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    CES 2020: Veoneer to display new driver support, collaborative driving, and self-driving solutions
    Veoneer will display a range of new driver assist, collaborative driving, and self-driving solutions at the Consumer Electronics Show (CES) 2020 next month in Las Vegas, Nevada, United States, the company said in a press release on 5 December. Among the key solutions to be displayed include a new pr...
    06-Dec-2019 News New Products
    Venture capital units of JLR, Volvo Group, and HELLA invest in autonomous software specialist ApexAI
    The venture capital arms of Volvo, HELLA, and Jaguar Land Rover (JLR) have invested in autonomous software specialist ApexAI, Volvo and JLR said in separate press releases on 5 December. New investors in ApexAI include Volvo Group Venture Capital AB, JLR’s venture capital arm InMotion Ventures, an...
    Aptiv to relocate Pittsburgh Technology Center in US
    Aptiv has announced plans to relocate its Pittsburgh Technology Center to new offices in Mill 19 in Hazelwood Green, Pittsburgh, Pennsylvania (United States), the company said in a press release on 4 December. The relocation will offer Aptiv’s Autonomous mobility team the space needed to grow as i...
    May Mobility raises USD50 million in Toyota-led Series B financing round
    May Mobility has raised USD50 million in the Series B financing round led by Toyota Motor, the company said in a press release on 4 December. Apart from Toyota, the latest financing round was participated by SPARX Group. Additionally, Millennium Technology Value Partners, Cyrus Capital Par...
    RoboSense launches complete lidar perception solution for robo-taxi markets
    RoboSense has launched RS-Fusion-P5, a complete lidar perception solution for robo-taxi markets outside China, the company said in a press release on 4 December. The RS-Fusion-P5 sensor uses an RS-Ruby sensor on top of the vehicle and four RS-Bpearl sensors embedded sideways around the vehicle to de...
    05-Dec-2019 News New Products
    AutoX applies for permit to test self-driving car without safety driver in California
    Chinese self-driving technology startup AutoX has applied for a permit from the California Department of Motor Vehicles (DMV) to allow testing of its self-driving cars on the state’s public roads without safety drivers, Reuters reported on 4 December. “After three years of efforts, we believe th...
    Mobileye maps 28,000 miles of roads in Barcelona to enhance safety
    As a part of its Autonomous Ready initiative to enhance the safety of streets, Mobileye collects data from 28,000 miles of Barcelona’s streets, the company said in a press release on 3 December. 400 vehicles were equipped with Mobileye 8 Connect retrofit advanced driving assistance system (ADAS). ...
    ACEA presents ‘check-list’ of rules and regulations for automated driving in EU
    The European Automobile Manufacturers’ Association (ACEA) has drawn a ‘check-list’ of rules and regulations needed to enable automated driving in the European Union (EU), the association said in a press release on 3 December. The checklist details the legislative framework that is needed to be...
    CES 2020: Rinspeed to showcase MetroSnap modular urban mobility concept
    Swiss automotive manufacturer and tuning firm Rinspeed will be showcasing its inexpensive swapping system for the vehicle bodies, called MetroSnap, at the CES 2020 event in Las Vegas, US. The company has reportedly filed for a patent protection regarding this concept. The MetroSnap concept vehi...
    04-Dec-2019 News New Products
    Hyundai Motor presents ‘Strategy 2025’ roadmap to become smart mobility solutions provider
    Hyundai Motor has announced ‘Strategy 2025’, a long-term roadmap to transition into a smart mobility solutions provider, the leading South Korean automaker said in a press release today (4 December). The company will focus on ‘Smart Mobility Device’ and ‘Smart Mobility Service’ as its tw...
    WeRide begins trials of L4 self-driving taxis in Chinese city Guangzhou
    On 28 November, WeRide launched a Level 4 self-driving taxi service pilot, called RoboTaxi, in Guangzhou, China, the company said in a press release today (3 December). In the first phase of operation, WeRide is deploying “dozens of” Nissan LEAF all-electric cars, powered by WeRide’s full-stac...
    Ultra wideband-based solutions offer added security
    As the automotive industry moves swiftly towards connectivity and self-driving vehicles, security becomes a challenge. Hackers can remotely gain unwarranted access to vehicles by hacking the key fob and replicating the signal to unlock and start the car. Hence it is crucial for the industry to quick...
