Radar was originally developed for military use in the mid-twentieth century. However, recent advancements in imaging radar technology have opened new applications for the automotive industry, where it’s critical for vehicles using for automated vehicles to “see” in difficult weather conditions — something for which radar is particularly well-suited. Along with cameras and LiDAR, imaging radar will… Continue reading Surfing the 77 Gigahertz Wave: Our Investment in Metawave
Tag: Strategy
Shouqi Limousine & Chauffeur Establishes Strategic Partnership with e-driver to Build High-quality Mobility Ecosystem
BEIJING, May 15, 2018 /PRNewswire/ — The leading brand in China’s car hailing service industry, Shouqi Limousine & Chauffeur, announced on May 15, 2018 that it had signed a strategic cooperation agreement with e-driver, in order to offer access to their respective chauffeur and car hailing services via their platforms, thus improving relevant services and… Continue reading Shouqi Limousine & Chauffeur Establishes Strategic Partnership with e-driver to Build High-quality Mobility Ecosystem
AramisAuto shifts into top gear
AramisAuto is accelerating internationally. The specialist in online sales of used cars has just bought Cardoen, one of the leading independent car distribution in Belgium: a company that, with 160 million euros of turnover and 160 employees (of which more than 100 are integrated and the others in its 13 points of sale franchisees), will… Continue reading AramisAuto shifts into top gear
FAURECIA CAPITAL MARKETS DAY 2018 – ACCELERATING TRANSFORMATION TO ENHANCE PROFITABLE GROWTH FOR SUSTAINABLE MOBILITY AND SMART LIFE ON BOARD
At its Capital Markets Day held in Paris on 15 May, Faurecia detailed its 2020 financial targets and its 2025 ambition. 2020 financial targets: sales growth of above 7% per year to exceed €20 billion, operating margin at 8% of sales and net cash flow at 4% of sales 2025 ambition: €30 billion of sales,… Continue reading FAURECIA CAPITAL MARKETS DAY 2018 – ACCELERATING TRANSFORMATION TO ENHANCE PROFITABLE GROWTH FOR SUSTAINABLE MOBILITY AND SMART LIFE ON BOARD
Opel with new business model in Sweden and Denmark
Opel with new business model in Sweden and Denmark 2018-05-15 Interdan Bil A/S appointed as importer partner in Denmark and Sweden More agility and flexibility in the markets will foster growth of Opel Important milestone of PACE! plan Rüsselsheim. Opel has taken a further step in the execution of its strategic plan PACE!, which has… Continue reading Opel with new business model in Sweden and Denmark
Cummins forms a JV with JAC Motors after 20 years of business alliance
Cummins and Anhui Jianghuai Automobile (JAC Motors)announced that the two parties will form a 50:50 joint-venture after Cummins purchased Navistar’s 50 percent equity of the JAC-Navistar diesel engine company (JND). Steve Chapman, Cummins Group vice president, China and Russia said, “Cummins and JAC share similar values and are both committed to bringing our customers the… Continue reading Cummins forms a JV with JAC Motors after 20 years of business alliance
New Midterm Business Plan Announcement (FY2019 – FY2021)
May 14, 2018 New Midterm Business Plan Announcement(FY2019 – FY2021) Isuzu Motors Limited (headquartered in Shinagawa Tokyo and headed by Masanori Katayama, President and Representative Director, hereinafter called “Isuzu”) announced “New Midterm Business Plan” (FY2019 – FY2021). ·Mid-long term vision Isuzu set-up “Mid-long term vision” to flexibly adapt huge wave expected in 2020’s of Commercial… Continue reading New Midterm Business Plan Announcement (FY2019 – FY2021)
Ford forced to stop all F-150 production because of supplier fire
A 2015 aluminum-alloy body Ford F-150 truck during inspection at the company’s Kansas City Assembly Plant in Claycomo, Mo. in March 2015. (Photo: Charlie Riedel, AP) Ford suspended all production Wednesday of its profit-driving F-150 pickup, the nation’s best-selling vehicle for more than 35 years, because of a “black swan” parts shortage. The production halt… Continue reading Ford forced to stop all F-150 production because of supplier fire
Embark CEO says autonomous driving is the only way we’ll get to zero fatalities
Autonomous systems are coming. In fact, they’re already here thanks to Alphabet’s Waymo, Uber and smaller startups like Aurora, Embark Trucks and Voyage. Although there have a been a couple of fatal crashes involving autonomous software, the consensus seems to be that self-driving is still the way to go. Last year, 37,150 people died in… Continue reading Embark CEO says autonomous driving is the only way we’ll get to zero fatalities
Honda Offers 2018 Clarity Electric Lease At $199 Per Month
2018 Honda Clarity Electric The Japanese manufacturer offers the Clarity Electric only in two states (at select California and Oregon dealerships), only for lease without a purchase option at lease end, and since summer 2017 only over 1,500 were delivered. All-electric range of the Honda Clarity Electric remains at 89 miles (143 km) EPA on… Continue reading Honda Offers 2018 Clarity Electric Lease At $199 Per Month