TAG: automakers

German Auto Consortium Set to Buy Nokia Map Unit

July 23, 2015By

The value of accurate maps is not lost on the automotive industry as it transitions from connected cars to automated vehicles. Three German automakers are rumored to be making a multibillion-dollar investment in Nokia’s HERE mapping division. If the deal goes through as expected by late July, Nokia, which purchased HERE (then called Navteq) for $8 billion in 2007, will have spurned... read more

This article is tagged with , , , , , , , , and posted in Mobile, Opinions

TomTom Offers Test Map Data for Automated Driving

June 5, 2015By

TomTom is making available Highly Automated Driving (HAD) map content in the metro Detroit area, where U.S. automakers are headquartered. Car makers and HAD-related companies can now use TomTom’s high-definition maps for precise vehicle positioning, enabling future self-driving cars to see beyond their sensors. The HAD map, covering the stretch of road network between Farmington Hills and Ann Arbor, including I-696, 96,... read more

This article is tagged with , , , , and posted in Latest News, Transportation

Autonomous Vehicles May Cut Auto Market in Half

June 1, 2015By

U.S. auto sales may drop about 40 percent in the next 25 years because of autonomous vehicles hitting the road, reports Bloomberg. In particular, shared driverless cars would force mass-market automakers such as General Motors Co. and Ford Motor Co. to slash output, a Barclays analyst told Bloomberg. Vehicle ownership rates could be cut almost in half because many families would only need one... read more