving Dataset to Spark Research and Development
Car rental firm Hertz gets more time from lenders to avoid bankruptcy
May 5 (Reuters) – Struggling car rental company Hertz Global Holdings Inc said on Tuesday its lenders have extended the deadline for certain loan repayments, giving it more time to come up with a financing plan to avoid a possible bankruptcy. The deadline has now been extended until May 22, the company said in a… Continue reading Car rental firm Hertz gets more time from lenders to avoid bankruptcy
Uber partners with CloudTrucks to help drivers get trucking jobs
Uber has partnered with trucking startup CloudTrucks to make it easier for its ride-hail drivers to get jobs as truckers during the pandemic. Described as a “business in a box,” CloudTrucks is designed to make it easier for truck owners and operators to run their businesses. Through software and data science, CloudTrucks aims to reduce… Continue reading Uber partners with CloudTrucks to help drivers get trucking jobs
As Uber (reportedly) squeezes Lime, scooter startups run low on juice
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. In December of 2019, this column wrote an entry detailing Uber’s micro-mobility efforts. Just six months ago — a mere two quarters — Uber’s Jump team was on the record saying that its parent company… Continue reading As Uber (reportedly) squeezes Lime, scooter startups run low on juice
Lyft offers new cheaper rides with more waiting time
FILE PHOTO: The Lyft logo is seen on a parked Lyft Scooter in Washington, U.S., March 29, 2019. REUTERS/Brendan McDermid (Reuters) – Lyft Inc (LYFT.O) said on Tuesday it would expand its program that provides cheaper rides to customers willing to wait longer for their pick-ups, at a time when curbs against the coronavirus outbreak… Continue reading Lyft offers new cheaper rides with more waiting time