    BMW invests USD443 million to upgrade Dingolfing facility in Germany
    German auto maker BMW has announced its decision to invest approximately EUR400 million (nearly USD443 million) in its vehicle manufacturing facility located in Dingolfing, Germany. According to a press release dated 2nd December, the investment is to upgrade the plant ahead of the company’s produ...
    03-Dec-2019 News Investments
    New Genesis G90 sedan features OTA wireless updates for maps and software 
    The 2020 G90 is the first Genesis vehicle to offer over-the-air wireless updates for maps and software, the company said while unveiling its flagship sedan at the 2019 Los Angeles Auto Show on 20 November. It features a 12.3-inch display navigation system that integrates touchscreen controls and ...
    03-Dec-2019 News New Products
    Daimler, Bosch start pilot testing of self-driving taxies in US
    Daimler and Bosch have started testing their self-driving taxies in the US state of California, Automotive News Europe reported on 2 December, citing sources familiar with the matter. The two German companies have deployed a fleet of 30 automated Mercedes-Benz S-Class sedans equipped with a range of...
    Airgain to provide C-V2X connectivity for Didi Chuxing AV pilot in Shanghai
    Airgain has announced that it has been selected by Didi Chuxing to deliver cellular vehicle-to-everything (C-V2X) connectivity for an autonomous vehicle pilot in Shanghai, a press release dated 2 December showed. Airgain’s MULTIMAX FV ITS 3-in-1 antenna provides two high gain directional antenn...
    SupplierInsight Weekly – 25 November 2019
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    Vodafone Italia demonstrates 5G use cases for automotive applications
    Vodafone Italia has showcased four new 5G projects in the automotive sector along with assisted driving solutions on the 5G network, a company press release showed. Vodafone demonstrated the development of adaptive cruise control systems and information sharing on the road ecosystem around the ve...
    Seedland launches ‘Hachi Auto’ offers autonomous vehicles service in gated community in Chinese city Guangzhou
    Seedland has launched an autonomous vehicle service in its gated community “Boston Ivy” in Guangzhou, China, according to a press release on 28 November. The Chinese real estate company developed Hachi Auto, a compact but spacious autonomous vehicle that can seat four people. The vehicle is powe...
    02-Dec-2019 News New Products
    SEAT announces V2I communication project in Barcelona
    SEAT has announced a project in collaboration with the Spanish Traffic Authority, the Barcelona City Council, and Electronic Trafic (ETRA). The project connects vehicles with traffic lights and the traffic control center, which enables drivers to anticipate the status of traffic lights. In a...
    Mercedes GLB comes equipped with MBUX infotainment system
    Mercedes-Benz has added the MBUX (Mercedes-Benz User Experience) infotainment system to the GLB compact sport utility vehicle (SUV), the German automaker said in a press release. The system features as standard two 7-inch displays for the instrument cluster and media display with touch screen and ha...
    29-Nov-2019 News New Products
    Automotive lidar’s halftime walk
    Lidar, which stands for light detection and ranging, is one of the most widely debated topics when it comes to autonomous driving. Do autonomous vehicles really need lidar for object detection or can such vehicles handle this key task without this expensive sensor, by relying on more affordable came...
    European Union Agency for Cybersecurity publishes report on security of smart cars
    The European Union Agency for Cybersecurity (ENISA) published a report on the cybersecurity of smart cars on 25 November. The agency took stock of all existing standardization, legislative and policy Initiatives and said that the report is aimed to serve as a reference point to promote cybersecur...
    ZF to open third R&D facility in China at Guangzhou by 2023
    German automotive components maker, ZF Friedrichshafen AG, has announced its plan to open a new research and development center in the Chinese city of Guangzhou. According to a press release issued on 27th November, this facility will be the company’s third R&D center in China, and it is ...
    28-Nov-2019 News Investments
    Mobileye expects strong growth from ADAS, data management and robotaxi service
    Earlier this month Mobileye held an investor summit in Jerusalem, Israel, where the company’s CEO Amnon Shashua projected significant growth in revenue over the next decade. The company, now a wholly owned subsidiary of Intel, expects strong growth in revenue from advanced driver assistance system...
