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Author Archives: Automotive World

Audi at NIPS: new approaches to AI on the way to autonomous driving

Audi A8

Conference for artificial intelligence in California Audi innovation project: Neural network generates highly precise 3D models of the environment Networked worldwide in the field of AI technology On the road to autonomous driving, Audi continues powering ahead at top speed: The company is exhibiting an innovative pre-development project at the ...

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Nissan earns top rating among global businesses on water management

Nissan logo

Nissan earned a top rating in the 2017 Global Water Report issued by CDP, marking the first time the company has made the report’s “A list” of businesses recognized for their water stewardship. The company also achieved a Leadership-level ranking in CDP’s Climate Change Report for the fourth straight year. ...

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DENSO to integrate business with ASMO Co., Ltd.

Denso logo

Integrating the motor business to achieve electrification and automated driving technologies DENSO Corporation today announced that it has concluded a basic agreement for business integration with ASMO Co., Ltd., one of DENSO’s consolidated subsidiaries, effective April 1, 2018 (planned). ASMO is one of DENSO’s consolidated subsidiaries in which DENSO and ...

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CNH Industrial completes redemption of its 3.875% Notes due 2018

CNH Industrial logo

CNH Industrial N.V. today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, redeemed all of the outstanding $600,000,000 aggregate principal amount of its 3.875% Notes due 2018 (the “2018 Notes”) on December 1, 2017. Cash used for the redemption was approximately $615,276,000, which included the aggregate principal amount ...

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ExxonMobil to merge refining and marketing divisions, names Milton president

ExxonMobil logo

Exxon Mobil Corporation (NYSE:XOM) announced today it will combine its refining and marketing operations into a single company, ExxonMobil Fuels & Lubricants Company, in the first quarter of 2018. Bryan Milton, currently president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has been appointed president of the combined division by ...

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Porsche reports new all-time monthly sales record

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U.S. Porsche Dealers sell 5,555 vehicles in November 2017; year-to-date retail sales up 2.5 percent Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA), importer and distributor in the United States of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced November 2017 sales of ...

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