The Chinese
based car company unveiled its first concept all - electric vehicle on Sunday that it plans to start selling as a production model late next year.
The Korea
based car company who enjoys the second largest market share in the Indian automotive market is expected to bring in the facelift of one of its premium models much sooner than expected.
With a standardly fit diamond grille and taillights that have a new tailored cut, the Mercedes - Benz CLA and CLA Shooting Brake seem fit for the driving performance that the Stuttgart -
based car company has always been so keen on.
Lobbying Neither do the Detroit -
based car companies and the US oil companies operating in Alberta, all of which seem to have positive relationships with the present US Federal and the Canadian National Governments.
Not exact matches
Wrapify,
based in San Francisco and launched in July, takes an idea that's long been in the marketplace — wrapping
cars with
company logos and marketing messages — and drives it into the 21st century.
Virtuo, a Paris -
based mobile
car leasing
company, raised $ 7.5 million in funding ($ 8.9 million) from investors including Balderton Capital.
«There are two ways to connect a
car: There's the original telemetry readings, but the new phase, now that we have 4G is infotainment devices, and the vehicle as a hotspot,» says Larry Zibrik, vice-president of Market Development at Sierra Wireless, a Vancouver -
based company that's become a global leader in the modules that allow machines to communicate over cellular networks.
• Nexar, a San Francisco -
based technology
company building a mobile application that offers insights and alerts about surrounding
cars, raised $ 30 million in funding.
Perth -
based car dealer and logistic
company Automotive Holdings Group has reported a strong rise in statutory net profit on record group revenue, though earnings per share were down slightly.
Emissions Analytics, a U.K. -
based consulting
company, says it has tested the real - world emissions of more than 400 diesel
cars.
The
company started renting space at an incubator in Sunnyvale — a 10 - minute
car ride from Google's headquarters, and just over 20 km from Facebook's new
base in Menlo Park — only to find out that «the city where young developers want to be is San Francisco,» Doerksen says.
• Europcar (ENXTPA: EUCAR) agreed to buy Goldcar, a Spain -
based low - cost
car rental
company, from Investindustrial, according to Reuters.
Although the
company declined to disclose when its self - driving technology will be available for integration, it noted that it's still on schedule to begin rolling out with Cambridge, Mass. -
based self - driving
car startup nuTonomy.
• Knorr - Bremse, a Germany -
based car parts maker, will continue its pursuit of Haldex (OM: HLDX), despite the Swedish
company's management withdrawing its support for a takeover because of expected regulatory opposition to a deal, according to Reuters.
Another example is Austin, Texas -
based software
company Chaotic Moon, which has plans to use Oculus Rift to allow consumers to view and test - drive
cars.
The S7, which was introduced in 2002, is the first
car his
company,
based in Irvine, California, has built from scratch.
Diane Stinson, certified ergonomics professional and president of Calgary -
based company HealthWorks Inc., recommends thinking of your chair as a
car seat.
Perhaps for this reason, many people who invest in start - ups tend to favor
companies that are
based on small, executable ideas over grand strategies like Martian colonization or the resurrection of the electric
car.
This Tempe, Arizona -
based company connects used
car dealerships to people who have less - than - sterling credit histories.
Tech Crunch reported the Chicago -
based company raised $ 5.5 million and can now be found in 2,500
cars in New York City, Chicago, Boston, and Minneapolis.
• FusionZONE Automotive, a portfolio
company of Primus Capital, acquired MotorWebs, a Seattle -
based web design
company focused on
car dealership websites.
Sure, the
cars could represent another avenue (no pun intended) for that
base business, where
companies might be willing to pay for more geographically relevant ads.
Perth -
based technology
company DTI Group has won a contract to provide its surveillance systems to an Irish rail
car operator for an undisclosed sum.
• M ojio, a Canada -
based connected
car cloud platform
company, raised $ 30M CAD ($ 23.2 million) in Series B funding.
Over at the Globe and Mail, I popped in on QNX, the Ottawa -
based software
company owned by smartphone maker BlackBerry, to see what was new and also to see what they thought of the big news of Google's Open Automotive Alliance, which will be pushing Android onto
cars starting this year.
