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..
Delphi is taking minority interests in two Israeli companies, as it moves to strengthen its connected-car related products and services. The US-based automotive supplier said it had signed a commercial partnership agreement with otonomo,Â a specialist in monetizing automotive data by way of a digital marketplace. The tie-upÂ will broaden the range of systems and services DelphiÂ can Read More..
General Motors will invest 14 million dlrs and add more than 1,100 jobs to beef up its self-driving technology research in California. The Detroit-based automaker said the investment will go to the Cruise Automation startup it acquired in 2016. “Expanding our team at Cruise Automation and linking them with our global engineering talent is another Read More..
At ZF Friedrichshafen, digitization has a huge influence on the business. In an interview, Chief Digital Officer Mamatha Chamarthi describes the fast pace of cultural change and outlines the close interplay with corporate IT. The stated goal: ZF, one of the world’s biggest automotive suppliers, will increasingly take responsibility for software and system integration â€“ Read More..
US companies are digitizing their operations at a faster pace than their German competitors, according to a new study by the Boston Consulting Group (BCG). In a poll ofÂ 700 executives in the US and Germany, the consultants found that 28 pc of companies in the US could be considered digital leaders, compared with only 21 Read More..
Ford Motor plans to invest 1 billion dollars in artificial intelligence by acquiring a majority stake in Argo AI. The artificial intelligence startupÂ will continue to operate independently from Ford, but the carmaker said Argo AI will play an important role in the development of autonomous-driving technologies. “We believe that investing in Argo AI will create Read More..
Jeff Massimilla was named chief product cybersecurity officer of General Motors (GM) in 2014. His appointment, one of the first of its kind in the global auto industry, underscored the crucial importance of cyber safety for the coming generations of fully connected cars. Massimilla spoke to automotiveIT at the Detroit auto show in January. Excerpts: Read More..
(Bloomberg) –US automobile regulators want passenger cars and light trucks to wirelessly stream data about their movements and monitor other vehicles so they donâ€™t crash into each other. All new light-duty vehicles would be required within four years to be equipped with so-called vehicle-to-vehicle communication systems. The technology will work hand-in-hand with new automated safety Read More..