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Category Archives: mobility company
JLR to Use Irish Smart City Hub for Self-Driving Tests?
Timing is everything. Amid the Brexit disaster, Jaguar Land Rover is working with global software, mobility and telecoms companies to create a smart city hub in Ireland. If this ever comes about on the scale envisioned, it will allow real-world testing of connected technology where self-driving vehicles share the streets with cars, pedestrians and cyclists. The testbed will be in the Limerick-Shannon metropolitan area at Shannon Free Zone, Shannon, Co. Clare. The future of Irish trade, political sovereignty and access to the EU is dependent on the resolution of Brexit. Jaguar Land Rover is the UK’s largest automotive manufacturer. Continue reading
General Motors to Add 3000 New Jobs to Advance Virtual Testing and Software Skills
“As we evolve and expand our software expertise and services, it’s important that we continue to recruit and add diverse talent,” said GM President Mark Reuss. “This will clearly show that we’re committed to further developing the software we need to lead in EVs, enhance the customer experience and become a software expertise-driven workforce.” Continue reading
Toyota Sustaining Some Profits During FY 2021 Covid Crisis
In Japan this morning Toyota Motor said that during the first half of Fiscal Year 2021* during the Covid Crisis that profits were maintained even though sales, operating income and margins dropped drastically. Furthermore a special dividend would be declared that appears risky given the ongoing spread and re-emergence of Covid in most of its major markets. Continue reading
Leasys Tweaks Noleggio Chiaro with ‘Light’ Model
The new Noleggio Chiaro light allows customers to rent a vehicle at a competitive monthly fee with a minimum set of services, which include Third-Party Liability (TPL) insurance, roadside assistance, I-Care info-mobility service and the customary use of the Leasys app to manage the contract from a smartphone. This package of essential services allows customers to benefit from the right of pre-emption to buy the vehicle at the end of the rental period. Continue reading
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Tagged auto industry commentary, autoinformed.com, FCA Bank, Ken Zino, Noleggio Chiaro
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New Mercedes-Benz Strategy Aimed to Help Higher Profits
This follows the Q2 Daimler disaster. The COVID pandemic or the Grim Reaper saw a decline in demand for cars, vans, trucks and buses. Group total sales decreased by -34% to 541,800 cars and commercial vehicles (Q2 2019: 821,700). Revenue slipped significantly by -29% to €30.2 billion (Q2 2019: €42.7 billion). EBIT was minus -€1,682 million (Q2 2019: minus -€1,558 million). Adjusted EBIT was -€708 million (Q2 2019: plus €2,447 million). Continue reading
Honda, GM Ink MoU on North American Alliance!
While this is consistent with an industry trend to share ruinous development costs on future CO2-free vehicles, the vast financial resources of both global automotive giants underscore the severity of the problem that automakers face. For some companies mergers will be the only way to survive if they survive at all. Continue reading
Toyota and Amazon Web Services Working on Connected Cars, Ridesharing, Driving Behavior-Based Insurance…
It’s the latest example of an emerging trend among automakers to offer owners and lessees thus far unclear advantages of processing and analyzing data from vehicle use from Toyota’s growing worldwide fleet of connected vehicles. Nowhere in the announcement was an acknowledgement that the use of such customer data raises vast unaddressed privacy, security and law enforcement concerns. Continue reading
Milestones: Intelligent Traffic Management Now Deployed at Center for Applied Research in Reno Nevada
One reason the lidar sensors have been placed at crossing signs and intersections is because lidar used today does not allow for facial recognition. In theory smart by anonymous city applications can preserve trust among the public. However, the US is far from even thinking about privacy, let alone articulating a policy about private data use as evidenced by Google and Twitter and Facebook among many other rich and powerful corporations that own politicians. Continue reading
Cadillac LYRIC – Taking Back the Luxury EV Lead?
“You can tune the car to the personality of the customer. The Lyric will continually get better throughout the ownership experience… the vehicle you drive today may not be what you want to drive tomorrow which we can change with over the air technology. If I had one word to describe it, I would say personal,” Reuss concluded. Continue reading
Chinese CATL and Honda Alliance to Make EV Batteries, Technology and Maybe Autonomous Vehicles
The companies said the agreement will enable them to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries. Honda is spreading the risk and costs and hedging its bets on battery electric vehicles, the development of which is threatened by the ongoing Covid crisis that has already cost automotive companies billions of dollars. A key byproduct of EVS is autonomous vehicles – which may not justify the investment required for a decade or more. Continue reading
Ford Motor in Corktown and Newlab Working on – What Else – Vehicle Connectivity, Autonomy and Electrification
Two years ago, pre-Covid, but nevertheless financially challenged Ford bought 1.2 million square feet in Corktown, Detroit’s oldest neighborhood, including the historic Michigan Central Station, with plans to establish a new mobility innovation district dubbed Michigan Central. Mostly press releases have followed since then. Continue reading
Ford Embraces Paris Climate Agreement Globally
This promise came as Ford released its 21st annual Sustainability Report. Ford is also working with California for stronger vehicle greenhouse gas standards. Ford did not mention its current financial crisis that resulted from the Corona virus plague. Continue reading
BMW and Mercedes-Benz Stop Automated Driving JV
In what appears to be the automotive equivalent of marriage counseling or an analysis of the financial aspects of a pre-nup, the companies said: Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths – which may also include working with current or new partners. Continue reading
Milestones: Volkswagen Completes Promised Argo AI Funding
The numerous problems confronting Ford Motor and Volkswagen AG revolve around a central issue: Whether the two global giants and hundreds of thousands of workers can work together or consume shareholder capital at astonishing, company threatening rates without producing the promise efficiencies – on time and on budget. Continue reading
Vijay Sankaran Rejects Information Officer Job at Ford
Ford has previously said that Sankaran, 47, had accepted an offer to become Ford’s chief software and information officer beginning this week, after serving seven years with TD Ameritrade. Continue reading →