There is another Franco-Japanese team in the car, less exposed than Renault-Nissan these days. The one between PSA and Toyota. But that does not mean that nothing is happening in this partnership dating from 2001 . According to our information, Toyota and PSA have decided to broadly review the contours of their partnership. The builders… Continue reading PSA and Toyota refocus their partnership on utilities
Tag: Strategy
Subaru Corporation Announces Changes in Areas of Responsibility of the Management(Effective November 1, 2018)
November 22, 2018
Subaru Corporation Announces Changes in Areas of Responsibility of the Management
(Effective November 1, 2018)
Tokyo, November 22, 2018 – Subaru Corporation made the following changes in areas of responsibility of the management. The changes took effect on November 1, 2018.
1. Changes in Directors’ areas of responsibility
Name
Effective November 1, 2018
Former
Yasuyuki Yoshinaga
Director
Chairman
– “Tadashii-Kaisha” Promotion Dept.
– Compliance Office
– “Tadashii-Kaisha” Promotion Dept.
– Compliance Office
– In Charge of Quality
—
—
Tomomi Nakamura
Representative Director
President
– Chief Executive Officer (CEO)
– Aerospace Company
– In Charge of Quality
– Chief Executive Officer (CEO)
– Aerospace Company
—
—
Masaki Okawara
Representative Director
Executive Vice President
– Chief Information Officer (CIO)
– IT Strategy Div.
– In Charge of Manufacturing
– China Project Office
-Chief Information Officer (CIO)
-IT Strategy Div.
-In Charge of Manufacturing
Chief General Manager of IT Strategy Div.
Chief General Manager of IT Strategy Div.
2. Change in Vice President’s areas of responsibility
Name
Effective November 1, 2018
Former
Yasuhiro Hamanaka
Vice President
– Aerospace Company
– Aerospace Company
Company Vice President of Aerospace
Company
General Manager of Kisarazu Maintenance Dept.
Company Vice President of Aerospace
Company
General Manager of Production Planning Dept. and Kisarazu Maintenance Dept.
###
[PDF/226 KB]
ICYMI: BlackBerry to Acquire Cylance
On Friday, November 16, we announced the acquisition of Cylance, a fast growing company and pioneer in applying artificial intelligence, algorithmic science, and machine learning to cybersecurity. Their technology has proven highly effective at predicting and preventing known and unknown threats to fixed endpoints, including stopping zero day threats like Petya, notPetya and WannaCry. Cylance’s… Continue reading ICYMI: BlackBerry to Acquire Cylance
Richmond Motor Group completes Drayton dealership acquisition
Richmond Motor Group has completed the acquisition of a former Fiat and Abarth showroom in Drayton. The Southampton-based car retail group recently added the MG Motor UK brand to its portfolio in Portsmouth and Southampton and looks set to expand its representation with Citroen and Hyundai following the purchase of the new facility on Havant… Continue reading Richmond Motor Group completes Drayton dealership acquisition
Telstra connects device to 5G with Ericsson and Qualcomm
Telstra has announced achieving the first live 5G connection in Australia using a commercial 5G chipset and a smartphone. Telstra utilised its 3.5GHz spectrum along with Ericsson’s 5G network software and Qualcomm’s 5G chipset and device, with Telstra network engineering executive Channa Seneviratne saying it takes 5G “from the lab into the street”. “Telstra’s strategic… Continue reading Telstra connects device to 5G with Ericsson and Qualcomm
FedEx is adding 1,000 Chanje vans to electrify its fleet
FedEx is turning to a relatively new and unknown startup as it ramps up its efforts to electrify its fleet of delivery vans. The company announced Tuesday plans to add 1,000 electric delivery vehicles from Chanje Energy, a California-based and China-backed startup founded in 2015. FedEx is purchasing 100 of the vehicles from Chanje Energy. It will lease… Continue reading FedEx is adding 1,000 Chanje vans to electrify its fleet
Press release / November 14, 2018 LeddarTech’s Mobility Leadership Series Addresses Autonomous Driving and LiDAR Technologies in Europe As part of the LeddarTech Mobility Leadership Series, two of its experts will take the stage at two different key European industry events.
