Europcar’s net profit drops by 86.5% in the first quarter of the year due to the purchase of Goldcar

Posted 05/17/2018 11:47:54 CET SAINT-QUENTIN-EN-YVELINES (FRANCE), 17 May. (EUROPA PRESS) – The French car rental company Europcar Group closed the first quarter of the year with a net profit of 2.5 million euros, which translates into a fall of 86.5% over the same period of the previous year, according to published data by the company.… Continue reading Europcar’s net profit drops by 86.5% in the first quarter of the year due to the purchase of Goldcar

The next generation Sprinter stands for efficient mobility.

The proven van from the brand with the star has always been a pioneer in the market. The third generation of the classic van has now been updated for the digital future. Ulf Zillig is the overall project manager for the Sprinter at Mercedes-Benz Vans. His team ensures that the new Sprinter is developed and… Continue reading The next generation Sprinter stands for efficient mobility.

First glimpse of BMW iNEXT – BMW Group previews Vision Vehicle in 2018.

Munich. At today’s Annual General Meeting, Chairman of the Board of Management of BMW AG, Harald Krüger, unveiled an initial design concept for the BMW iNEXT. The pure-electric BMW iNEXT will be built at Plant Dingolfing from 2021. The company’s new technology flagship incorporates all major strategic areas of innovation in a road-ready vehicle. Harald… Continue reading First glimpse of BMW iNEXT – BMW Group previews Vision Vehicle in 2018.

Volkswagen’s core brand pulls out of Paris auto show

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) core autos brand will skip the Paris motor show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital. FILE PHOTO: A worker shines the grill of a Volkswagen car displayed on media day at the… Continue reading Volkswagen’s core brand pulls out of Paris auto show

Pick up some moving insights into the future of mobility with Gett chief executive Dave Waiser in Tel Aviv

Dave Waiser has been at the forefront of the mobility technology revolution in Israel for the past eight years, ever since he launched Gett in 2010. One of the last companies standing in the ultra-competitive global ride-sharing market, Gett has withstood competition from Didi Chuxing, Grab, Ola, Lyft and Uber and kept pace with those… Continue reading Pick up some moving insights into the future of mobility with Gett chief executive Dave Waiser in Tel Aviv

Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars

JERUSALEM (Reuters) – Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official told Reuters. A general view of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem, May 15, 2018. Picture taken May 15,… Continue reading Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars

DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars

KARIYA (Japan) ― DENSO Corporation has taken a stake in Metawave Corporation, a U.S. startup company that develops cutting-edge, millimeter-wave radar sensing technologies to detect vehicles and pedestrians. Metawave announced on May 15, 2018, it raised an additional $10 million from DENSO, Toyota AI Ventures, Hyundai Motor Company, and other strategic investors. DENSO will harness… Continue reading DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars

Look, No Hands: Project Waze onto Your Car’s Screen and Control It with Your Voice

Ford and Waze have teamed up to bring the world’s largest community-based traffic and navigation app to the automaker’s lineup via the iPhone Available globally through Ford SYNC® AppLink®, Waze users can simply plug their iPhone into a SYNC 3-equipped vehicle and project the app directly onto their vehicle touch screen For owners of Ford… Continue reading Look, No Hands: Project Waze onto Your Car’s Screen and Control It with Your Voice

Roadstar.ai Raises $128M in Round-A and Announces 1st Generation Product “Aries”

SHENZHEN, China, May 16, 2018 /PRNewswire/ — World leading level-4 autonomous technology pioneer Roadstar.ai announced US$128 million in Series-A funding on May 15th, which was led by Wu Capital and Shenzhen Capital Group, joined by Yunqi Partners, CMB International Capital, and Vision Plus Capital. Together with the announcement, Roadstar.ai also released its first self-driving tech kit “Aries”, which is… Continue reading Roadstar.ai Raises $128M in Round-A and Announces 1st Generation Product “Aries”

Toyota Tech Talks: Jim Adler on Disruption in the Auto Industry and Investing in Startups

From Intuition Robotics’ social companion robot for older adults to Realtime Robotics’ path planning technology for machine movement in the real world ‒ at Toyota AI Ventures, we look to invest in and help innovative startups around the world that are tackling ambitious problems in artificial intelligence, data/cloud, autonomous mobility, and robotics. Learn more from… Continue reading Toyota Tech Talks: Jim Adler on Disruption in the Auto Industry and Investing in Startups