    NHTSA seeks public comment on nine draft research test procedures to assess ADAS performance
    The National Highway Traffic Safety Administration (NHTSA) is seeking public comment on a series on nine draft procedures developed by the US-based safety agency to assess the performance of certain types of advanced driver assistance systems (ADAS) available to consumers, the agency said in a state...
    HELLA’s SHAKE sensor in new Porsche 911 detects moisture on roadway
    HELLA has announced that its Structural Health and Knock Emission (SHAKE) sensor has been incorporated in the front wheel arch liners on the new Porsche 911, a company press release dated 26 November showed.  The SHAKE sensor detects a film of water on the road surface. The sensor has gone...
    27-Nov-2019 News New Products
    Buick launches Encore GX with added safety and connectivity features
    Buick has launched its Encore GX SUV with a plethora of safety technologies, driver assistance and convenience features, the company said in a press release on 19 November. The Encore GX will come equipped with the latest infotainment systems and connectivity, compatible with Apple CarPlay and An...
    26-Nov-2019 News New Products
    MY2020 Honda HR-V features ‘Honda Sensing’ suite of safety and driver-assist technologies
    Honda has equipped select trims of the model year 2020 HR-V crossover for the US market with ‘Honda Sensing’ suite of safety driver assist technologies, the company said in a press release earlier this month. The Honda Sensing suite includes adaptive cruise control (ACC), collision mitigation br...
    26-Nov-2019 News New Products
    Keysight achieves 3GPP validation for C-V2X radio frequency conformance test case
    Keysight Technologies has announced that it has achieved 3rd Generation Partnership Project (3GPP) validation for cellular vehicle-to-everything communications (C-V2X) radio frequency (RF) conformance test case, a company press release showed on 21 November. The test case validation was achieved ...
    SupplierInsight Weekly – 25 November 2019
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    Navinfo to supply map data and services to Huawei Technologies
    Chinese navigation map developer NavInfo will supply HD (high-definition) map data and services to Huawei Technologies, Caixin reported on 21 November, citing a regulatory filing by Navinfo with the Shenzhen Stock Exchange. According to the agreement, NavInfo will help Huawei with testing and ver...
    BlinkAI Technologies launches RoadSight for visible-light cameras for ADAS and autonomous vehicle applications
    BlinkAI Technologies has launched RoadSight, a software solution to improve the performance of visible-light cameras for advanced driver assistance (ADAS) and autonomous driving applications, the company said in a press release on 21 November. The new solution utilizes BlinkAI’s patented machine l...
    25-Nov-2019 News New Products
    DeepRoute launches Level 4 autonomous driving sensing solution
    DeepRoute has released ‘DeepRoute-Sense’, a Level 4 autonomous driving sensing solution for automotive customers to help them achieve quicker sensor deployment, the company said in a press release on 20 November. DeepRoute-Sense includes a lightweight set-top box and sensor fusion calibration se...
    25-Nov-2019 News New Products
    US groups request automakers to adopt common name for driver assistance technology
    In an effort to reduce confusion among consumers, a group of stakeholders in the United States have urged automakers to adopt standardized names for advanced driver assistance system (ADAS) technology from a list they released last week, Reuters reported on 20 November. The list of names has been dr...
    New MY2021 Kia Seltos SUV features advanced connectivity, safety and driver assistance features
    Hyundai has announced that its model year (MY) 2021 Kia Seltos is packed with connected technology features and the ‘Kia Drive Wise’ suite of advanced driver-assistance systems (ADAS), according to a company press release on 21 November. The car will be available with a 10.25-inch high-resolu...
    22-Nov-2019 News New Products
    Eyesight Technologies’ DriverSense driver monitoring solution to detect cell phone usage and smoking
    Eyesight Technologies has announced that new features for the company’s DriverSense and FleetSense solutions will detect driver distraction as a result of cell phone usage and smoking, a company press release dated 21 November showed. The latest update makes driver monitoring in order to recogn...
