Continental invests in object recognition start-up

BERLIN (Reuters) – German automotive parts maker Continental AG said on Tuesday it had acquired a minority stake in German-U.S. start-up Recogni, as it deepens its expertise in autonomous driving technology.

The start-up is working on a new chip architecture for object recognition in real time based on artificial intelligence, Continental said, adding that it expects chip architecture rollout production in 2026.

Financial details were not disclosed.

Read the source article at reuters.com

Goodyear tire development program aided by second dynamic simulator

Goodyear is to install a second DiM250 Dynamic Driving Simulator, supplied by VI-Grade, at its Innovation Center in Colmar-Berg, Luxembourg.

Goodyear will use the simulator in conjunction with another DiM250 recently installed at the company headquarters in Ohio, USA. Both innovation sites also have previously installed VI-Grade Compact Simulators to assist with virtual tire development.

Read the source article at Tire Technology International

BFGoodrich Developed Windshield Wipers For Off-Roading

With dust, snow, mud, and water launching just about everywhere, off-roading can be quite a messy affair, which, in my opinion, is all part of the charm. Nevertheless, BFGoodrich has introduced a new set of off-road windshield wipers to make sure your visibility is never compromised. Off-roading is one of those things that can get real expensive real quick. You blink, and suddenly you’ve outfitted your rig with all kinds of cool accessories that you’ve heard you might need.

Read the source article at Jalopnik

Global Automakers Releases 2020 Q4 Sales Numbers

Following our transition into a new year, the Global Automakers of Canada (GAC) has released sales figures for its members in Q4 2020.

Given the disruptions caused by the COVID-19 global pandemic during 2020, OEMs witnessed the shutting down of production facilities in Q1 and Q2, along with parts shortages, new inventory was significantly down during the course of the year.

By the end of 2020, GAC member sales total 900,767 units—a 21.4% decline compared with 2019 which saw 1,146,587 units sold.

Read the source article at Autosphere.ca

Female CMO is new norm

A remarkable shift has been taking place in automaker executive ranks: Women now rule the U.S. marketing world.

In 2018, Joy Falotico took on the chief marketing officer title at Ford Motor Co. The next year, Fiat Chrysler Automobiles tapped Marissa Hunter to fill a new role, head of North America marketing. Months later, Deborah Wahl at General Motors and Angela Zepeda at Hyundai were named CMOs.

Read the source article at Today News Post

US 2020 auto sales slide 15%, but recovery stronger than expected

Pittsburgh — US new vehicle sales are forecast to have fallen about 15% year over year to 14.4 million units in full-year 2020, the lowest total since the beginning of the decade, but the industry’s performance finished the year stronger than anticipated, according to industry analysts.

Cox Automotive said strong December sales boosted the year’s final projection, according to a report Jan. 6.

“The final days of December appear to have been stronger than forecast, and a number of [automotive] OEMs have cited unexpected robust retail activity over the holidays,” said Charlie Chesbrough, Cox senior economist. “There was also no shortage of positive news in the last week of December, and that may have encouraged consumers and lifted sales – passage of the stimulus package, more certainty around the election outcome, coupled with a lot of vaccine news.”

 

Read the source article at spglobal.com

NHTSA issues rule allowing R&D exemptions for U.S. manufacturers

NHTSA has issued a closing rule that may enable U.S. manufacturers of autos and tools to hunt an exemption from federal security requirements for functions of analysis or demonstration, in keeping with a federal document.

The rule permits home manufacturers that produce nonconforming autos and tools to function these merchandise on public roads — probably dashing the event of automated driving techniques and different forward-looking applied sciences within the U.S.

In a press release, the company stated the motion “levels the playing field with importers, which until this rule were the only entities able to obtain these research and demonstration waivers and will help ensure that domestic manufacturers will have the same opportunity to develop and demonstrate automated shuttles and other innovative technologies.”

Read the source article at News Chant USA

Completing merger is just the start for PSA, FCA

PARIS — When Carlos Tavares takes charge of a combined PSA Group and Fiat Chrysler Automobiles this year, he will quickly need to revive the automakers’ fortunes in China, rationalize a sprawling global empire and address massive overcapacity. Tavares has proved his credentials by turning around PSA but he will face an even bigger challenge once the automaker merges with FCA to create Stellantis.

Read the source article at Automotive News Europe

Fiat And Peugeot’s Stellantis Merger Is Good To Go

Fiat and Peugeot’s merger is inevitable, Mitsubishi dealers are very excited about the new Outlander, and Tesla. All that and more in The Morning Shift for December 21, 2020. Reuters had the story in October about the European Union’s final approvals, and Bloomberg says today that the merger officially is good to go. When consummated, FCA-PSA will be the fourth-biggest automaker. It is called “Stellantis” for some reason.

Read the source article at Jalopnik

Tesla's rise made 2020 the year the U.S. auto industry went electric | Reuters

DETROIT (Reuters) – Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric. Tesla’s market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined.

Read the source article at reuters.com