MOLSHEIM: Supercar manufacturer Bugatti, fresh off one of its best years, wants the world to know it has taken environmental concerns to heart even as it prepares a next generation of heart-pounding — and gas-guzzling — speed machines.

The"...

The sale of new automobiles dropped by 33 percent in 2019 compared to the preceding year, with 21,991 private and commercial vehicles registered.

The number of new cars registered during the last two months of 2019 plunged by 74 percent compared to the same period of 2018."...

BEIRUT: Lebanon’s Bank Audi is considering selling its Egyptian subsidiary after receiving interest from lenders, its chief financial officer told Reuters, indicating a possible strategy rethink as Lebanon grapples with a financial crisis.
Bank Audi is also proceeding with an"...

FLIR Systems, Inc. (NASDAQ: FLIR) and ANSYS (NASDAQ: ANSS) are collaborating to deliver superior hazard detection capabilities for assisted driving and autonomous vehicles (AVs) — empowering automakers to deliver unprecedented vehicle safety. Through this collaboration, FLIR will integrate a fully physics-based thermal sensor into ANSYS’ leading-edge driving simulator to model, test, and validate thermal camera designs within an ultra-realistic virtual world. The new solution will reduce original equipment manufacturers’ (OEM) development time by optimizing thermal camera placement for use with tools such as automatic emergency......

Luxoft, a DXC Technology Company (NYSE: DXC), today in collaboration with LG Electronics, Amazon and Mapbox unveiled Luxoft HALO, the company’s latest shared mobility concept featuring a revolutionary digital, consumer-grade in-vehicle experience. Luxoft HALO will be formally debuted at CES® 2020, Jan. 7-10, 2020, Las Vegas, NV. At home, consumers expect their digital experiences to be simple, convenient and accessible at any time across a range of devices. Increasingly, consumers also expect access to their favorite content and services, in the vehicle and on the go. Luxoft HALO shared mobility concept demonstrates how all consumers’......

Velodyne Lidar, Inc. will introduce and demonstrate its groundbreaking new lidar sensor technology at CES 2020 in the Las Vegas Convention Center North Hall – booth #7520. Velodyne will highlight its lidar technology that enables high-level Advanced Driver Assistance Systems (ADAS) for safe navigation and collision avoidance, all within compact form factors. Velodyne will host an in-booth press conference to announce a breakthrough lidar sensor that sets a new industry benchmark for size, versatility and affordability, exciting new ADAS software, partnerships and customer relationships on Tuesday, January 7, at 11:00 a.m. PST. Velodyne......