Ford has launched a wholly owned subsidiary — staffed by hundreds of former employees of Argo AI — that will initially focus on commercializing a hands-free, eyes-off driver-assistance system. The new 550-person company, called Latitude AI, will be dedicated to improving Ford’s existing advanced driver-assistance system known as BlueCruise and developing new automated driving technology… Continue reading Ford forms automated driving subsidiary from Argo AI’s remains
Tag: Strategy
V2X Announces Fourth Quarter and Full-Year 2022 Results
On July 5, 2022 (“Closing Date”), Vectrus, Inc. (“Vectrus”) completed its merger (“the Merger”) with Vertex Aerospace Services Holding Corp. (“Vertex”), thereby forming V2X, Inc. Fourth quarter “reported results” reflect the contributions of Vectrus and Vertex from October 1, 2022, through December 31, 2022. Full year 2022 “reported results” reflect the contributions of Vectrus from… Continue reading V2X Announces Fourth Quarter and Full-Year 2022 Results
What’s next for Disney and Ford? Here’s our view on the latest news on both Club stocks
Walt Disney (DIS) and Ford Motor (F) could both be at inflection points. Here’s the latest news on both Club holdings as of Thursday, and our take on where things stand. Disney could sell Hulu The news: In a research note this week, analysts at Citi argued there’s an increased likelihood Disney could sell its… Continue reading What’s next for Disney and Ford? Here’s our view on the latest news on both Club stocks
Ford launches new automated driving tech subsidiary
Ford Motor Co. on Thursday announced the formation of a unit that will develop automated driving technology for the automaker’s vehicles. Dubbed Latitude AI, the unit will be a wholly-owned Ford subsidiary that initially will focus on developing a hands-free, eyes-off system for next-generation Ford vehicles, according to a news release. The announcement comes months… Continue reading Ford launches new automated driving tech subsidiary
Carmaker in Jilin a leader in automation
Employees work at a workshop of China FAW Group’s Hongqi Fanrong plant in Changchun, Jilin province. [Photo by Han Junhong/chinadaily.com.cn] Since its official opening in June 2021, China FAW Group’s Hongqi Fanrong plant in Changchun, Jilin province, has been combining modern, intelligent and green manufacturing technology to create a series of high-quality products — such… Continue reading Carmaker in Jilin a leader in automation
AWP Safety, Backed by Kohlberg & Co., Announces Strategic Acquisition of Warning Lites Inc. of Colorado
NORTH CANTON, Ohio, March 2, 2023 /PRNewswire/ — AWP Safety, the owner of North America’s largest traffic control safety services provider, has announced its strategic acquisition of Warning Lites Inc. of Colorado, a full-service traffic control and equipment rental provider operating throughout the State of Colorado. Transaction terms were not disclosed. Together, AWP Safety and… Continue reading AWP Safety, Backed by Kohlberg & Co., Announces Strategic Acquisition of Warning Lites Inc. of Colorado
@VW Group: Turning old into new: MaterialLoop project tests circular economy potential of end-of-life vehicles006744
Audi is building knowledge to close the loop on materials such as steel, aluminum, plastic, and glass Markus Duesmann: “It is our goal to reuse as many materials as possible at high quality.” First project successes: recycled steel to be used in up to 15,000 inner door parts for the Audi A4 With its joint… Continue reading @VW Group: Turning old into new: MaterialLoop project tests circular economy potential of end-of-life vehicles006744
NELSON DE LA NUEZ to License His Iconic Luxury Lifestyle Brand, The King of Pop Art, Through His New Forward Strategies Management Team
The Artist’s New Licensing Brand Management Team Will Launch Licensing Partners to Create a Range of New, Carefully Curated Branded Products to Complement His Luxury Driven Contemporary Pop Art BOSTON, March 2, 2023 /PRNewswire/ — Nelson De La Nuez, world renown, contemporary Artist and designer will build further on his luxury Brand and Market momentum through… Continue reading NELSON DE LA NUEZ to License His Iconic Luxury Lifestyle Brand, The King of Pop Art, Through His New Forward Strategies Management Team
Sports Betting Global Market Report 2022: Growing Legalization Worldwide Presents Opportunities
DUBLIN, March 2, 2023 /PRNewswire/ — The “Sports Betting Market – Forecasts from 2022 to 2027” report has been added to ResearchAndMarkets.com’s offering. The sports betting market was evaluated at US$90.124 billion in the year 2020, growing at a CAGR of 10.92% reaching the market size of US$186.163 billion by the year 2027. Sports betting… Continue reading Sports Betting Global Market Report 2022: Growing Legalization Worldwide Presents Opportunities
JONATHAN SALAMA, CO-FOUNDER AND CHIEF TECHNOLOGY OFFICER OF TRANSFIX, APPOINTED CHIEF EXECUTIVE OFFICER
– Succeeds CEO & President Lily Shen who will continue to serve as a Transfix advisor during the transition – NEW YORK, March 2, 2023 /PRNewswire/ — Transfix, Inc. (“Transfix”), the Intelligent Freight Platform™, today announced that co-founder and Chief Technology Officer, Jonathan Salama, has been appointed Chief Executive Officer of the company and will… Continue reading JONATHAN SALAMA, CO-FOUNDER AND CHIEF TECHNOLOGY OFFICER OF TRANSFIX, APPOINTED CHIEF EXECUTIVE OFFICER