VW CEO Herbert Diess The car manager appeals to its managers to face up to change. (Photo: AP) Berlin / Wolfsburg VW-Boss Herbert Diess is considered a man of quiet tones. All the more remarkable is the flaming appeal with which Diess swore his managers in a strategy speech on Thursday. This warned the managers… Continue reading Car company in transition: VW boss Diess: “If we continue at our current pace, it will be very tight”
Tag: Strategy
Bolt raises €50M in venture debt from the EU to expand its ride-hailing business
Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in the world of on-demand transportation. The company has picked up €50 million (about $56 million) from the European… Continue reading Bolt raises €50M in venture debt from the EU to expand its ride-hailing business
@Daimler: Quiet and locally emission-free municipal use with a star: The all-electric Mercedes-Benz eEconic is coming
Daimler Trucks takes next logical step in truck electrification with battery-electric Mercedes-Benz eEconic eEconic is based on all-electric Mercedes-Benz eActros eEconic is ideal as waste-collection vehicle ideal in inner-city traffic due to high levels of ergonomics and safety. Electric drive has environmental and efficiency advantages Practical use of the eEconic is to start in 2021… Continue reading @Daimler: Quiet and locally emission-free municipal use with a star: The all-electric Mercedes-Benz eEconic is coming
Vertu Motors acquires four Sytner Group Volkswagen dealerships
Vertu Motors has added to the recent flurry of acquisitions and disposals within the Volkswagen retail network with the £8.8 million acquisition of four dealerships from Sytner Group. AM highlighted in this month’s magazine that a total of 10 VW dealerships changed hands during the last two months of 2019, with Sytner cutting its Volkswagen… Continue reading Vertu Motors acquires four Sytner Group Volkswagen dealerships
AEye Hires Veteran Financial Exec as VP of Finance
Andrea Haviley to Lead AEye’s Finance, Accounting and Growth Strategies as Company Scales Operations
Pleasanton, CA, December 12, 2019 – Today artificial perception pioneer AEye announced it has hired veteran financial executive Andrea Haviley as the company’s vice president of finance. Reporting to president Blair LaCorte, Haviley is responsible for driving AEye’s long-term and annual operating plans, capital financing, M&A, strategic initiatives and processes, as well as, building the finance team and implementing best practices across Finance, HR and IT to drive operational excellence as the company continues to expand and grow its business.
“We are thrilled that Andrea is bringing her deep financial expertise and acumen to AEye at this pivotal time in our growth,” said Blair LaCorte, president of AEye. “The complexity of our business is increasing as we expand our global OEM, tier 1 and automobility customer base, while moving into new markets. Andrea has a track record of excellence across corporate, operational and strategic finance roles, and she will be an asset to our maturing business.”
Haviley is a 25-year veteran in the field with a history of strong financial management. Prior to AEye, she served as director of operations finance at Veeva Systems, where she grew the team from a private company with approximately $50 million in subscription revenues to a public company with more than $1 billion in projected total revenues. Prior to Veeva, Haviley held corporate and operational finance roles at Taleo, PeopleSoft, Netscape, and Ernst & Young. She graduated from Cal Poly San Luis Obispo with a BS in Business Accounting, received her graduate MBA from UC Davis, and Fintech Premier Certification from Harvard University.
“I am excited to join AEye, a leader and disruptor in perception systems for autonomous vehicles,” said Haviley. “AEye has a powerful mission, vision and values, with a laser focus on innovation and execution, and executive leadership with depth of experience in both product and industry. I’m delighted to come on board at this pivotal time to prepare for high growth in 2020 and beyond.”
About AEyeAEye is an artificial perception pioneer and creator of iDAR™, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, and Airbus Ventures.
Media Contact:
AEye, Inc.
Jennifer Deitsch
[email protected]
925-400-4366
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@Hyundai: Hub and PBV: The Essence of the Future Mobility
Hyundai aims to free future cities and people from constraints of time and space and allow them to create more value in their lives. [embedded content] [embedded content] Hyundai Motor Company has unveiled its innovative vision for urban mobility at CES(Consumer Electronics Show) 2020, for vitalizing human-centered future cities. Based on these mobility solutions, Hyundai… Continue reading @Hyundai: Hub and PBV: The Essence of the Future Mobility
@Hyundai: Hyundai and Kia Make Strategic Investment in Arrival to Co-develop Electric Commercial Vehicles
Agreement accelerates Hyundai and Kia’s clean-mobility transformation €100 million investment enables co-development of eco-friendly vans and other products for logistics, on-demand ride-hailing, and shuttle service companies Partnership takes advantage of Arrival’s scalable ‘skateboard’ platform technology to underpin future Purpose Built Vehicles (PBV) from Hyundai and Kia Arrival has developed in-house software, materials, components and other… Continue reading @Hyundai: Hyundai and Kia Make Strategic Investment in Arrival to Co-develop Electric Commercial Vehicles
@BMW: Gifts from the heart, selected by MINI.
Munich. Making your loved ones happy by giving carefully chosen presents is always in season. One especially popular occasion for gifts both large and small is Valentine’s Day on 14 February. The current MINI Lifestyle Collection contains original alternatives to greetings cards, chocolates and flowers. Classic styling, modern look and pure MINI feeling. High-quality materials, precise… Continue reading @BMW: Gifts from the heart, selected by MINI.
@Hyundai: All About FCEV – 72050 Vision of Hydrogen Society
Achieving the hydrogen vision would create significant benefits for our lives. Here’s how hydrogen energy would change the course of our lives. Hydrogen will offer an economic and social benefit in the future. But how exactly? Here’s how hydrogen energy will help us from an economic perspective. The Rise of Hydrogen Consumption: The world is… Continue reading @Hyundai: All About FCEV – 72050 Vision of Hydrogen Society
India: CK Birla Group’s NEI buys Slovakian auto parts maker Kinex Bearings
CK Birla group-owned National Engineering Industries Ltd (NEI) on Wednesday announced the acquisition of Slovakia-based automotive bearing manufacturer Kinex Bearings. The Delhi-based automotive component manufacturer didn’t specify the value of the transaction, which was conducted through its wholly-owned subsidiary in Europe. The transaction is in line with NEI’s strategy to augment its product portfolio and… Continue reading India: CK Birla Group’s NEI buys Slovakian auto parts maker Kinex Bearings