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Coronavirus leads to decline in global vehicle sales
- March 4, 2020
- Posted by: Simon Wait
- Category: Industry News
Just 6.2 million light vehicles were sold globally in January, the lowest monthly figure since January 2012, which saw 5.9 million units sold, according to GlobalData, a data and analytics company. Driving the drop in sales was the emergence in December 2019 of the coronavirus in Wuhan, China. The disease has spread rapidly and has [...] -
Geneva Motor Show cancelled
- March 4, 2020
- Posted by: Simon Wait
- Category: Industry News
The 2020 Geneva International Motor Show has been cancelled after the Swiss government banned gatherings of 1,000 people or more due to concerns about the coronavirus. The 90th edition of GIMS was scheduled to start on Thursday (5 March) and run until Sunday, 15 March. Show chairman Maurice Turrettini said: “We regret this situation, but [...] -
Oxbotica and Cisco launch platform for AV data
- February 28, 2020
- Posted by: Simon Wait
- Category: Industry News
Autonomous software company Oxbotica and global networking leader Cisco have announced a partnership they hope will solve the autonomous vehicle data challenge. Autonomous vehicles (AVs) can collect up to 1.2TB of data per day from sensors such as LiDAR, cameras and RADAR – the equivalent of 500 HD movies or 200,000 songs. This data needs [...] -
Tractable secures huge investment boost
- February 27, 2020
- Posted by: Simon Wait
- Category: Industry News
Tractable has secured a $25m Series C investment, almost doubling the total raised to $55m. The latest investment is led by Georgian Partners with participation from existing investors, including Insight Partners and Ignition Partners and will be used to accelerate Tractable’s expansion into new markets from the nine countries in which it currently operates. Alex [...] -
Mirka joins SEAM initiative
- February 27, 2020
- Posted by: Simon Wait
- Category: Industry News
Mirka has announced it is joining the new European programme SEAM – Sustainable European Abrasive Manufacturers. The objective of the SEAM programme is to support and assist abrasive manufacturers in their aim towards sustainable growth and sustainability improvements, mostly in production and distribution. To be approved onto the programme, Mirka had to meet a series [...]