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Porsche SE’s acquisition of PTV AG now closed

Porsche SE’s acquisition of PTV AG now closed

The sale of nearly 100 percent of PTV Planung Transport Verkehr AG (PTV AG), Karlsruhe, to Porsche Automobil Holding SE (Porsche SE), Stuttgart, announced in June, has now been completed.  PTV AG is a leading provider of software for traffic planning and management as well as transport logistics. The transaction was subject to a condition(…)

International Transport Forum and German government sign Summit grant agreement in margins of Frankfurt Motor Show

International Transport Forum and German government sign Summit grant agreement in margins of Frankfurt Motor Show

Alexander Dobrindt, Germany’s Federal Minister of Transport and Digital Infrastructure, and Young Tae Kim, Secretary-General of the International Transport Forum (ITF), signed an agreement on German government funding for the ITF Annual Summit on Thursday, 14 September, in the margins of the Frankfurt Motor Show. Under the agreement, the German government will contribute EUR 1.2(…)

Volvo acquires car valet startup Luxe to boost its digital services business

Volvo acquires car valet startup Luxe to boost its digital services business

After a pivot and months of speculation about the future of car valet and concierge startup Luxe, the company has finally found a home. Today, automaker Volvo Cars announced that it is acquiring the startup’s platform, technology, key staff and other assets, which it will use to put some fuel into its own digital services(…)

We need to stop pretending that the autonomous car is imminent: Tap the brakes!

We need to stop pretending that the autonomous car is imminent: Tap the brakes!

It’s time to face some challenging realities when it comes to autonomous cars. While consensus seems to imply that the future of driving is nearly upon us, even a relatively cursory check of some of the necessary enablers for truly autonomous automobiles would suggest otherwise. From security concerns to high costs to missing infrastructure to(…)

HPE’s Meg Whitman on Uber CEO gig: ‘It wasn’t the right thing’

HPE’s Meg Whitman on Uber CEO gig: ‘It wasn’t the right thing’

During an HPE earnings call, CEO Meg Whitman offered her first extensive remarks on that whole Uber CEO job search thing, promising investors that “I actually am not going anywhere.” Whitman made the remarks after HPE reported earnings that were not god-awful. After a presentation by executives, Toni Sacconaghi of Bernstein Research finally voiced the(…)

How Barcelona is reducing daily car journeys

How Barcelona is reducing daily car journeys

Nick Michell spoke to Mercedes Vidal Lago, Councillor for Mobility in Barcelona, about the city’s plans to reduce car journeys and encourage increased walking and cycling How much of a problem is air pollution in Barcelona in relation to motorised-vehicles? “Today Barcelona clearly exceeds the thresholds recommended by the World Health Organisation both for nitrogen dioxide(…)

US House ‘Bipartisan’ Robot Car Bill threatens highway safety, Consumer Watchdog warns

US House ‘Bipartisan’ Robot Car Bill threatens highway safety, Consumer Watchdog warns

A bill covering autonomous vehicles that the House of Representatives rushed to pass today threatens highway safety and leaves a regulatory void rather than enacting necessary protections, Consumer Watchdog warned today. The bill, passed on a voice vote, under rules to expedite consideration, was being touted in some quarters as an example of new-found Congressional(…)

Frost & Sullivan: Waymo is poised to become largest autonomous technology company in the automotive industry by 2030

Frost & Sullivan: Waymo is poised to become largest autonomous technology company in the automotive industry by 2030

Waymo, the autonomous technology company under the Alphabet conglomerate, is at the forefront of developing autonomous driving software for cars. With over 3 million miles of on-road testing of autonomous cars and an industry-first car without a steering wheel or pedals, Waymo could potentially help commercialize its autonomous technology earlier than its competition, disrupt multiple(…)

Metropia launches online carpooling service In Houston to match carless Harvey victims with willing drivers

Metropia launches online carpooling service In Houston to match carless Harvey victims with willing drivers

Metropia Inc., innovators of traffic congestion management platforms, today announced the launch of its online carpool pairing service to provide post-Harvey support to Houstonians who lost their vehicles to floodwaters. An estimated 500,000 vehicles were destroyed in the flooding brought by Hurricane Harvey. As schools and offices reopen, the countless car-dependent Houstonians left without easy(…)

Redesigning Uber for Business

Redesigning Uber for Business

When I joined Uber for Business three years ago, we were a very small and scrappy group with a clear mission: to simplify ground transportation for business travelers. We realized that a lot of people were already using Uber on business trips, and we wanted to develop products and experiences that spoke directly to those(…)

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