Tag: Strategy

Contract signed: BMW Group and Daimler AG launch long-term development cooperation for automated driving

Munich/Stuttgart. The BMW Group and Daimler AG are launching their cooperation on automated driving: representatives from the two companies today signed an agreement for a long-term strategic cooperation, which will focus on joint development of next-generation technologies for driver assistance systems, automated driving on highways and automated parking (all to SAE Level 4). In addition,… Continue reading Contract signed: BMW Group and Daimler AG launch long-term development cooperation for automated driving

Contract signed: Daimler AG and BMW Group launch long-term development cooperation for automated driving

Initial goal: to develop technologies for driver assistance systems, highly automated driving on highways, and automated parking (all up to SAE Level 4) Market launch in series vehicles scheduled for 2024 Partners will implement technologies independently in their respective series vehicles Cooperation involves over 1,200 development specialists in Sindelfingen and Unterschleissheim Stuttgart/ Munich. The Daimler… Continue reading Contract signed: Daimler AG and BMW Group launch long-term development cooperation for automated driving

Mercedes-Benz Customer Solutions GmbH: new name, new strategy

Stuttgart, Jul 4, 2019

Stuttgart – At Mercedes-Benz, the wishes and needs of customers are the focus of all activities. This attitude is all the more reflected in the new name and program of Mercedes-Benz Accessories GmbH: The wholly-owned subsidiary of Daimler AG is called Mercedes-Benz Customer Solutions GmbH.
In future Mercedes-Benz Customer Solutions will combine technology, mobility and lifestyle to create exciting experiences for its customers. One approach is the further development of the existing product portfolio and the other is the networking of hardware and software. These include such products, like the location and tracking systems or the Mercedes-Benz Link; here, in vehicle mechanical products are combined with digital components. Beyond these, additional products and functions that can be managed using an App (i.e., via Mercedes Me app) are planned.
“Our aim is clear: we develop solutions that our customers want –

Press: Fiat Chrysler Automobiles Nominates ZF as Supplier for New 8-Speed Automatic Transmission

ZF to deliver 8-speed-transmission for rear-wheel drive and all-wheel drive vehicles with front-longitudinal drive configuration Significant share of hybrid transmissions included Second largest single order for latest generation of ZF’s 8-speed automatic transmission Friedrichshafen / Amsterdam. Fiat Chrysler Automobiles N.V. (FCA) has nominated ZF Friedrichshafen AG as global transmission supplier for rear-wheel drive and all-wheel… Continue reading Press: Fiat Chrysler Automobiles Nominates ZF as Supplier for New 8-Speed Automatic Transmission

Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

Indonesian trucking services platform Ritase has closed a Series A funding round of $8.5 million led by Golden Gate Ventures to propel its growth and expand into new markets. Other investors that participated in the round are Jafco Asia and ZWC Ventures, as well as existing backers including Insignia Ventures, Beenext and Skystar Capital, Ritase… Continue reading Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate

Pendragon sells California JLR dealership for £28.2m

Pendragon has sold its Jaguar Land Rover dealership in Mission Viejo, California for £28.2m. The deal, which was flagged up in May, is in line with the group’s strategy of selling off its dealerships in the US. Pendragon said work is ongoing on the sale of other dealerships in the US as part of the… Continue reading Pendragon sells California JLR dealership for £28.2m

Collaborate Raises $1M in Funding

Collaborate proposes to leverage Turners’ industry experience and accelerate the growth of Carly in the car subscription market in Australia. Photo courtesy of Collaborate. Collaborate Corporation Limited has raised $1 million through a placement to a strategic investor, Turners Automotive Group Limited, the company announced. Turners is a New Zealand based integrated automotive financial service group,… Continue reading Collaborate Raises $1M in Funding

Press: ZF Technology Day: Highlights of IAA 2019

The technology group’s strategic direction aims at a better, more sustainable mobility offering. ZF is highlighting this with a product offensive for vehicle technology. “The things we’re developing are helping us provide a better, more sustainable mobility offering,” says Wolf-Henning Scheider, Chief Executive Officer of ZF Friedrichshafen AG. “The aim is claim, safe mobility, automated,… Continue reading Press: ZF Technology Day: Highlights of IAA 2019

Lee Iacocca, auto executive who saved Chrysler from bankruptcy, dies at 94

(Reuters) – Lee Iacocca, a charismatic U.S. auto industry executive and visionary, who gave America the Ford Mustang and Chrysler minivan, and was celebrated for saving Chrysler from going out of business, died at the age of 94, the Washington Post reported. FILE PHOTO: Former Chrysler Chairman Lee Iacocca gestures during an interview in Golden,… Continue reading Lee Iacocca, auto executive who saved Chrysler from bankruptcy, dies at 94