    22-Nov-2019 News New Products
    HERE joins the 5G Automotive Association
    Mapping and location services provider, HERE Technologies has joined the 5G Automotive Association (5GAA), the company said on November 21. “Joining the 5GAA signifies our commitment to emerging technologies that will improve mobility around the world. 5G will usher in the future of the automot...
    CES 2020: Faurecia to showcase advanced solutions for ‘Cockpit of the Future’ and sustainable mobility
    French supplier Faurecia will showcase its latest solutions for the ‘Cockpit of the Future’ and Sustainable Mobility at the CES 2020 in Las Vegas, Nevada, United States, in January 2020, the company said in a press release last week. The company will demonstrate its solutions at two booths locat...
    22-Nov-2019 News New Products
    Automobility LA 2019: AEye unveils new 2D/3D perception system for autonomous vehicles
    AEye has launched a 2D/3D perception system designed to run in the sensors of autonomous vehicles at the Automobility LA in Los Angeles, California, US, the company said in a press release on 19 November. The system allows distribution of 2D and 3D perception to the edge of the sensor network. This ...
    21-Nov-2019 News New Products
    Cognata finalizes new partners in China, Japan, and South Korea to increase simulation adoption for ADAS and autonomous driving applications
    Cognata has formed strategic partnerships with suppliers in key Asian markets of China, Japan, and South Korea for its simulation solution for advanced driver assistance systems (ADAS) and autonomous driving applications, the company said in a press release on 20 November. In China, the company has ...
    21-Nov-2019 News New Products
    Continental’s supervisory board approves global structural program “Transformation 2019-2029”
    The supervisory board of German automotive components supplier Continental AG has approved the company’s global long-term restructuring program called Transformation 2019-2029, which was announced at the end of September. In a press statement issued on 20 November, Continental said that its s...
    SupplierInsight Webinar: Ambient Lighting – Changing the cabin concept
    Watch an on-demand replay now Sascha Klapper will discuss the industry trends and present the new global forecast for the Ambient Lighting market. Focus of the webinar will be the positioning, optical technology, optical principles and dynamic functions of the current and future Ambient Lighting ...
    20-Nov-2019 News Webinars
    Navya launches autonomous shuttle services in French city Lyon
    Navya has launched two autonomous vehicles in Lyon, France, to support the technological development of the public transport network of the French city’s metropolitan area, the company said in a press release on 18 November. The autonomous shuttles will become an integral part of the Lyon’s publ...
    Veoneer joins Autonomous Vehicle Computing Consortium
    Veoneer has joined the Autonomous Vehicle Computing Consortium (AVCC), a consortium established last month to accelerate deployment of safer and affordable autonomous vehicles, the company said in a press release on 19 November. The consortium is focusing on developing a conceptual compute platform ...
    Xilinx develops adaptive silicon devices for ADAS and AD applications
    Xilinx has announced the expansion of its 16-nanometer product portfolio with two new devices—the Xilinx Automotive Zynq UltraScale+ MPSoC 7EV and 11EG, a press release dated 12 November shows. The devices offer more than 650,000 programmable logic cells. The devices have large programmable cap...
    19-Nov-2019 News New Products
    NVIDIA’s Q3 net income declines 27% y/y to USD899 million
    NVIDIA’s net income dropped 27% year-on-year (y/y) to USD899 million in the third quarter ended 27 October (FY 2019/20), the company said on 14 November. The US-based company recorded a 5% y/y decline in revenue for the quarter to USD3 billion, while lower revenue resulted in a 12% y/y d...
    SupplierInsight Weekly – 18 November 2019
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    TomTom, University of Amsterdam open research lab to develop AI-based HD maps for self-driving vehicles
    Location technology specialist TomTom and the University of Amsterdam (UvA) announced on 14 November the launch of a new public-private research lab called Atlas Lab. Atlas Lab will work on using artificial intelligence (AI) for making advanced, highly accurate, and safe high-definition...
    Velodyne Lidar introduces next-gen lidar sensor Alpha Prime
    Velodyne Lidar has unveiled its Alpha Prime next-generation lidar sensor, the company announced on 15 November. The sensor, which utilizes Velodyne’s surround view technology, provides solution in perception, field-of-view, and range for autonomous markets including transportation, tr...
