T-Mobile US and Sprint announced over the weekend that they plan to merge the two wireless companies, creating a new and bigger competitor to established players in the US wireless market. Pending regulatory approval, T-Mobile will take over Sprint in an all-stock transaction that will create a company with annual revenue of $53-$57 billion and Read More..
In an interview, Daimler’s head of innovation discusses agile processes, the potential of new technologies and the new business models under consideration.
BMW became the latest major car brand to offer a subscription to its vehicles rather than selling or leasing them to customers. The German premium brand said it had launched a pilot program in Nashville, Tennessee, to see whether subscriptions are a viable business model in today’s car market. Mercedes-Benz, Porsche and other brands are Read More..
Schaeffler has opened an office in Silicon Valley, hoping to foster tighter relationships with the regional high-tech industry as the auto industry changes. The large German automotive supplier said the San Jose office will work with start-ups and other technology partners to improve existing products and define and develop new tools and methods. Philip George, Read More..
Ford Motor has built a development platform aimed at guiding along the use of drones in a variety of settings. The carmaker said the customizable lets it test how drones and vehicles could work together. “Our customers are beginning to think about drones as tools to help get their jobs done, the same way they Read More..
Cox Automotive has launched a new connected retail platform that offers a set of online tools to improve the car buying process. The US car retailer said the platform, which is called Accelerate, will make car buying faster, easier and more enjoyable. It will also save consumers time at the dealership, Cox said. Accelerate is Read More..
The 2018 Camry will be the first Toyota vehicle to have the Automotive Grade Linux (AGL) platform underpinning its next-generation infotainment system. AGL, an open source project hosted by the Linux Foundation, is developing a common platform for car infotainment systems and enhanced connectivity that functions as an industry standard. â€œThe flexibility of the AGL Read More..
Renault plans to acquire a French R&D division from Intel, giving the French carmaker deeper expertise in key digital technologies. The R&D unit specializes in embedded software, which is important for the development of connected and autonomous cars. Renault said the acquisition, set to be finalized this year, will bring more than 400 software experts Read More..
Ford Motor announced Monday that its CEO, Mark Fields, is being replaced, following a sharp decline in the carmaker’s share price over the past two years. Fields, who took the helm at Ford in January 2014, will be succeeded by Jim Hackett, the former Steelcase CEO who currently is in charge of Ford’s smart mobility Read More..
A US survey found that a majority of people remains hesitant to buy an electric car, despite the auto industry’s commitment to building a growing range of electric vehicles in coming years. The poll, conducted by the web site Driving-Tests.org, asked 10s of thousands of visitors to its site whether they would consider buying an Read More..