| auto |
Toyota to move Tacoma truck production to Mexico from US
January 19, 2020
WASHINGTON: Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America.
The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans.
Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021.
Toyota has been building Tacoma trucks"...
Fiat Chrysler considering Foxconn JV on e-cars
January 18, 2020
Rome: Fiat Chrysler Automobiles (FCA) said on Friday it is in talks with Taiwanese electronics manufacturer Foxconn over a joint venture to produce electric cars in China.
What is at stake is “an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet of Vehicles) business,” FCA said.
“The parties are in the process of signing a preliminary agreement which will govern further discussions aimed at reaching final binding agreements"...
Hyundai E&C wins $526m Lusail towers deal
January 16, 2020
Hyundai Engineering and Construction Company (Hyundai E&C), a major South Korean builder, said it has been awarded a 609 billion won ($526 million) contract to build two towers in Qatar. Hyundai E&C said it has received a letter of award from Qatar's Lusail Real Estate Development Company for a project to build two of four Lusail Plaza Towers, a Yonhap news"...
FLIR Systems and ANSYS to Speed Thermal Camera Machine Learning for Safer Cars
January 8, 2020
FLIR Systems, Inc. (NASDAQ: FLIR) and ANSYS (NASDAQ: ANSS) are collaborating to deliver superior hazard detection capabilities for assisted driving and autonomous vehicles (AVs) — empowering automakers to deliver unprecedented vehicle safety. Through this collaboration, FLIR will integrate a fully physics-based thermal sensor into ANSYS’ leading-edge driving simulator to model, test, and validate thermal camera designs within an ultra-realistic virtual world. The new solution will reduce original equipment manufacturers’ (OEM) development time by optimizing thermal camera placement for use with tools such as automatic emergency braking (AEB), pedestrian detection, and within future AVs. Having the ability to test in virtual environments complements the existing systems available to FLIR customers and partners, including the FLIR automotive development kit (ADK™) featuring......
New Shared Mobility Concept, Luxoft HALO, Introduces a Revolutionary Digital, Consumer-Grade In-Vehicle Experience
January 3, 2020
Luxoft, a DXC Technology Company (NYSE: DXC), today in collaboration with LG Electronics, Amazon and Mapbox unveiled Luxoft HALO, the company’s latest shared mobility concept featuring a revolutionary digital, consumer-grade in-vehicle experience. Luxoft HALO will be formally debuted at CES® 2020, Jan. 7-10, 2020, Las Vegas, NV. At home, consumers expect their digital experiences to be simple, convenient and accessible at any time across a range of devices. Increasingly, consumers also expect access to their favorite content and services, in the vehicle and on the go. Luxoft HALO shared mobility concept demonstrates how all consumers’ mobility needs can be seamlessly integrated with their personal digital lifestyle. ”Together with our key partners, we can now deliver a complete, highly personalized and intelligent in-vehicle consumer-grade experience, powered by webOS Auto, the platform for shared and intelligent mobility,” said Vildan Hasanbegovic, director of partnerships and head of marketing at Luxoft Automotive. ”It’s an......
Velodyne Lidar Advances Driver Safety with New Products at CES 2020
December 31, 2019
Velodyne Lidar, Inc. will introduce and demonstrate its groundbreaking new lidar sensor technology at CES 2020 in the Las Vegas Convention Center North Hall – booth #7520. Velodyne will highlight its lidar technology that enables high-level Advanced Driver Assistance Systems (ADAS) for safe navigation and collision avoidance, all within compact form factors. Velodyne will host an in-booth press conference to announce a breakthrough lidar sensor that sets a new industry benchmark for size, versatility and affordability, exciting new ADAS software, partnerships and customer relationships on Tuesday, January 7, at 11:00 a.m. PST. Velodyne will demonstrate how its lidar sensors and Vella™ software can be applied to create powerful ADAS solutions with improved safety, including pedestrian and bicyclist avoidance, lane keeping assist, automatic braking and more. Employing lidar, along......
Nissan picks Sakamoto as board of directors candidate
December 30, 2019
TOKYO: Nissan Motor Co has selected executive officer Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation of vice-chief operating officer Jun Seki earlier this week.
Sakamoto, who was named an executive officer in June and has been an executive vice president since 2014, is responsible for manufacturing and supply chain management at Japan’s No 2 automaker. Nissan will hold an extraordinary shareholder meeting on February 18, where his appointment"...
Oman automobile sales in top gear
December 30, 2019
Muscat: There has been a year-on-year increase in the number of new vehicles registered in Oman, corresponding to a rise in the number of cars sold in the Sultanate.
According to data released by the National Centre for Statistics and Information (NCSI), there were 1,520,910 vehicle registrations recorded in the country as of June 2019, a 3.5 per cent increase over June 2018. At the end of last year, there were 1,495,686 vehicles registered in the Sultanate.
In May 2019, the number of vehicles registered"...
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