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Alliances & Acquisitions

GENIVI Alliance working on Vehicle Domain Interaction Strategy

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The GENIVI Alliance is working on a Vehicle Domain Interaction Strategy focused on developing open standard interfaces and code that will define the necessary paths bridging multiple car software domains. The new GENIVI Vehicle Domain Interaction Strategy is primarily based on a key market trend of system on a chip …

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Daimler Mobility Services acquires German ride sharing startup, flinc

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Daimler Mobility Services has announced the full acquisition of the Darmstadt-based flinc GmbH. flinc is the leading provider of door-to-door ridesharing for short- and medium-haul routes. The start-up launched the flinc platform for short-distance carpooling in 2011. Today, around half a million customers are registered with the platform. As the …

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Mazda, Denso, and Toyota agree to establish a new company dedicated to EVs

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Mazda, Denso, and Toyota will jointly develop basic structural technologies for electric vehicles according to a contract signed by the three companies. A new company consisting of selected engineers from the three companies, will also be established to ensure the efficient implementation of the joint technological development projects. The new company …

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NXP Semiconductors in talks with Baidu on a partnership to promote self-driving technology

Baidu-T'wire

NXP Semiconductors is in talks with Baidu on a partnership to promote self-driving technology, according to a report by ChinaDaily. The automotive market in China is expanding rapidly and has surpassed the US market to become the largest. The technological advancements in the country have given a boost to the electric …

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India: Unlimit and IBM collaborate to co-create IoT solutions for specific industry verticals

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Unlimit, a business venture of Reliance Group and IBM announced a strategic collaboration that brings together Unlimit’s  industry-specific Internet of Things (IoT) solutions with IBM IoT capabilities to unlock new value for businesses in India. Both the companies will co-create IoT solutions for specific industry verticals including automotive, insurance, utilities, …

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Renault, Nissan and Mitsubishi announce new six year plan, focus on EVs, autonomous drive tech

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Groupe Renault, Nissan Motor and Mitsubishi Motors, the world’s largest automotive alliance have announced a new six-year plan. The alliance as set  the following objectives: More than 9 million vehicles to share four common platforms Proportion of common powertrains to rise from a third to three-quarters of total volumes Additional …

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Mahindra and Ford to work together leveraging their mutual strengths

Mahindra-telematicswire

Mahindra Group and Ford Motor Company have signed a memorandum of understanding, under which both the companies will be working together leveraging their mutual strengths. Teams from both companies will collaborate and work together for a period of up to three years. Any further strategic cooperation between the two companies …

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Samsung establishes an innovation fund while subsidiary Harman forms strategic business unit dedicated to automotive

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Having secured licenses for on-road testing of autonomous driving software and hardware under development in Korea and California, Samsung is making efforts to cement its place in the automotive space. The company has established a $300-million fund–named as Samsung Automotive Innovation Fund–focussed on connected car and autonomous technologies, smart sensors, …

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Siemens all set to buy self-driving software specialist Tass International

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German industrial group Siemens is all set to buy Dutch self-driving software specialist Tass International, according to some reports. The monetary details have not been disclosed yet. The acquisition will strengthen the Siemens’s automotive business. The company plans to combine Tass’s software with its own advanced simulation products and the …

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Octo Telematics and Agero partner to deliver an integrated crash management solution

Octo-T'wire

Octo Telematics and Agero have announced a partnership to deliver an integrated crash management solution to enable carriers to more proactively and quickly respond to any crash situation, and will permit insurance carriers to improve First Notice of Loss (FNOL) services and savings. Octo Telematics is a leading global provider of telematics and …

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