Carmakers FCA and Renault to go public on tie-up talks

MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm tie-up talks on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture taken May 19,… Continue reading Carmakers FCA and Renault to go public on tie-up talks

Klaus Rosenfeld: Schaeffler’s CEO is preparing for an uncomfortable time

Klaus Rosenfeld The Chairman of the Supervisory Board of Schaeffler: “No time to lose.” (Photo: AP) Munich Klaus Rosenfeld makes no secret of his impatience. “We have no time to lose. It is time to act, “he wrote Schaeffler– Chairman in a wake up call to his executives. The times are tough “and will probably… Continue reading Klaus Rosenfeld: Schaeffler’s CEO is preparing for an uncomfortable time

FCA and Renault to go public on potential tie-up

MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm talks on a potential tie-up on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture… Continue reading FCA and Renault to go public on potential tie-up

SAE’s Autonomous Vehicle Engineering on New LiDAR Performance Metrics

In the May 2019 issue of SAE’s Autonomous Vehicle Engineering (AVE) magazine, AEye’s technical product manager, Indu Vijayan, argues that conventional metrics used for evaluating the unique capabilities of more advanced lidar systems are inadequate, failing to address real-world driving problems facing autonomous vehicles. In ‘New Performance Metrics for Lidar,’ Indu proposes that new measurements, such as object revisit rate and instantaneous (angular) resolution, are more advantageous for autonomous vehicle development.

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SAE's Autonomous Vehicle Engineering on New LiDAR Performance Metrics — AEye Team Profile: Indu VijayanDeconstructing Two Conventional LiDAR Metrics, Part 2Deconstructing Two Conventional LiDAR Metrics, Part 1AEye Expands Business Development and Customer Success Team to Support Growing Network of Global Partners and CustomersAEye Team Profile: Dr. Allan SteinhardtLeading Global Automotive Supplier Aisin Invests in AEye through Pegasus Tech VenturesAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARGartner Names AEye Cool Vendor in AI for Computer VisionLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS Market

Fiat Chrysler and France’s Renault are in talks to form a partnership

A row of Fiat Chrysler Automobiles (FCA) 2017 Crysler Pacifica minivan vehicles are displayed for sale at a car dealership in Moline, Illinois, on Saturday, July 1, 2017.Daniel Acker | Bloomberg | Getty ImagesFiat Chrysler and Renault are in discussions to form a partnership, a source familiar with the talks told CNBC.
The Italian-American and French automakers are looking at a number of opportunities that would have the companies working together in the future, the source said.
It is unclear if a partnership between the two automakers would lead to Fiat Chrysler eventually joining the Nissan-Renault-Mitsubishi alliance.
Fiat Chrysler declined CNBC's request for comment. Renault could not be immediately reached for comment.
The Financial Times first reported the story.
Back in March, The Financial Times reported that Renault planned to take up merger talks with Nissan within the year, and then potentially acquire Fiat Chrysler.
Fiat Chrysler's chief executive, Mike Manley, previously told the FT: “If there's a partnership, merger, relationship that makes us stronger, then I'm absolutely open to looking at it.”
If Fiat Chrysler is added to the Renault-Nissan-Mitsubishi Alliance, which dates back to 1999, it would become the largest global carmaker, with 15.6 million combined sales a year. The current leader, Volkswagen, sold 10.8 million last year.

Fiat Chrysler in talks over ties with Renault: source

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Italian carmaker Fiat Chrysler Automobiles NV is in talks to form ties with Renault SA, a person familiar with the matter said on Saturday. It was too… Continue reading Fiat Chrysler in talks over ties with Renault: source

Change of leadership at the car company: buckle up, please! Will Ola Källenius succeed in the radical reconstruction of Daimler?

Ola Källenius The new head of Daimler should make the group an efficient mobility service provider. With the transfer of Zetsche to Källenius, the Group is once again facing a challenge. Does the pattern manager have enough rigor, vision and willingness to change? Infographics: How Daimler stands in comparison to BMW and VW and what… Continue reading Change of leadership at the car company: buckle up, please! Will Ola Källenius succeed in the radical reconstruction of Daimler?

Zoox Board Appoints Aicha Evans as CEO – GlobeNewswire

FOSTER CITY, Calif., Jan. 14, 2019 (GLOBE NEWSWIRE) — Autonomous mobility developer Zoox, Inc. today announced that Aicha Evans, former Senior Vice President and Chief Strategy Officer at Intel Corporation, will join Zoox as its Chief Executive Officer and a member of its Board of Directors starting February 26.Evans comes to Zoox after spending 12… Continue reading Zoox Board Appoints Aicha Evans as CEO – GlobeNewswire

Ford Cuts To Grow. Sears Cuts To Die. – Forbes

Ford Motor Company recently announced dramatic cuts in staff. Sears Holdings has been doing so for years. What’s the difference? Ford cuts to transform and grow. Sears cuts to survive— and die. DETROIT, MI-JANUARY 14: Ford Motor Company President and CEO James Hackett speaks at the debut of Ford vehicles at the 2018 North American International… Continue reading Ford Cuts To Grow. Sears Cuts To Die. – Forbes

Five millionth compact vehicle from Rastatt: Start of Production of the new A-Class Sedan

More than five million Mercedes-Benz compact vehicles “Made in Rastatt” since 1997. The A-Class Sedan is now being built at the Mercedes-Benz plant in Rastatt on the same line as the A-Class and the GLA. Flexible, resource-conserving and energy-efficient production of four compact models is now in operation at the Mercedes-Benz plant in Rastatt, in… Continue reading Five millionth compact vehicle from Rastatt: Start of Production of the new A-Class Sedan