Porsche acquires 10 pc of Inrix

Volkswagen Group wants to invest in connectivity (Photo: VW)

Porsche Holding has acquired a 10 pc stake in Inrix, underscoring the importance of connected information for the¬†Volkswagen Group. Citing the quickly growing need for traffic-related information and data-based solutions, Porsche board member Philipp von Hagen said: “We see a tremendous potential in this segment of the automotive value chain.” Von Hagen, who is in […]

Study: Consumers warm to usage-based insurance

73 percent of fleet manager say commercial auto
insurance is extremely
important (Source: LexisNexis)

Consumers in the US are growing more comfortable with usage-based insurance policies, according to a new study. According to the 2014 ¬†LexisNexis Insurance Telematics Study, insurance rate discounts are still the main driver for consumers, but other factors are starting to play a role in increasing acceptance levels. Safety and security considerations are a major […]

Inrix, PTV cooperate on smart-city mobility

Inrix …. (Photo: Inrix)

PTV and Inrix plan to work together to provide modeling software to address mobility issues in smart cities. PTV, a Germany-based logistics software group, and Inrix, a provider of real-time traffic information, said the cooperation will combine PTV’s analytics tools with the traffic data gathered by Inrix. In addition, the two companies will jointly market […]

AT&T offers 6 apps for connectivity platform

AT&T directly addresses the needs of the auto industry at its At&T Drive studio (Photo: ATT)

AT&T is offering carmakers six new voice-enabled apps that will add features such as weather forecasts, parking updates and personalized radio to its its connected-car platform. The US wireless company said the apps were developed by¬†AccuWeather, Glympse, iHeartRadio, Stitcher, Streetling and Tribune Digital Ventures. ‚ÄúEach of these apps provides an enhanced in-car experience for users […]

Connectivity market set to soar, but data security is big worry

Daimler is one carmaker that uses advanced connectivity functions to test autonomous driving (Photo: Daimler)

The market for networked mobility products and services is set to almost quadruple between 2015 and 2020, but data security¬†issues will become a big problem once more cars are connected, according to a new study. The study projects that the market for networked mobility will grow to 115.2 billion euros by 2020 from 31.87 billion […]

Continental hires Google exec for new Silicon Valley unit

Former Google executive Oz will head Continental's new Silicon Valley unit(Photo: Continental

Continental is setting up a beachhead in Silicon Valley, in a move to make sure it is part of a growing automotive and IT community in California mapping out the future of personal transportation. The Hanover-based automotive supplier said it is putting together an international team of specialists who will focus on intelligent transportation systems […]

Strong growth seen for user-based insurance

sss (Photo: AA)

User-based insurance (UBI)¬†is set to continue its strong growth and is on its way to become an essential part of the insurance industry’s offerings, according to a new report published by market researchers Aite Group. This will provide opportunities for specialist providers that can help the insurance industry build suitable products. “The combination of broader […]

IAA Commercial Vehicles – Hanover

The IAA features demonstrations of the latest trucking technologies (Photo: IAA)

The Hanover commercial vehicles¬†fair (IAA) will take place September 23 through October 2. The show, which is held every other year, kicks off with two press days, Sept 23 and 24, before opening to the public Sept. 25. The fair will highlight the importance of road transportation for the European economy. At a press seminar […]

Handelsblatt Automotive Summit – Munich

handelsblatt.automotiveIT

The Handelsblatt Automotive Summit, which features presentations by several German automaker CEOs, will be held in Munich October 30 and 31. Volkswagen Group CEO Martin Winterkorn and Daimler CEO Dieter Zetsche will be among the speakers, as will Opel CEO Thomas Neumann, Volvo Cars chief¬†Hakan Samuelsson and Continental boss¬†Elmar Degenhart. The annual conference, which is […]

Cisco: cyber-security threats require high-level attention

Cisco's mid-year report looks at the state of cyber security in the 1st half of 2014 (Photo: Cisco)

As companies look to defend themselves against high-profile digital threats, cyber criminals are exploiting other, less obvious weaknesses in companies’ IT landscape, according to a new report published by Cisco. A focus on well-publicized, high-profile vulnerabilities rather than on “high-impact, common and stealthy threats” increases the risk that cyber criminals will be successful using these […]