News

Smith System Driver Improvement Institute, Inc. (?Smith System?), a portfolio company of Levine Leichtman Capital Partners, LLC (?LLCP?), announced today that it has acquired Driving Dynamics, Inc. (?Driving Dynamics?).

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Over the past few years, Mobileye has been developing a new technology to help autonomous vehicles sense and understand their environment ? regardless of weather, lighting or road types ? in addition to the company?s renowned camera-based perception systems. Known as software-defined imaging radar, or 4D radar

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Wolfspeed, Inc., announced the company will be supplying Silicon Carbide devices to power future Mercedes-Benz? Electric Vehicle (EV) platforms, enabling greater efficiency in the powertrain. Wolfspeed?s semiconductors will be incorporated into next generation powertrain systems for several Mercedes-Benz vehicle lines

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Pony.ai, a leading global autonomous driving technology company, announced that it has been issued a fully driverless autonomous vehicle road test permit by the Beijing Intelligent Connected Vehicle Policy Pilot Zone. With this new permit, Pony.ai will deploy ten driverless robotaxis for testing in challenging urban traffic scenarios across

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NVIDIA and Hon Hai Technology Group (Foxconn), the world?s largest technology manufacturer, today announced a strategic partnership to develop automated and autonomous vehicle platforms. As part of the agreement, Foxconn will be a tier-one manufacturer, producing electronic control units (ECUs) based on NVIDIA DRIVE

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With the continuing worldwide efforts to practice social distancing, we are seeing widespread cancellations of trade shows and conventions, an important and personal touchpoint for businesses to reach their intended audiences. CEO Barry Allen of Calgary-based tech company PureWeb was happy to announce a solution to empower businesses to provide a similar rich and immersive experience online through PureWeb's publishing technology. Using Amazon Web Services, PureWeb can publish high-powered, interactive 3D creation technology to any device anywhere in a matter of weeks.

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Volkswagen AG and Ford Motor Co are expected to unveil an alliance on Tuesday that combines forces on commercial vehicles and is likely to expand into joint development of electric and self-driving technology, moves meant to save the automakers billions of dollars.

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German automaker Volkswagen said Monday its factory in Tennessee will be the focus of an $800 million investment in the company's manufacturing of electric vehicles in North America, a sign of a growing push into the electric car market by European companies.

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Cadillac is expected to become General Motors Co?s (GM.N) lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc (TSLA.O), two people briefed on the matter said Thursday.

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Volkswagen AG and Ford Motor Co will unveil a deeper alliance next week that goes beyond cooperating in commercial vehicles in a move meant to save the automakers billions of dollars as they develop new technologies, two people familiar with the plan said on Wednesday.

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Toyota Motor Corp (7203.T) said Wednesday it is recalling another 1.7 million vehicles worldwide for potentially faulty Takata air bag inflators as part of a multi-year industry recall campaign announced in 2016.

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Genuine Parts Company announced today that Alliance Automotive Group (AAG), the Company's wholly-owned automotive distribution company based in London, U.K., has completed the acquisition of German Hennig Fahrzeugteile Group, effective today.

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Pugh Lubricants, Apollo Oil, and Veteran's Oil ("Pugh-Apollo-Veterans") joined to become a leading distributor of lubricants, fuel, antifreeze, and diesel exhaust fluid in 2017.

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German luxury carmaker Daimler (DAIGn.DE) will invest 500 million euros ($573 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move that will create more than 200 jobs.

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Ford Motor Co (F.N) said on Monday it plans to roll out a wireless technology for its new vehicle models in the United States, starting 2022, that will allow direct communication between connected devices.

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