    18-Nov-2019 News New Products
    Hyundai Mobis develops rear autonomous emergency braking technology using ultra-short-range radar
    Hyundai Mobis has developed a new rear autonomous emergency braking (R-AEB) system using ultra-short-range radar sensor, the company said in a press release today. The new active safety technology is effective in preventing rear-end collisions, when it detects people or objects behind the car, by ap...
    14-Nov-2019 News New Products
    Hitachi Automotive Systems, a global mega supplier in the making
    Automakers and suppliers are joining forces to deal with the immense challenges created by megatrends such as connected cars, electrification, and autonomous driving. Today, there are hardly any automakers which are not investing in these fields. For new innovations with regards to these megatrends ...
    Wind River collaborates with Xilinx to develop autonomous driving platform
    Wind River has teamed up with Xilinx to jointly develop an automated driving platform that combines Xilinx’s Versal adaptive compute acceleration platform (ACAP) devices and Wind River automotive software, the company said in a press release on 12 November. The jointly developed solution will offe...
    13-Nov-2019 News New Products
    ZF joins Mobility as a Service Alliance
    ZF has joined Mobility-as-a-Service (MaaS) Alliance, a public private partnership working on building the foundation for a common approach to MaaS, the Germany based supplier said in a press release on 7 November. The MaaS alliance is aiming to bring about a paradigm shift in urban mobility, promote...
    Continental’s Q3 sales up 3% y/y to USD12.1 billion
    Continental has reported 3% year-over-year (y/y) increase in sales to EUR11.1 billion (USD12.1 billion) in the third quarter ended 30 September 2019, the company said in a press release on 12 November. Adjusted for change in scope of consolidation exchange rates, sales dropped slightly, by 0.3% y/y....
    ETAS and BlackBerry QNX to jointly develop safety-critical platform for connected and autonomous vehicles
    BlackBerry has announced that its unit BlackBerry QNX and Bosch’s unit ETAS have collaborated to develop a safety-critical platform for connected and autonomous vehicles, according to a company press release on 12 November. This solution combines BlackBerry QNX’s real time operating system (O...
    Council of the European Union to mandate presence of advanced safety systems in automobiles by mid 2022
    The Council of the European Union voted to adopt regulations to mandate the presence of advanced safety systems in automobiles by mid 2022, according to a press release on 11 November. The new rules state that all motor vehicles (including trucks, buses, vans, and sport utility vehicles) wil...
    INFOWORKS to showcase FMCW lidar at IoT Tech Expo North America 2019
    INFOWORKS, in a press release on 11 November, said that it would showcase its latest 3D Scanning FMCW LiDAR, Quantum series at the IoT TECH EXPO North America 2019. This LiDAR has high penetration capability that can detect targets in any tough environments like heavy fog, dust, rain, and snow, e...
    12-Nov-2019 News New Products
    Waymo to close operations in US city Austin
    Waymo is closing its operations in Austin, Texas, United States, CNBC reported on 8 November. The closure is expected to affect about 10 employees. Waymo will offer the affected employees an opportunity to relocate either to Detroit, Michigan, where it operates a production center or to Phoenix, Ari...
    SupplierInsight Weekly – 11 November 2019
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    Intel’s Q3 net income drops 6% y/y to USD6 billion
    Chipmaker Intel reported last month a 6% year-on-year (y/y) drop in third quarter net income at USD6 billion on a GAAP basis. Revenue came in flat at USD19.2 billion but gross margin fell to 58.9% from 64.5% a year earlier. Revenue from its unit Mobileye saw a healthy increase. The unit, which is...
    Magna’s sales decline 3.1% y/y to USD9.3 billion in Q3
    Magna has reported 3.1% year-over-year (y/y) decline in net sales to USD9.3 billion in the third quarter ended 30 September 2019, the leading Canadian automotive supplier said in a press release on 8 November. Sales, excluding the impact of foreign exchange currency translation and divestures net of...
    Suppliers to the new Skoda Kamiq
    The first generation Skoda Kamiq is assembled at Skoda's facility in Mlada Boleslav, Czech Republic. According to IHS Markit production forecasts, output of the new generation Skoda Kamiq from the plant is expected to peak in 2020 at more than 90,000 units. If you would like your co...
