Europe has managed to extend its leadership position in implementing Internet of Things (IoT) technologies, with the help of more pilot projects and higher investments, according to a new report. A study by management consultants Bain & Company says companies in Europe are implementing IoT technologies three times faster than the average competitor in the Read More..
Most US companies expect to maintain or increase headcount as more tasks are automated. According to a poll of 1,500 US employers by the Manpower Group, 91 percent don’t see any negative impact on staff levels resulting from automation. A mere 4 percent said they expected job losses. The results of the study conducted by Read More..
PSA Group, which retreated from North America in 1992, announced three years ago that it was coming back. The first phase of a 10-year plan started late last year and the French automotive group is getting ready for the next step. PSA didn’t opt for a traditional market-entry strategy, which would involve establishing a dealer Read More..
Premium car group Daimler and automotive supplier Robert Bosch will start testing an on-demand ride hailing service that will use highly and fully automated Mercedes S-Class vehicles in San Jose, California. The tests are set to begin in the second half of 2019. The two partners said they will offer the service to a “selected Read More..
Carmakers are expanding technology and IT offices in Silicon Valley, and tasking them with functions that are different from the roles played by traditional R&D centers Silicon Valley has a long history in the transport industry stretching back nearly a century, notably in aerospace, aeronautics and defense. Along with the private sector, government and military Read More..
Ubimax, developer of wearables and augmented reality (AR) products, has announced a strategic co-operation with DAQRI, maker of AR glasses. DAQRI, based in Los Angeles and Dublin, is to provide its AR hardware for Ubimax Frontline, an AR software stack. A successful proof of concept trial has been carried out at a Daimler facility in Read More..
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..