Leddartech/Press release/LeddarTech’s Mobility Leadership Series Addresses Autonomous Driving and LiDAR Technologies in Europe
LeddarTech’s Mobility Leadership Series Addresses Autonomous Driving and LiDAR Technologies in Europe
QUEBEC CITY, November 13, 2018 — LeddarTech, an industry leader in providing the most versatile and scalable automotive LiDAR development platform, announces that as part of the LeddarTech Mobility Leadership Series, two of its experts, Pascal Tousignant, senior product line manager and Frantz Saintellemy, president and COO, will take the stage at two different key European industry events this month : the DVN Conference on LiDAR and the Telegraph Smart Mobility Summit 2018.
DVN Conference on LiDAR
On November 20, 2018, in Frankfurt, Germany, LeddarTech’s Senior Product Line Manager Pascal Tousignant will present Demystifying LiDAR Technologies and Business Models for Automotive AD Applications. This presentation explains LeddarTech’s technology choices and their competitive advantages. It also provides details on the LeddarTech LiDAR solution that enables customers to design custom automotive LiDARs with the leverage of LeddarTech’s reliable, safe and flexible platform. More specifically, this presentation will show how LeddarTech’s technology can evolve and scale-up from Level 2 to Level 5 of vehicle automation and will present the different business models that can bring the LiDAR to the mass market.
The DVN Conference on LiDAR brings together worldwide LiDAR and automotive lighting experts. It features lectures that cover topics such as LiDAR technology, LiDAR integration in headlamps and rear lamps, LiDAR simulation and testing, as well as market challenges and opportunities; some round tables on the pros and cons of different technologies, as well as an exhibit that will present the most recent LiDAR automotive technologies and their integration process into cars.
“With technology becoming more and more at the forefront of the automotive industry, the rapid pace of change also brings some misconceptions on LiDAR technologies,” stated Pascal Tousignant, senior product line manager at LeddarTech. “I look forward to bringing some clarity on LiDAR technologies and sharing with attendees of the DVN Conference on LiDAR LeddarTech’s insights on a winning business model for LiDARs in autonomous-driving applications.”
The Telegraph Smart Mobility Summit 2018
On November 21, 2018, in London, UK, LeddarTech’s President and COO, Frantz Saintellemy will address the key opportunities and challenges related to the commercial deployment of active safety and autonomous driving (AD) technologies into production vehicles. His presentation, Market Forces Driving the Future of Autonomous Driving and ADAS, provides an overview of the significant new business opportunities that autonomous driving brings, discusses the disruptive business model based on a LiDAR development platform that enables mass-market applications in the automotive industry, and explores the LiDAR technology roadmap to meet key requirements of automakers in terms of performance, cost, scalability and functional safety.
The Telegraph Smart Mobility Summit is a forum for business leaders and policymakers to accelerate consumer confidence, demonstrate real world benefits and optimize commercial opportunities from the revolution in connected-autonomous-electric cars.
“LeddarTech offers a go-to-market strategy that is geared to meet industry challenges through its unique technology and LiDAR development platform offering, as well as through a distinctive business model that leverages win-win partnerships with leading industry players to enable the large-scale deployment of solid-state LiDARs in production vehicles,” said Frantz Saintellemy, president and COO of LeddarTech. Mr. Saintellemy added, “Our Leddar Ecosystem also uniquely positions LeddarTech to navigate the complexity and face the challenges that come with bringing LiDAR solutions from the lab to market. The Telegraph Smart Mobility Summit 2018 is a great forum to exchange on best practices with the key influencers of the autonomous-driving and ADAS industry.”
About LeddarTech
LeddarTech is an industry leader in providing the most versatile and scalable automotive LiDAR development platform based on the unique LeddarEngine, which consists of a suite of automotive-grade and functional safety certified SoCs working in tandem with LeddarSP software. The company is responsible for several technological innovations in cutting-edge mobility remote-sensing applications. Automotive active safety, autonomous driving, intelligent transportation, inner-city fleet vehicles, and more, are being enhanced using patented LeddarTech technologies.