    Honda joins Autonomous Vehicle Safety Consortium
    Honda has joined the Autonomous Vehicle Safety Consortium (AVSC), the consortium said in a press release on 7 November. The AVSC, established in April this year, focuses on the safety of autonomous vehicles. “The adoption and acceptance of AV technologies is an international challenge. The co...
    Baraja collaborates with Macnica to bring LiDAR platform to Japan’s automotive OEMs
    Spectrum-scan LiDAR developer Baraja has announced a partnership with Macnica, the company said on 7 November. The agreement to bring Baraja’s innovative LiDAR platform to Japan’s automotive OEMs, and to partners on vehicle automation opportunities in the Japanese market across a range of i...
    Smart Radar System raises USD4 million in Series A funding
    Smart Radar System (SRS) has raised USD4 million in a Series A funding round, the company said on 28 October. The round was led by Kakao Ventures, while Hemi Ventures and Hyundai Investment Partners among others made the list. The Series A funding will be used for the development and co...
    08-Nov-2019 News Investments
    Continental launches next-generation long-range radar sensors for ADAS/AV applications
    Continental has developed a fifth generation of its long-range radar sensor with unprecedent resolution and a range of up 300 m, the company said on 7 November. The new radar will be highly effective for perception of a vehicle’s surroundings for advanced driver assistance systems (ADAS), suc...
    08-Nov-2019 News New Products
    Researchers at MIT and Toyota design new solution for autonomous vehicle
    Researchers from the Massachusetts Institute of Technology (MIT) and Toyota have collaborated on developing a model that helps autonomous vehicles to determine when it is safe to merge into traffic at intersections with obstructed views, MIT announced in a press release on 4 November. The system hel...
    07-Nov-2019 News New Products
    Hyundai Autron to use Blackberry QNX for next-gen ADAS and autonomous driving platform
    Hyundai Autron, a subsidiary of Hyundai Motor Group (HMG), has selected BlackBerry QNX to power its next-generation advanced driver assistance systems (ADAS) and autonomous driving platform, BlackBerry said in a press release on 5 November. The Korean subsidiary will use the BlackBerry QNX® OS for ...
    Denso leads Series A financing round for radar sensor start-up Metawave
    Denso has announced that it led the Series A funding round for Metawave Corporation, a start-up focused on radar sensing for automated driving and wireless solutions for 5G deployments, Denso said in a press release on 5 November. Other Series A participants included new Metawave investors, Mirae As...
    O2 signs agreement with Smart Mobility Living Lab to provide 5G connectivity for connected and autonomous vehicles testing
    O2 has signed an agreement to provide 5G connectivity for the testing of connected and autonomous vehicles in the Smart Mobility Living Lab (SMLL) in London, the telecoms services provider said in a press release on 4 November. O2’s 3.4GHz 5G-ready spectrum will allow OEMs, and autonomous/ADAS ...
    Schaeffler’s Q3 revenue increases 2.6% y/y to USD3.9 billion
    Schaeffler has reported a growth of 2.6% year on year (y/y) in its revenue to EUR3.6 billion (USD3.9 billion) during the third quarter ended 30 September 2019. Net income during the quarter, however, declined 17.1% y/y to EUR212 million. EBIT also fell 17% y/y to EUR312 million.  Sales in Au...
    ZF collaborates with Israeli technology company Cognata on ADAS raw data management
    ZF has announced collaboration with Israel-based start-ups Cognata and OptimalPlus as part of its global innovation strategy, the Germany-based automotive supplier said in a press release on 5 November. The company will collaborate with Cognata in the area of advanced driver assistance system (ADAS)...
    06-Nov-2019 News New Products
    Mobileye partners with NIO on Level 4 autonomous driving
    Mobileye has entered a strategic collaboration with Chinese electric vehicle (EV) start-up NIO to collaborate on the development of highly automated and autonomous vehicles for consumers in China and international markets, the company said in a press release on 5 November. As part of the agreement, ...
    Kia unveils electric Futuron Concept SUV with level 4 autonomous driving capability
    Kia unveiled its Futuron Concept, an all-electric sport utility vehicle (SUV) with SAE level 4 (L4) autonomous driving capability, at the 2019 China International Import Expo (CIIE) in Shanghai, the South Korean automaker said in a press release today (5 November). The new AWD concept is a sports ca...
