Tag: Financial Results

NVIDIA and Aurora Collaborate to Build Next-Generation Autonomous Vehicle Compute Platform

CES — NVIDIA and Aurora today announced that they are working together to create a new Level 4 and Level 5 self-driving hardware platform that will use the NVIDIA DRIVE Xavier™ processor. At the opening press conference of CES 2018, NVIDIA founder and CEO Jensen Huang disclosed that NVIDIA’s automotive team is working with Aurora to bring… Continue reading NVIDIA and Aurora Collaborate to Build Next-Generation Autonomous Vehicle Compute Platform

Cathy O’Callaghan

Cathy O’Callaghan is vice president and corporate controller, and CFO, Global Markets, effective June 1, 2018. In her role as corporate controller, she reports to Bob Shanks, executive vice president and chief financial officer. As CFO, Global Markets, she reports to Jim Farley, executive vice president and president, Global Markets. Previously, O’Callaghan was chief financial… Continue reading Cathy O’Callaghan

This wants more synergy

D he is the new CEO of Volkswagen, Herbert Diess , has reaffirmed its goal of significantly increasing the profitability of the company. VW is preparing for the new era of the automotive industry with its strategy 2025, which was developed by former CEO Matthias Müller, he said on Thursday at the presentation of the… Continue reading This wants more synergy

Tesla is asking Model 3 reservation holders for another $2,500 to order their cars

Buyers who confirm won’t immediately get a specific delivery date, but Tesla’s email says delivery could happen “in as soon as 2-4 months.” Tesla typically schedules delivery or pickup appointments within two weeks of the date they expect to deliver a Model 3 to a customer. The company has not yet manufactured a base-model version… Continue reading Tesla is asking Model 3 reservation holders for another
$2,500 to order their cars

Honda faces the real cost of Brexit in a former Spitfire plant

BMW UK plants: Mini, Oxford (4,000 staff); Rolls-Royce, Goodwood (1,700); engines, Hams Hall, Birmingham (800); bodywork, Swindon (850) Makes: Minis, all Rolls-Royce model HONDA UK plants: Cars and engines, Swindon (4,000 staff) Makes: Civic NISSAN UK plant: Cars and engines, Sunderland (7,000 employees) Makes: Qashqai, Leaf, Juke ___________________________________________________________________________________________ Such are the surreal options facing Honda… Continue reading Honda faces the real cost of Brexit in a former Spitfire
plant

An unmanned car may soon deliver your Kroger groceries

Earlier this month, it said that digital sales for the past quarter had grown 66 percent. “We cannot just rely on physical stores to reach all of our customers for delivery and and pick-up,” said Yael Cosset, Kroger’s chief digital officer, in an interview with CNBC. Kroger has more than 2,800 stores across the U.S.,… Continue reading An unmanned car may soon deliver your Kroger
groceries

Post electric transporter is in demand

D ie German postal service benefits with its electric vehicle Street Scooter from the debate about driving bans for diesel cars. The street scooter meets brisk demand, said company chief financial officer Melanie Kreis this Tuesday during a conference call. The discussion about the diesel had “tended to fuel interest even further,” emphasized Kreis. Swiss… Continue reading Post electric transporter is in demand