Visteon Announces New $500 Million Share Repurchase Authorization

VAN BUREN TOWNSHIP, Mich., Jan. 16, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized an additional share repurchase program of up to $500 million of common stock to be executed through 2020, reflecting the company’s strong balance sheet and free cash flow generation. Visteon expects to fund… Continue reading Visteon Announces New $500 Million Share Repurchase Authorization

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

BlackBerry launches cybersecurity product for driverless cars called Jarvis

BlackBerry has launched a cybersecurity software aimed at protecting driverless cars. The product which was released on Monday and is called Jarvis identifies vulnerabilities in software used in cars. Jarvis scans and delivers insights in minutes, a process that would normally take a large number of experts and a lot of time, BlackBerry said. “Connected… Continue reading BlackBerry launches cybersecurity product for driverless cars called Jarvis

BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions

Munich. The BMW Group has acquired Parkmobile, LLC, the largest provider of mobile parking services in North America, in January 2018, making the BMW Group the leading international provider of digital parking solutions. With its corporate strategy NUMBER ONE > NEXT, the BMW Group is firmly focused on the mobility of the future and investing… Continue reading BMW Group acquires Parkmobile, LLC to become world’s leading provider of digital parking solutions

Now on the 2025AD Discussion Platform: Research Database for Automated Driving

As of January 2018, 2025AD.com offers a database of recent studies relating to artificial intelligence, urban mobility, road safety, legal matters and ethics Varied perspectives; facts that stand up to scrutiny: For two years now, the 2025AD social web platform has offered a venue for lively discourse on the future of automated driving Business, politics,… Continue reading Now on the 2025AD Discussion Platform: Research Database for Automated Driving

SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018

SEAT is attending the Mobile World Congress 2018 with a spectacular portfolio full of developments in connectivity. Participating this year for the fourth time in a row, the brand is going to showcase its latest solutions and advances in Easy Mobility, which is its strategy for developing future mobility. The fully customisable SEAT Simulator, the… Continue reading SEAT to showcase the present and future of the automobile at the Mobile World Congress 2018

CES 2018

LIVE@CES 2018 [embedded content] Personalizing the Way Things Are Made, Shipped and Sold [embedded content] Next Gen 2170 Lithium Ion Battery [embedded content] Powering the Green Revolution [embedded content] Internet of Me at 30,000 feet – Avionics [embedded content] From Electric Vehicles to Micro Mobility [embedded content] One Touch Home Automation, One Touch ID Authentication… Continue reading CES 2018

Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

January 16, 2018 Autonomous driving technology firm Pony.ai, a startup co-located in Silicon Valley and in China’s Guangzhou, announced that it has raised $112 million in series A funding round co-led by Morningside Venture Capital and Legend Capital. Sequoia Capital China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend… Continue reading Self-driving car startup Pony.ai raises $112m led by Legend Capital, Morningside

Reinvent or die: Fiat CEO to car companies

Marchionne has witnessed major changes already leading Fiat for almost 14 years, overseeing the combination with Chrysler in 2014 and the 2016 spinoff of Ferrari DETROIT: Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditised amid… Continue reading Reinvent or die: Fiat CEO to car companies

Mahindra Electric launches Virtual Reality drive experience for all-electric e2oPlus

Mahindra Electric launches Virtual Reality drive experience for all-electric e2oPlus First ever Virtual Reality based drive for the most popular electric vehicle in India, set to revolutionize the test drive experience The 2D, 360 degree version of the experience is also available on https://www.youtube.com/watch?v=qAdGe2lDMU8 Bengaluru, January 3, 2018: Mahindra Electric, part of the diversified USD… Continue reading Mahindra Electric launches Virtual Reality drive experience for all-electric e2oPlus