(Image: Samsung) Samsung Electronics will supply its latest 8-nanometre processors for Audi’s next-generation in-vehicle infotainment system. The South Korean tech giant’s Exynos Auto V9 packs eight ARM Cortex-A76 cores — which has a max speed of 2.1 GHz — and will be used to power the German automobile manufacturer’s new infotainment system that is set… Continue reading Samsung to supply 8-nanometre V9 chips for Audi cars
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India Digest: Sazerac ups JDPL stake; Sachin Bansal pays advance tax; Ola to raise funds
January 3, 2019 Sazerac has acquired an additional 20 per cent stake in Indian liquor maker John Distilleries Pvt Ltd (JDPL) from private equity firm Gaja Capital. In other developments, Sachin Bansal has paid advance tax on the gains incurred from the sale of his stake in Flipkart while cab-hailing firm Ola is in the process of… Continue reading India Digest: Sazerac ups JDPL stake; Sachin Bansal pays advance tax; Ola to raise funds
China’s CITIC announces restructuring of special steel business
January 3, 2019 Hong Kong-listed Chinese conglomerate CITIC Limited on Wednesday announced that it is restructuring its special steel business by consolidating the assets under the Shenzhen-listed entity Daye Special Steel. As part of the restructuring exercise, Daye Special Steel, in which CITIC indirectly owns a 58.13 per cent stake, has signed an agreement to… Continue reading China’s CITIC announces restructuring of special steel business
INEOS Automotive gets serious with Defender replacement – AutoClassics
Projekt Grenadier is INEOS Automotive’s first project, inspired by CEO Jim Ratcliffe’s love for the Land Rover Defender. Lamenting the end of an automotive era upon the final Defender leaving Land Rover’s Solihull production line, Ratcliffe has promised to fill the 4×4 market gap with an all-new practical, uncompromising and hard-working off-roader to honour the… Continue reading INEOS Automotive gets serious with Defender replacement – AutoClassics
BlackBerry Accelerates in Japan to Help the Country Realize its Vision: Self-Driving Cars on the Road by 2020
Jaguar XJ concept car demos the latest innovations in integrated digital cockpits using BlackBerry QNX Hypervisor for safe and secure connected transport vehicles in the Jaguar XJ. Japan is globally renowned for its excellence in design, engineering and manufacturing – especially in the automotive industry. It has been among the top three countries for car… Continue reading BlackBerry Accelerates in Japan to Help the Country Realize its Vision: Self-Driving Cars on the Road by 2020
Workhorse Group Secures $35 Million in Financing from Marathon Asset Management
Immediate Access to Capital Enables Funding for Existing and Future Purchase Orders, Satisfies Existing Debt Obligations, and Serves as Another Key Step in Workhorse’s Long-Term Capital Strategy CINCINNATI, Jan. 2, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), an American technology company focused on changing the way the world works by providing sustainable and… Continue reading Workhorse Group Secures $35 Million in Financing from Marathon Asset Management
Tencent co-invests $29m in automobile news provider Youche Yihou
January 2, 2019 China’s biggest social media and gaming company Tencent has co-invested RMB200 million ($29.07 million) in automobile news and information provider Youche Yihou, China Money Network reported. Other investors in the new round include China’s venture capital firm Plum Ventures, Ningbo Xinmei Asset Management Co., Shenzhen Oriental Fortune Capital Co. and Blueprint Innovation… Continue reading Tencent co-invests $29m in automobile news provider Youche Yihou
Aston Martin revs up audit hunt months after IPO
Aston Martin Lagonda, the luxury car-maker, has kicked off the search for a new auditor less than three months after making a £4bn stock market debut. Sky News has learnt that Aston Martin, which has seen its shares fall sharply since listing in October, has begun contacting accountancy firms about replacing KPMG in the coming… Continue reading Aston Martin revs up audit hunt months after IPO
From VW to Porsche: The Top 10 Car News 2019
Production at VW in Saxony From the outside, the eighth Golf also remains a Golf. Inside is a lot new for the model 8. (Photo: AP) Cologne Bestsellers, real eye-catchers and classics with a fresh inner life – dozens of new car models will be re-launched this year. From golf in the usual look to… Continue reading From VW to Porsche: The Top 10 Car News 2019
WATCH: Bugatti prepares 3D printed brake caliper for series production
In January 2018 performance car brand Bugatti, in partnership with SLM Solutions, unveiled a 3D printed brake caliper. Now, in a new video clip from parent company Volkswagen, the titanium component has been put to the test demonstrating how the company is gearing up towards 3D printing in series production. Large but light A first… Continue reading WATCH: Bugatti prepares 3D printed brake caliper for series production