    05-Nov-2019 News New Products
    Veoneer’s CTO says automotive-focused software will drive future profits
    Automotive-focused software will be the driving force for future profits of Swedish supplier Veoneer, the company's chief technology officer (CTO) Nishant Batra said, as reported by Automotive News Europe on 4 November. “An industry that was traditionally building engines and chassis is now spe...
    05-Nov-2019 News Interviews
    Hyundai Mobis’s Q3 net income up 29.4% y/y to USD483.4 million
    Hyundai Mobis has reported 29.4% y/y increase in net income to KRW582 billion (USD483.4 million) in the third quarter ended 30 September 2019, the leading automotive supplier from South Korea said in a regulatory filing. Sales in the quarter increased 12.1% y/y to KRW9.44 trillion. Higher sales also...
    Aisin Seiki announces plan to merge with Aisin AW
    Japanese auto components and transmission manufacturer Aisin Seiki has announced a plan to merge with their automatic transmission production brand, Aisin AW, in a press statement released on October 31st. The planned management integration is being done in order to adapt to automotive industry disr...
    Denso announces H1 2019 results, operating profit down 12% y/y to USD1.2 billion
    Japanese auto components manufacturer Denso has reported its financial results for the first half of 2019, in a press release dated 1 November. The company’s consolidated revenue declined by 0.2% to JPY2,618.4 billion (USD 24.3 billion). Operating profits also registered a reduction, having c...
    Aisin Seiki reports 52.9% y/y drop in H1 net income to USD281.3 million
    Aisin Seiki’s net income declined 52.9% year-on-year (y/y) to JPY30.4 billion (USD281.3 million) in the first half ended 30 September, the company said on 31 October. Revenue dropped 4% y/y to JPY1.91 trillion, mainly due to a decline in automatic transmission sales in China. In the first hal...
    SupplierInsight Weekly – 4 November 2019
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    Tokyo Motor Show 2019: Subaru unveils all-new Levorg prototype
    Subaru is showcasing its all-new Levorg prototype at the 46th Tokyo Motor Show in Japan, the company said in a press release. The prototype is powered by a newly developed 1.8L horizontally opposed direct-injection turbo engine. According to Subaru, the new Boxer turbo engine balances acceleration a...
    01-Nov-2019 News New Products
    Veoneer selects thermal imaging sensor by FLIR Systems to enhance safety of autonomous vehicles
    Veoneer has selected FLIR Systems’ Boson®-based thermal imaging sensor for its Level 4 autonomous vehicle production contract with a global automaker, scheduled for 2021, FLIR said in a press release on 30 October. The Sweden-based supplier will include multiple thermal sensing cameras ...
    Honda agrees to merge three affiliate suppliers with Hitachi Automotive Systems to create new mega supplier
    Honda has concluded a basic merger agreement with Hitachi Ltd to merge its three affiliated suppliers—Keihin Corporation, Showa Corporation and Nissin Kogyo Co Ltd—with Hitachi Automotive Systems to create a global mega supplier with consolidated sales of JPY1.7 trillion (USD15.6 billion), ...
    Renesas joins Autonomous Vehicle Computing Consortium
    Renesas has joined the Autonomous Vehicle Computing Consortium, the company said in a press release on 30 October. Renesas becomes the ninth company to join the consortium which was formed to accelerate the deployment of safer and affordable autonomous vehicles. “To achieve the future of mobili...
    Aptiv Q3 net income rises 10.8% y/y to USD246 million
    Aptiv has reported 10.8% year-over-year (y/y) increase in net income to USD246 million in the third quarter ended 30 September 2019, the company said in a press release on 30 October. Net sales increased by 2% y/y to USD3.6 billion. Adjusted for currency exchange, commodity movements and divestures,...
    Autonomous Vehicle Computing Consortium (AVCC): A step towards making autonomous driving a reality?
    As the industry moves towards autonomous vehicles, it is important to create an ecosystem that not only sustains the progress but also creates an environment for collaboration and information sharing. It is difficult for one company to take on the responsibility of creating an autonomous vehicle ent...
