Global car sales decline for the first time since the financial crisis. The profit margin of the 16 leading auto companies has fallen to its lowest level since the financial crisis. Toyota and Suzuki work more profitably than the German carmaker: But that the profit margin of VW, Daimler and BMW is shrinking, is mainly… Continue reading Profitability of auto companies: Toyota ahead of BMW, Daimler and VW – but German carmakers invest more in the future
Tag: Strategy
Europcar Mobility Group Makes Leadership Changes
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UPDATE 1-Tesla China sales plunge 70 pct in October – auto industry body
FILE PHOTO: A man finishes charging his Tesla car at a charging point outside Tesla China headquarters in Beijing, China July 11, 2018. REUTERS/Jason Lee/File Photo BEIJING/SHANGHAI (Reuters) – Tesla Inc’s (TSLA.O) vehicle sales in China sank 70 percent last month from a year ago, the country’s passenger car association told Reuters on Tuesday, underscoring… Continue reading UPDATE 1-Tesla China sales plunge 70 pct in October – auto industry body
AEye Advisory Board Profile: Elliot Garbus
We sat down with each of our Advisory Board Members to ask them why they’re excited about working with AEye…
Elliot Garbus is a strategy & management consultant working with startups, established companies, and Venture Capital firms. Elliot retired from Intel in May of 2017, where he was the Vice President and General Manager of the Transportation Solutions Division, responsible for delivering Intel’s vision for connected cars, autonomous driving, and intelligent transportation systems. Having worked directly with technology companies, automotive manufactures, and automotive suppliers, Mr. Garbus has a unique perspective on the coming disruptive transformation that will occur as self-driving vehicles become reality.
Q: What in your past experience ultimately drew you to the autonomous vehicle arena?
I was formerly the Vice President and General Manager of the Transportation Solutions Division at Intel. In that role, I had a front row seat as autonomous driving went from research to a race to commercialism.
The opportunity for autonomous vehicles excites me. The main reason is the positive social impact. Today there are about 1.3 million people that die every year from traffic accidents globally and an additional 50 million that are injured. Over 94% of collisions are caused by human error. I believe we have an opportunity to largely eliminate these fatalities and injuries, making the world a much better and much safer place.
Q: Why AEye?
AEye has a fantastic set of technologies that they’ve combined in a new way to deliver breakthroughs in perception. I’m also very impressed with the unique history of the leadership team. They have a tremendous amount of experience with LiDAR from their work in aerospace. It is unusual to find a start up in the United States with this kind of experience, and a team that has worked with LiDAR for decades.
Q: Where do you see ADAS solutions, autonomous vehicles, and/or artificial perception, heading within the next few years? The next decade? Beyond? How do you see AEye playing a pivotal role in this vision?
In biological evolution, when sight emerged, it led to a stunning acceleration of biological diversity. It’s my expectation that the integration of visual perception and computing, in the way that AEye is pioneering, will lead to a similar explosion of innovation across many industries. Ultimately, autonomous driving is going to change the way our cities are put together. It will change the way products are delivered. It will address congestion, air pollution, and will have a dramatic impact to the insurance and healthcare industries — all while making the future a better and brighter place.
ALL PROFILES
Advisory Board Profile: Elliot Garbus — The Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Introduces Groundbreaking iDAR TechnologyThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessCB Insights Unveils Second Annual AI 100 Companies at A-ha!Observe, Orient, Decide, Act: How AEye’s iDAR System Adopts Principles of the OODA Loop to Achieve Intelligent, Long-Range DetectionAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesAEye Announces Addition of Aravind Ratnam as Vice President of Product ManagementAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™Nate Ramanathan Joins AEye as Vice President of OperationsElon Musk Is Right: LiDAR Is a Crutch (Sort of.)
SEAT named leader in digital transformation by Financial Times study
SEAT named leader in digital transformation by Financial Times study
The report by the Financial Times singles out 100 leading European companies in the field of digitalisation
The selected companies stand out for their ability to adapt to new technologies in an innovative way
SEAT, recognised for tackling digital challenges in manufacturing
MARTORELL, 23-Nov-2018 — /EuropaWire/ — SEAT has been acknowledged as a leader in digital transformation by a study carried out by the prestigious British daily the Financial Times. This publication, together with Google, Nesta and The Innovation Foundation, selected 100 organisations, people and companies from 4,000 entries, that are spearheading digital transformation in Europe, a key factor in economic growth, job creation and entering new markets. In recognising SEAT, the Financial Times cited the Company’s open innovation programme at its flagship plant in Martorell, to help tackle digital challenges in manufacturing.
SEAT President Luca de Meo stated that “digitalisation is a strategic priority. SEAT is one of the companies that invests the most in R&D in Spain, and has concentrated its efforts on developing new technologies in order to boost productivity and diversify its business. We are working on becoming a benchmark in future mobility. Having been selected by the Financial Times as one of the 100 leading European companies in digital transformation is a significant recognition of the efforts made by the company and the entire team.”
Industry 4.0, key to SEAT’s digitalisation
SEAT is promoting an ambitious transformation process whereby all of its production activities are being adapted to the digital environment with the most disruptive technologies on the market. The Spanish carmaker is developing and applying digital tools and solutions aimed at vehicle production that enable the company to gain in efficiency, flexibility and agility. For example, by implementing artificial intelligence, the use of collaborative robots as well as virtual reality and big data in the Martorell factory to revolutionise vehicle design and production.
Furthermore, SEAT has a biomechanical laboratory which stands out for its contribution to developing more ergonomic workstations. This one-of-a-kind facility in Spain features more than 20 cameras that process workers’ musculoskeletal characteristics in 3D with the aim of preventing pathologies resulting from the production process as well as improving rehabilitation in the event of injuries. In addition, SEAT has implemented training programmes using an innovative method that explains industrial transformation in a way that is easy, interactive and digital. Since the programme began, more than 2.500 employees have attended the courses.
Designing future mobility
In the framework of the Easy Mobility strategy, SEAT’s goal is to build a portfolio of products and services to offer customers new urban mobility solutions. In this sense, SEAT created Metropolis:Lab Barcelona in 2017, a centre of excellence dedicated to researching and developing new urban mobility solutions which is integrated in the Volkswagen Group’s IT Lab network. This year the company launched XMOBA to test and commercialise mobility services. In addition, SEAT acquired Respiro, a pioneering hourly car sharing service in Spain.
Last week at the Smart City Expo World Congress, SEAT presented its latest developments that will contribute to boosting its global transition towards smarter, more sustainable mobility. The initiatives developed by the SEAT Metropolis:Lab include ride-sharing and Bus on Demand, which XMOBA is going to roll out as a pilot test in 2019. Other novelties included the evolution of the SEAT Cristobal concept car, now with 5G technology; the new socially responsible navigation project together with Waze and the Barcelona City Council; and the brand’s first vehicle in its urban micromobility strategy, the SEAT eXS powered by Segway.
SEAT Communications
Cristina Vall-Losada
Head of Corporate Communications
T / +34 93 708 53 78
M/ +34 646 295 296
cristina.vall-llosada@seat.es
Aurora Vidal
International Corporate Communications
T / +34 93 708 40 05
M/ +34 608 483 266
aurora.vidal@seat.es
SOURCE: SEAT, S.A.
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