Toronto -
based Entrepreneur Jason Greenspan started his
company thinking it would make cleaning products for
cars.
Element is an asset -
based financing
company; it helps firms pay for equipment, airplanes and rail
cars.
The Los Angeles -
based company used CES as the stage to unveil its highly - anticipated electric concept
car.
Tokyo
based next - generation
car design and manufacturing
company Four Link Systems say they hope Earth 1 will get approval to drive on the roads by March 2018.
Tech entrepreneur Elon Musk has flatly denied «Globes» report that his visit to Israel this week is connected to collaboration between his electric
car company Tesla and Tel Aviv -
based startup Cortica.
The Model 3 is the Palo Alto, California -
based company's fourth
car, after the Roadster sports
car, the Model S sedan, and the Model X sport utility vehicle.
This summer, New York City mayor Bill de Blasio proposed a bill requiring for - hire vehicle
companies that have
bases with 500
cars or more — which includes Uber — to increase their number of vehicles by only 1 % every year.
US -
based pharmaceutical
company Gilead Sciences entered the chimeric antigen receptor (
CAR) T - cell therapy business through its acquisition of Kite Pharma, and Australian biopharma
company CSL Behring acquired US -
based Calimmune, a
company that develops clinical - stage gene therapy solutions.
A year later, he founded Tesla Motors, a Palo Alto, California -
based company that produced the world's first all - electric, zero - emission sports
car in 2010, the same year the
company sold shares in a public offering.
Tesla noted that data from its
cars on the roads were being uploaded to its servers on a regular
basis to help the
company better understand what to do in order to refine the algorithms.
Aston Martin, James Bond's
car brand of choice, aims to lead the luxury EV sector and has teamed up with Beijing -
based technology
company LeEco to develop an electric sedan, the Aston Martin RapidE, which is expected to hit markets in 2019, CEO Andy Palmer told CNBC.
A generation that's been stereotyped as urban, single and aghast at the idea of a
car -
based life in the suburbs is starting to age, prompting fund managers to bet on
companies that should benefit if the U.S. birth rate reverses a six - year slump.
Tesla CEO Elon Musk has recently unveiled that his
company aims to bring out an urban bus, a new pick - up truck and a
car - sharing system
based on autonomous vehicles.
Anheuser - Busch birthed the global beer industry and Purina the worldwide pet food market; Energizer batteries and the largest
car rental
company, Enterprise, launched in St. Louis; and say what you want about GMO crops pending your politics, but St. Louis -
based Monsanto has ensured for a generation of food production while global farmland dissipates and worldwide population numbers soar.
These installations, however, turned out to be exclusive only to select employees of the California -
based electric
car and energy
company.
In addition, late last week, Target announced it has promoted marketer Rick Gomez to the CMO slot, replacing Jeff Jones, who spent four years with the Minneapolis -
based retailer before moving on to Uber, the
car - sharing
company, in the fall.
Bengaluru -
based aftersales
car service provider Pitstop has raised $ 1.6 million (Rs 10.6 crore) in a pre-Series A round of funding from existing investors led by Singapore -
based Goldbell Group and Blume Ventures, a
company statement said.
The news comes just days after Uber announced that it was testing its self - driving
cars on the streets of Pittsburgh, the home of the
company's Carnegie Mellon -
based research and development center.
AutoNation's used -
car focus and one - price strategy is working, CEO Mike Jackson said Tuesday, following the Fort Lauderdale -
based company's announcement of a first - quarter revenue increase of 2 percent and same - store gross profits up 9 percent.
Tesla Semi rival Nikola Motors has filed a $ 2 billion lawsuit against the California -
based electric
car and energy
company.
The Haifa -
based company has developed end - to - end solutions for autonomous
cars and trucks, robots and drones.
The dealer gets a loan from a financing
company,
based on the value of the
cars.
By contrast, Alphabet's self - driving
car division, Waymo, is building some of its own hardware, like the laser -
based radars called lidar, in a bid to supply carmakers and other self - driving technology
companies.
Based on Tesla's previous estimates for the release of the Model 3, the
company is slated to deliver the first configuration of the
car on time.
On an industry
basis,
car makers suddenly started disclosing more currency moves during the quarter, with 16
companies mentioning their results had been affected.