Additional information about LeddarTech is accessible at www.LeddarTech.com, and on LinkedIn, Twitter or YouTube.
Return to News
This website places cookies on your device to give you the best possible user experience. By using our websites, you agree to our cookies being saved on your device (unless you have disabled cookies in your settings). For more information, please read our Terms of Use and our Privacy policy.
I Agree
Ford China sales fall by more than 40 percent, again
JOHANNES EISELE | AFP | Getty Images
The Ford Mustang is displayed during the 17th Shanghai International Automobile Industry Exhibition in Shanghai.
Ford's sales in China just keep falling.
The company's sales in the world's largest car market fell 45 percent in October, compared with the same month last year.
Ford has recently said it has seen its business in China deteriorate. Ford's sales in China dropped 43 percent in September over the same month in 2017.
The drop is due partly to a slowdown in sales across the industry and partly to problems unique to Ford.
One major factor hurting sales is a government crackdown on certain forms of lending that made credit available to a wide swath of buyers in China's middle class, especially in its growing second-tier cities, said Michael Dunne, CEO of ZoZoGo, a firm that advises automakers on doing business in the country.
China had for some time allowed peer-to-peer lending schemes, where wealthier people could lend money to the less wealthy. But the recent crackdown on such practices has shut down several companies facilitating the process and left those remaining lenders skittish, along with many consumers, Dunne said.
However, Ford has been hit particularly hard, while U.S. rival General Motors seems to have fared well in the face of those challenges.
Ford's product line in China is a bit stale, and has failed to keep up with the rapidly changing demand in the country, said IHS Markit analyst Stephanie Brinley, who follows the automotive industry.
“Ford is in a unique situation to the degree that they really did have a product problem,” she said. “That market wants to see fresh product faster, and Ford just wasn't delivering it. It is not that their products were inherently bad, it is just that they weren't updating them fast enough for what the market wants. And they are addressing that.”
Ford recently unveiled its Territory SUV, a sport utility vehicle made especially for the Chinese market. The SUV is the first in an upcoming onslaught of new vehicles the automaker is planning for the region. Ford also recently separated its Chinese business unit from its larger Asia-Pacific region and appointed a president specifically for the country, in a bid to accelerate growth.
WATCH:Ford is using bionic suits to help employees work safer
Ford is using bionic suits to help employees work safer
6:24 PM ET Fri, 20 April 2018 | 02:20
Careem has signed an MOU with The Oman Technology Fund to inspire…
And as the leading internet platform in the region we are excited to be able to support a likeminded partner in OTF and the Government of Oman to share in a vision together and help enable Oman to utilise our technology and platform to work across several sectors in the country.
This partnership will give us opportunity to demonstrate how the Careem platform can support governments in their forward-thinking ambitions and help enable Oman to become one of the leading smart cities in the region.
Be it through the introduction of drone technology or cost-effective and environmentally-friendly autonomous vehicles, this represents a significant step into the future and sets an exciting forward-thinking precedent for a new form of public-private-partnership for the region.
The MOU also includes the possibility of the OTF entering joint ventures or other strategic partnerships with us, including making an investment in Careem on behalf of Oman’s sovereign wealth funds. We are excited to be..
Careem and TransAD launch programme to provide new income…
In collaboration with TransAD, Careem has introduced a new programme to provide flexible and safe income earning opportunities to Emiratis and children of Emirati women living in Abu Dhabi.
UAE Nationals and children of Emirati women can now opt to register on the Careem platform and drive private vehicles as part of a new initiative to open up jobs to the local workforce. Customers will be able to book rides originating in anywhere in Abu Dhabi and the service will be priced in line with taxis in the Capital. This follows on from Careem’s new pricing structure for the Capital that was announced in May.
Careem has begun an outreach programme targeting UAE nationals and children of Emirati women to promote the new initiative and to invite eligible Emirati Captains to register on their portal – drive.careem.com. Training sessions will be conducted in Abu Dhabi to upskill Captains on how to use Careem technology; best driving practices; vehicle and road safety and customer service. Care..