Mapbox to Bring AI-Powered Vision SDK to Microsoft Azure IoT Platform

SAN FRANCISCO, May 30, 2018 /PRNewswire/ — Mapbox announced it will integrate its Vision SDK with Microsoft Azure IoT platform, enabling developers to build innovative applications and solutions for smart cities, the automotive industry, public safety and more. The Mapbox Vision SDK provides augmented reality (AR) navigation, driver alerts for speed limits, pedestrians, vehicles and other event-based… Continue reading Mapbox to Bring AI-Powered Vision SDK to Microsoft Azure IoT Platform

Grammer major shareholder demands more money: Chinese offer for Grammer – in the view of the Hastors but too little

All articles and backgrounds 05/30/2018 Grammer major shareholder demands more money Chinese people offer for Grammer – in the opinion of the Hastors but too little DPA Production of car seats at car supplier Grammer in Kümmersbruck (Bavaria) Chinese major shareholder Ningbo Jifeng offers € 60 per Grammer share. For the second major shareholder Cascade… Continue reading Grammer major shareholder demands more money: Chinese offer for Grammer – in the view of the Hastors but too little

Gati launches electric vehicle for its last mile deliveries

HYDERABAD: Gati flagged off its first environment-friendly electric vehicle for last mile delivery operations. A pilot project is being progressed in Hyderabad and NCR region with an ultimate objective of converting one-fourth of its 1500 plus business partner fleet in ground operations. Gati remains invested in the e-Commerce sector with footprint expansion and new product… Continue reading Gati launches electric vehicle for its last mile deliveries

Works council and management agree on Opel renovation

PSA parent company has pledged investments in new models and plant capacity utilization to troubled automaker Opel. However, jobs should still be deleted. Opel logo in front of the factory in Rüsselsheim Tuesday, 29.05.2018 20:24 clock Works council and management of Opel have agreed on the reorganization of the loss-making car manufacturer. As part of… Continue reading Works council and management agree on Opel renovation

Nissan production, sales and export results for April 2018

YOKOHAMA, Japan (May 30, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for April 2018. 1. Production Nissan’s global production in April declined from a year earlier. Production in Japan surpassed year-earlier results for the second consecutive month. Production outside Japan declined from a year earlier. Production in the U.K.… Continue reading Nissan production, sales and export results for April 2018

Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

LISTEN TO ARTICLE SHARE THIS ARTICLE NSK Ltd. has been making transmissions and ball bearings for Japanese cars for half a century, but the 102-year old manufacturer is now undergoing a major shift as it supplies components critical to digital products and services. A photo illustration of NSK’s ball screws. Source: NSK Ltd. Sales of… Continue reading Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

Report: Nissan to cut North America output

Ma Jie, Bloomberg News Published 5:14 p.m. ET May 29, 2018 Nissan’s output in the U.S. has been sliding for 10 consecutive months as of March, and the contraction is likely to have extended in April as well, with the company reporting its production data this week. Sales plunged 28 percent in the month. (Photo:… Continue reading Report: Nissan to cut North America output

FAURECIA SHAREHOLDERS’ MEETING – COMPOSITION OF THE BOARD OF DIRECTORS, DIVIDEND OF €1.10 PER SHARE AND PLAN TO CONVERT FAURECIA INTO A EUROPEAN COMPANY

All the resolutions were adopted at Faurecia’s Annual Shareholders’ Meeting held in Paris today under the chairmanship of Michel de Rosen. The shareholders approved the decision taken by the Board of Directors on October 12 to appoint Valérie Landon to the Board. Following the resignation of Jean-Pierre Clamadieu, effective at the close of the meeting,… Continue reading FAURECIA SHAREHOLDERS’ MEETING – COMPOSITION OF THE BOARD OF DIRECTORS, DIVIDEND OF €1.10 PER SHARE AND PLAN TO CONVERT FAURECIA INTO A EUROPEAN COMPANY

Car manufacturer: Works council and management of Opel agree on restructuring package

Opel The refurbishment concept for the car manufacturer stands. (Photo: AP) Hamburg works council and management of Opel have agreed on the reorganization of the loss-making car manufacturer. As part of the compromise agreed on Tuesday, the French parent company PSA says Peugeot Citroën Investments in new models and the utilization of the works too.… Continue reading Car manufacturer: Works council and management of Opel agree on restructuring package

Fiat Chrysler investors want electric road map in CEO’s swan song

MILAN/LONDON (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world’s seventh-largest carmaker remains in the race in the absence of a merger. FILE PHOTO: FCA CEO Sergio Marchionne addresses the media during a… Continue reading Fiat Chrysler investors want electric road map in CEO’s swan song