Organic sales growth of 4.3 percent to €11.0 billion Automotive and Rubber Group growing organically considerably faster than the markets Adjusted operating result of €1.1 billion / adjusted EBIT margin of 9.7 percent Net income virtually stable at €738 million or €3.69 per share New record: Order intake in Automotive Group amounts to €11 billion Hanover, May 8, 2018.… Continue reading Solid Growth with Pioneering Technologies: Continental’s Order Intake at Record Level
Tag: Mobility
Ford advancing talks for train depot amid speculation
Buy Photo Michigan Central Depot would anchor Ford’s next-generation mobility, electrification and autonomous vehicle development. (Photo: Daniel Mears / The Detroit News)Buy Photo Ford Motor Co.’s directors are expected this week to be told negotiations are continuing for the automaker to acquire the Michigan Central Depot, says a source close to the situation. No deal… Continue reading Ford advancing talks for train depot amid speculation
Baidu launches $500m fund to support internet, AI startups
April 29, 2018 Chinese internet group Baidu is setting up a $500-million growth-stage fund that will invest in internet and artificial intelligence (AI) technology startups, according to a report by Chinese news site The Paper. The fund, dubbed Changcheng Investment Partners, will be an independent and market-oriented fund with average cheque amount ranging from $20… Continue reading Baidu launches $500m fund to support internet, AI startups
UPDATE 3-Uber sets safety review; media report says software cited in fatal crash
(Reuters) – Uber Technologies Inc [UBER.UL] on Monday said it has retained a former top U.S. transportation official to advise it on safety after a fatal self-driving crash in March, but it declined to comment on a technology website’s report that a software flaw was responsible for the accident. The Uber logo is displayed on… Continue reading UPDATE 3-Uber sets safety review; media report says software cited in fatal crash
A New MIT Project Could Bring Driverless Cars to Rural Roads
Cows. Cornfields. Autonomous cars? The phrase “country living” might not inspire visions of high-tech transportation. But that could soon change, thanks to a new autonomous navigation system developed by researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL). Today, most autonomous vehicles (AVs) rely on highly-detailed 3D maps to navigate roads. Creating these maps requires… Continue reading A New MIT Project Could Bring Driverless Cars to Rural Roads
Riding During Busy Hours
To provide passengers with the most reliable service, we need to make sure drivers are on the road when and where you need a ride. When many passengers in your area request at the same time, ride prices will likely be higher than normal. To help anticipate busy hours, you can expect higher demand during… Continue reading Riding During Busy Hours
Drive.ai will launch an autonomous ride-hailing service in Texas
California-based Drive.ai is set to launch a self-driving ride-share service in a Texas city this summer to test how well the vehicles work with traffic as well as how the public reacts to them. In its announcement on Monday, Drive.ai said it will offer rides to over 10,000 people in Level 4 self-driving vehicles within… Continue reading Drive.ai will launch an autonomous ride-hailing service in Texas
Uber crash reportedly caused by software that ignored objects in road
REUTERS/Natalie Behring Uber has reportedly discovered that the fatal crash involving one of its prototype self-driving cars was probably caused by software faultily set up to ignore objects in the road, sources told The Information. The autonomous programming detects items around the vehicle and operators fine-tune its sensitivity to make sure it only reacts to… Continue reading Uber crash reportedly caused by software that ignored objects in road
Renault Mobility – IKEA: Furniture transportation with your smartphone
Wednesday 25 April 2018 by Thomas AUDEBERT – Corporate Thomas AUDEBERT Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest As of today, Renault through its subsidiary Renault Mobility launches a rental service with commercial and private vehicles to transport furniture from store to home. Available at the IKEA Villiers Paris pilot… Continue reading Renault Mobility – IKEA: Furniture transportation with your smartphone
NIO Issued Beijing Intelligent Connected Vehicle Test Permit
26 Apr 2018 Beijing, China – April 24 – NIO has obtained the permit required for testing autonomous vehicles on public roads in Beijing. The autonomous driving road tests designated by the Beijing municipal government include 30 urban and country roads with a total distance of 100 kilometers. The ES8 has already gone through… Continue reading NIO Issued Beijing Intelligent Connected Vehicle Test Permit