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Lexus to Exhibit All-new ‘LS’ Flagship and to Premiere Concept Car at Tokyo Motor Show 2017

Lexus to Exhibit All-new ‘LS’ Flagship and to Premiere Concept Car at Tokyo Motor Show 2017

TOKYO, Oct 3 (Korea Bizwire) - Lexus plans to exhibit its soon-to-be-launched, all-new “LS” flagship sedan among 11 production models it intends to display at the 45th Tokyo Motor Show 2017, where it also plans to hold the world premiere of a new concept car. The LS is to be joined by the “LC” luxury flagship [...]

Trillium Inc Wins Prestigious Red Herring Top 100 Asia Award

Trillium Inc Wins Prestigious Red Herring Top 100 Asia Award

MANILA, Oct 3 (Korea Bizwire) - Trillium Inc, a leading automotive cyber security solutions provider, has received the prestigious Red Herring Top 100 Asia 2017 award acknowledging the potential of its CSAAS (Cyber Security as a Service) business model and advanced SecureIoT cyber security suite.  The Top 100 Asia award, presented at Red Herring’s 2017 Asia summit [...]

DENSO Licenses NetSpeed IP for Use in Advanced Automotive Platform SoCs

DENSO Licenses NetSpeed IP for Use in Advanced Automotive Platform SoCs

SAN JOSE, Calif. , Sept. 27 (Korea Bizwire) — NetSpeed Systems Inc. announced today that DENSO Corporation, a leading global automotive supplier of advanced technology, systems and components, has licensed NetSpeed’s Orion on-chip network IP and Pegasus last-level cache for use in System-on-chip (SoCs) targeting Advanced Automotive Electronic Platforms including autonomous driving (ADAS, Autopilot) systems. Automobiles [...]

Covisint Extends Relationship with Ford Motor Company

Covisint Extends Relationship with Ford Motor Company

DETROIT, May 31 (Korea Bizwire) — Covisint Corporation (Nasdaq:COVS) today announced that it has extended its relationship with Ford Motor Company (“Ford”).  With this extension, Ford will continue to leverage the Covisint B2B Automotive Exchange. The Covisint B2B Automotive Exchange currently provides global access to information and applications for more than 615,000 supplier users across [...]

Volvo Pioneers Autonomous, Self-driving Refuse Truck in the Urban Environment

Volvo Pioneers Autonomous, Self-driving Refuse Truck in the Urban Environment

GÖTEBORG, Sweden, May 17 (Korea Bizwire) –In the latest research and development in self-driving vehicles, Volvo Group, together with Swedish waste and recycling specialists Renova, is testing a pioneering autonomous refuse truck that has the potential to be used across the urban environment. The project explores how automation can contribute to enhanced traffic safety, improved working conditions and [...]

Dubuc Motors Receives SEC Qualification Under US JOBS Act

Dubuc Motors Receives SEC Qualification Under US JOBS Act

MENLO PARK, Calif., Feb. 23 (Korea Bizwire) — Dubuc Motors, the company behind the Tomahawk – the world’s first 2+2 electric sports car, announced today the launch of the live offering phase of its equity crowdfunding campaign after the qualification of its filing with the Securities and Exchange Commission (SEC). The company revealed its electric [...]

Covisint Recognized as Supplier of the Year for Second Consecutive Year by SAIC General Motors

Covisint Recognized as Supplier of the Year for Second Consecutive Year by SAIC General Motors

DETROIT and SHANGHAI, China, Jan. 24 (Korea Bizwire) — Covisint Corporation (Nasdaq:COVS) today announced it has been recognized as a supplier of the year by SAIC General Motors for the second consecutive year during the Annual Suppliers’ Conference and 2016 Suppliers’ Awards Ceremony, held in Wuhan City, January 21, 2017. A photo accompanying this announcement [...]

Volkswagen Financial Services AG Acquires PayByPhone

Volkswagen Financial Services AG Acquires PayByPhone

VANCOUVER, BC and BRAUNSCHWEIG, GERMANY, Dec. 28 (Korea Bizwire) – Volkswagen Financial Services AG and PayByPhone today announced that the financial services division of Volkswagen Group has acquired PayByPhone, the world’s leading parking payment provider. The deal positions Volkswagen Financial Services AG as the clear leader in mobile payments and parking sectors, while providing the [...]

Covisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China

Covisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China

DETROIT and SHANGHAI, China, Dec. 7 (Korea Bizwire) — Covisint Corporation (Nasdaq:COVS) today announced that it has signed agreements with Chinese automotive OEMs, SAIC General Motors (SGM) and NextEV to launch supplier engagement platforms for each of their global enterprises. The Covisint platform provides the foundation for SAIC General Motors (SGM) and NextEV to provide [...]

Telenav Expands Global Automotive Presence to South Korea to Further Extend Its Reach into the Asian Auto Market

Telenav Expands Global Automotive Presence to South Korea to Further Extend Its Reach into the Asian Auto Market

SANTA CLARA, Calif., Oct. 11 (Korea Bizwire) — Telenav®, Inc. (NASDAQ:TNAV), a leader in connected car and location-based services today announced the company’s further expansion in Asia with Telenav Korea Limited, and the opening of its office in Incheon, South Korea, an emerging economic hub and innovation center located just west of Seoul. The office [...]