Analysis: VW struggle reflects wider auto-industry dilemmas

Piech (l), Winterkorn and German Chancellor Angela Merkel in more harmonious times (Photo: VW)

The resignation of Ferdinand Piech late Saturday as chairman of the Volkswagen Group’s supervisory board doesn’t just mark the end¬†of a tumultuous and expansionist¬†chapter in the history of Europe’s largest carmaker. It also highlights some of the mega-issues VW and the entire auto industry face as they prepare for a radically different era of personal […]

Piech resigns as VW Supervisory Board chairman

Ferdinand Piech (Photo: VW)

Ferdinand Piech resigned Saturday¬†as head of the Volkswagen Group supervisory board, seemingly bringing to an end a two-week battle over who’s in control¬†at Europe’s largest automotive group. “The members of the Executive Committee have unanimously determined that in view of the background of the last weeks the mutual trust necessary ‚Äéfor successful cooperation no longer […]

Survey: Cloud security moves up the priority list

Policy violations often lead to security breaches (Photo: Netskope)

Security concerns are growing over cloud-based applications used by industrial companies and other businesses, according to a new Netskope survey. The cloud security specialist said that, following recent security breaches at major corporations such as Sony and JP Morgan, a growing number of CEOs and other top executives have inquired with their IT teams about […]

Ghosn reaffirms Renault-Nissan roadmap for autonomous driving

Nissan (Photo: Nissan)

Carlos Ghosn reaffirmed his commitment to have “a complete package of autonomous drive technologies” on Renault and Nissan vehicles by 2020, but repeated his expectation that driverless cars are at least a decade away. The Renault-Nissan CEO said, in a piece written for LinkedIn, that his two car brands will in 2018 introduce technology that […]

Sharp growth seen for Apple CarPlay, Android Auto

The survey shows that car radio continues to be one of the most popular infotainment features (Photo:GM)

Apple and Google are set¬†to take a sharply bigger chunk of the automotive connectivity market in the next five years,¬†according to a study by market researchers IHS Automotive. The report projects that Android Auto, Google’s technology to connect smartphones to in-car infotainment, will be in 31 million new cars by 2020, up from an expected […]

VW board committee confirms Winterkorn as CEO

Martin Winterkorn (Photo: VW)

Volkswagen CEO Martin Winterkorn is “the best possible chairman of the board of management,” the Executive Committee of the carmaker’s Supervisory Board said in a statement Friday. The announcement comes after Supervisory Board Chairman Ferdinand Piech last week expressed reservations about Winterkorn’s leadership. Piech is head of the Porsche-Piech family, which owns more than half […]

German companies under (cyber) attack

(Photo:Symantec)

More than half of all German industrial companies have been the object of industrial espionage, sabotage or data theft in the past two years, according to a study by the country’s high-tech association, Bitkom. The study, which polled senior managers at 1,074 companies, found that car companies are most frequently targeted, followed by the chemical […]

Who would buy Nokia’s HERE mapping unit?

Maps will be more important for autonomous cars (Phote: Nokia)

Nokia is considering the sale of its mapping unit, HERE, following its announcement of plans to acquire Alcatel-Lucent. The Finland-based telecommunications equipment maker said in a statement that it had “initiated a review of strategic options, including a potential divestment” of its HERE business. HERE is the navigation, mapping and location intelligence business built on […]

New US industry group calls for smarter transportation

The coalition says smarter transportation can address infrastructure proboems (Photo: US Administration)

A newly formed group of industry executives called on the US Congress to step up efforts to forge a smarter transportation infrastructure in the country. “For the United States to stay competitive in today’s global economy, it is critical that our nation invest more heavily in transportation research, technology and innovation,” the group, which is […]

Nokia, Alcatel-Lucent to create new connectivity mega-player

Nokia, Alcatel-Lucent see demand for combined product offering (Photo: Microsoft, Alcatel-Lucent)

Nokia and Alcatel-Lucent, citing complementary product portfolios, said they are planning a merger that aims to create a new company that is well positioned for “an IP connected world.” “Together, Alcatel-Lucent and Nokia intend to lead in next-generation network technology and services, with the scope to create seamless connectivity for people and things wherever they […]