    SupplierInsight Webinar: Strategies in ADAS & Automated Driving
    Watch an on-demand replay now Advanced driver assist systems (ADAS) have become increasingly common throughout the industry since their inception decades ago; automated driving now sits at the forefront of vehicle technology. While these technologies enable similar functionality in different vehi...
    30-Oct-2019 News Webinars
    Yandex to test self-driving vehicle fleet in US next year
    Yandex will begin testing its self-driving vehicle fleet in the United States next year, Reuters reported last week. During the 2020 North American International Auto Show in Detroit, Michigan, scheduled to take place from 6-21 June 2020, the Russian company will provide a driverless taxi service to...
    Panasonic offers autonomous ride-sharing service to employees around its headquarters in Japan
    Panasonic has started offering an autonomous ride-sharing service to its employees around its headquarters in Kadoma City, Osaka Prefecture, Japan, the company said in a press release on 25 October. The ride-sharing service covers the 468,400-square meter site, which has more than 14,000 employees. ...
    Bosch collaborates with GAC on automated valet parking in China
    Bosch has formed a partnership with Guangzhou Automobile Group (GAC) to develop an automated valet parking system for the Chinese market, the Germany-based automotive supplier said in a press release last week. Under the partnership Bosch will provide an automated vehicle parking system as well as s...
    30-Oct-2019 News New Products
    NXP unveils RoadLINK V2X communication solution in new Volkswagen Golf
    NXP Semiconductors has announced the roll-out of RoadLINK V2X (vehicle-to-everything) communication solution in the new Volkswagen Golf, according to a press release filed by the company on 28 October. The new Golf is the first volume European car model equipped with V2X technology. The two compa...
    30-Oct-2019 News New Products
    SupplierInsight Weekly – 29 October 2019
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    VW establishes new subsidiary to bring Level 4 self-driving system to market
    Volkswagen Group (VW) has established a new subsidiary, Volkswagen Autonomy GmbH (VWAT GmbH), which will operate as a center of excellence for autonomous driving, the German automaker said in a press release on 28 October. VWAT, with headquarters in Munich and Wolfsburg, will bundle the German autom...
    Autonomy & The Urban Mobility Summit 2019 – An Overview
    IHS Markit’s analytical spotlight this month has been on the 4th edition of Autonomy & The Urban Mobility Summit held in Paris, France, on 16-17 October 2019. The Autonomy Salon is a go to event for mobility innovation with a strong focus in active mobility, electrification, autonomous vehicle...
    Hyundai Mobis, KT complete first cooperative development projects under connected car alliance
    Hyundai Mobis has announced that it has successfully completed the first cooperative development projects with KT, as part of a connected car alliance formed last year, according to a company press release on 28 October. Hyundai Mobis developed the technology which collected traffic information t...
    Hyundai partners with Pony.ai and Via to offer autonomous ride-sharing service in US city Irvine
    Hyundai Motor has teamed up with Pony.ai and Via to offer BotRide, an autonomous ride-sharing service on public roads in Irvine, California, United States, beginning 4 November, the South Korean automaker said in a press release on 25 October. The free autonomous ride sharing service will be provide...
    Huawei plans to develop millimeter-wave radar and laser radar sensors for autonomous cars
    Huawei Technologies has plans to develop millimeter-wave radar and laser radar sensors for self-driving cars, Reuters reported on 22 October, quoting deputy chairman Xu Zhijun. Huawei said it would utilize its 5G technologies to build an ecosystem for automotive sensors. Zhijun was in Beijing for...
    25-Oct-2019 News New Products
    Valeo’s Q3 sales rises 8% y/y to USD5.3 billion
    French automotive components supplier Valeo has reported a rise in its revenue by a factor of 8% to EUR4.77 billion (approximately USD 5.3 billion) in the third quarter of 2019 in a press release dated October 24th. However, the company also stated that the ongoing strike at General Motors (GM) has ...
    Toyota to offer public rides in Level 4 autonomous vehicles in Japan next year
    Toyota Research Institute (TRI), a Toyota company focusing on autonomous driving and robotics, will offer public demonstration rides in its Platform (P4) automated driving test vehicle in Tokyo, Japan, next summer, the company said in a press release on 24 October. The test vehicle will demonstrate ...
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