Audi is gearing up to boost profit outside its traditional business of producing and selling upscale cars in a push against Silicon Valley’s software giants that are keen to mine potentially lucrative vehicle data. The world’s third-largest luxury-car brand expects to generate operating profit of 1 billion euros ($1.2 billion) in 2025, the Volkswagen AG… Continue reading Audi Targets $1.2 Billion Profit Boost From Car-Data Services
Tag: Mobility
Waymo shows how its self-driving cars navigate snow
Ask people in chillier climates if they’re looking forward to self-driving cars and they’ll probably just laugh. The technology has an easy time in ever-pleasant locales like California, but snow is a nightmare that obscures lanes, cars and entire roads. Waymo knows how to tackle that problem, though. In a presentation at the Google I/O… Continue reading Waymo shows how its self-driving cars navigate snow
In self-driving car race, Waymo leads traditional automakers
You are here: Home » OEM » Automakers and Suppliers » Waymo is testing autonomous driving using Chrysler Pacifica minivans. Photo credit: Katie Burke UPDATED: 5/8/18 11:14 am ET DETROIT/MUNICH — In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet’s Waymo. The Google sibling is ahead of traditional automakers such… Continue reading In self-driving car race, Waymo leads traditional automakers
Schaeffler reports three divisions for the first time and confirms guidance for the year
HERZOGENAURACH, Germany, May 8, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its quarterly results for the first three months of 2018 today. As a result of the organizational realignment initiated last year, this is the first time the company is also reporting on the performance of its three divisions – Automotive OEM (64.2 percent… Continue reading Schaeffler reports three divisions for the first time and confirms guidance for the year
Uber Gives Us The First Glimpse Of What It Wants Its Flying Taxi To Look Like
You already know that Uber wants to clog up the skies the way it has roads in cities all over the world. But now we know what the airborne Uber vehicle could look like. Today, Uber has finally unveiled a design called the Common Reference Model (CRM). Yes, the name is not sexy. But the vehicle itself… Continue reading Uber Gives Us The First Glimpse Of What It Wants Its Flying Taxi To Look Like
Here’s how much Uber’s flying taxi service will cost
Uber’s holding a big conference today in Los Angeles, Uber Elevate, to share more about its ambitions to launch a flying taxi service. For those unfamiliar, Uber’s goal is to start testing these vertical takeoff and landing vehicles in 2020 and have its first official ride in 2023. At the Summit today, Uber Head of… Continue reading Here’s how much Uber’s flying taxi service will cost
Walmart ends grocery delivery deal with Uber and Lyft
In 2016, Walmart announced that it would begin testing grocery delivery in conjunction with Uber and Lyft. Today, however, Reuters reports that those partnerships have come to an end, which was confirmed by Walmart and Uber. TechCrunch first reported in 2015 about Uber’s plans to launch a merchant delivery system, wherein goods from retailers would… Continue reading Walmart ends grocery delivery deal with Uber and Lyft
Uber will halt Walmart grocery deliveries next month
Shutterstock In 2016, Walmart announced that it would be teaming up with Uber and Lyft for grocery deliveries. Though the trial with Lyft never broke out of its initial Denver test market, Walmart’s partnership with Uber expanded from Phoenix to Tampa, Dallas and Orlando. But that’s now coming to a close, Reuters reports, as Uber… Continue reading Uber will halt Walmart grocery deliveries next month
The real mistake of the German car industry: That’s why former VW boss Winterkorn is the wrong target
All articles and backgrounds 08/05/2018 The real mistake of the German car industry Therefore, former VW boss Winterkorn is the wrong target An opinion piece by Markus Schön DPA In the sights of the media: Martin Winterkorn If one pursued various tabloid media these days, one could get the impression, the former chief executive of… Continue reading The real mistake of the German car industry: That’s why former VW boss Winterkorn is the wrong target
Autocar confidential: Honda Clarity FCV, Mercedes-Benz A-Class buyers, electric Citroens & more
This week’s snippets of automotive news include news on Isral being a technology hub, the Honda Clarity FCV, Mercedes-Benz A-Class buyers and Citroen electrification. Israel technolgy hub: The car industry views Israel as a technology hub in the making, according to Skoda’s head of corporate development and digitalisation, Andre Wehner. Moreover, the country is viewed as… Continue reading Autocar confidential: Honda Clarity FCV, Mercedes-Benz A-Class buyers, electric Citroens & more