Tag Archives: Ford

Autonomous-Car Sensor Maker Velodyne Receives $150 Million Investment

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The $150 million investment will allow Velodyne to expand development and drive down cost LiDAR sensors Ford Motor Co. and Chinese web-service provider Baidu Inc. are leading a $150 million investment in laser-sensor maker Velodyne Inc., the latest in a series of bets being placed by car makers and tech companies to advance autonomous-driving technology. The investment will allow the California-based Velodyne to expand

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Philippines July 2016 Auto Sales Posts 22 percent growth

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The Philippine Automotive Industry has set a new sales record for the month of July. In a report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and Truck Manufacturers Association (“TMA”), sales for the month of July reached 29,967 units. Last month’s performance is 22 percent higher than July 2015 which

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China Auto Sales Driven by Demand for Small-Mid size SUVs

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China’s passenger-vehicle sales accelerated the most in 17 months, as General Motors Co. and Guangzhou Automobile Group Co. boosted deliveries and dealers offering discounts helped clear inventories in the world’s biggest auto market. Deliveries for GM increased 18 percent to 270,529 units in July, while Ford Motor Co.’s rose 15 percent to 88,189 vehicles. Toyota Motor Corp.’s sales gained 5.7 percent

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Flexible Labor Laws Drive Automakers to Spain

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Germany’s Volkswagen AG and Daimler AG have recently ramped up their production capacity in Spain, encouraged by relatively flexible labor laws and a vast network of local parts suppliers. The country has become Europe’s second-largest producer of vehicles behind Germany, and the eighth-biggest in the world. Spain’s appeal comes largely from labor reforms enacted in 2012. The reforms made it

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Automakers Catches Olympics Fever

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Followed by billions of sports enthusiasts across the globe both on TV and online the Olympics make for a supreme viewing experience – totally unsurpassed in terms of the variety – there is truly something for everyone. Rights are offered in 43 countries and territories within the region, covering exclusive free-to-air television and radio rights, alongside non-exclusive internet and mobile rights.

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Ford & Carhood Car-Sharing Service Launch Airport Scheme

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Ford Australia is joining airport-parking and car-sharing service Carhood to help customers turn airport parking fees into a profit. Ford becomes the exclusive automotive partner to Carhood, which provides free parking and a share of the profits if the vehicles are hired to other customers at airports in three major cities. Participants also get complementary curbside chauffeur service and a car wash.

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Apple hires Founder of QNX Software

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Bloomberg is reporting Apple hired former BlackBerry employee and co-founder of QNX Dan Dodge, who will work in the software team of Apple’s automotive project. Dodge co-founded QNX in 1980, which was later sold to Harman International in 2004 and then to BlackBerry in 2010. At Apple, Dodge will reportedly work on the software team of Project Titan and report

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Ford and MIT’s Electric Shuttle Experiment

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Ford Motor is unleashing electric vehicles onto the Massachusetts Institute of Technology campus. Students and faculty will be able hail these cars via mobile app in order to shuttle them to and from class. It sounds a lot like Uber and Lyft. But that’s not exactly what Ford is aiming for—at least not initially. The electric shuttles, which will be

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