Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Report to 30 September 2019

Good morning, Ladies and Gentlemen! In recent years, much has been written about how car manufacturers need to change their business model. What people don’t talk about enough is the fact that the real transformation is taking place in the vehicle itself. That is where the real challenge lies. The car is a highly complex… Continue reading Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Report to 30 September 2019

Former Zipcar CEO Scott Griffith joins Ford Autonomous LLC as director of AV product

Griffith will join Ford Autonomous LLC as the director of AV product, marketing and operations. New Delhi: Former Zipcar CEO Scott Griffith will join Ford Autonomous LLC, the American auto major’s self-driving car wing, reveals a media report. Griffith will join Ford Autonomous LLC as the director of AV product, marketing and operations. As the… Continue reading Former Zipcar CEO Scott Griffith joins Ford Autonomous LLC as director of AV product

Hyundai: Hyundai Motor Group Investing in Joint Venture with Aptiv

Hyundai Motor Group announced today that it will be forming an autonomous driving joint venture in the U.S. with Aptiv, one of the industry’s most innovative vehicle technology providers. The joint venture will advance the design, development, and commercialization of SAE Level 4 and 5 autonomous technologies. HMG will collectively contribute 2 billion US dollars.… Continue reading Hyundai: Hyundai Motor Group Investing in Joint Venture with Aptiv

Senegal’s NIMA Codes to launch address app in 15 African countries

Senegalese startup NIMA Codes — a digital mapping service for locations without formal addresses  —  has upgraded its app and plans to go live in 15 African countries in 2020. The pre-seed stage startup launched in 2018 around an API that uses mobile-phone numbers to catalog coordinates for unregistered homes and businesses in Senegal. NIMA… Continue reading Senegal’s NIMA Codes to launch address app in 15 African countries

ABB acquires Chinese charging provider Chargedot

Swiss electronics company ABB has acquired a majority stake in Chargedot, a Chinese EV charging provider. Chargedot supplies AC and DC charging stations, as well as an accompanying software platform. ABB offers services and products such as grid distribution and charging points. Tarak Mehta, President of ABB’s Electrification business, said, “With China forging ahead in… Continue reading ABB acquires Chinese charging provider Chargedot

BMW Group increases deliveries, revenues and earnings

Munich. The BMW Group recorded growth in deliveries, revenues and earnings in the third quarter and is therefore well on its way to achieving its targets for 2019. Group net profit increased at a double-digit percentage rate, helped to some extent by a base effect from the previous year’s reported figures. Moreover, profitability has continued… Continue reading BMW Group increases deliveries, revenues and earnings

Los Angeles International Airport Pickups are Changing

Due to ongoing construction at LAX, all pickups except TCP-licensed Lux Black and Lux Black XL will be moving to the new LAX-it lot near Terminal 1. Starting Nov. 6, Lyft will have a new, dedicated pickup area at LAX-it (use West Century Boulevard to enter the lot). Drop-offs will remain the same. We’ve added… Continue reading Los Angeles International Airport Pickups are Changing

Analysis: The numbers behind the FCA-PSA merger

The FCA-PSA tie-up gathers 15 brands under the same roof The agreed merger between Fiat Chrysler Automobiles and the PSA Group will create the world’s fourth-largest car company based on sales. The two European firms last week announced their intention to create a new entity owned 50/50 between the two but led by PSA’s CEO, Carlos Tavares. PSA will… Continue reading Analysis: The numbers behind the FCA-PSA merger

Uber’s Self-Driving Car Didn’t Know Pedestrians Could Jaywalk

The software inside the Uber self-driving SUV that killed an Arizona woman last year was not designed to detect pedestrians outside of a crosswalk, according to new documents released as part of a federal investigation into the incident. That’s the most damning revelation offered up in a trove of new documents related to the crash,… Continue reading Uber’s Self-Driving Car Didn’t Know Pedestrians Could Jaywalk