Lyft is teaming up by automotive industry giant Magna to develop self-driving cars — & getting a $200 mn investment

as declared in Lyft chief executive officerLogan Green reported a bargain Wednesday by Magna to develop self-driving vehicle technology. Laura Buckman/ReutersLyft on Wednesday reported a copartnership by automotive components supplier Magna to develop self-driving vehicle technology. Although Magna is emerging the self-driving technology by Lyft, the portions supplier going to be enable to of offer it to other companies. Lyft & Magna are between numerous companies emerging self-driving vehicle technology. Many of the companies emerging autonomous vehicle technology are largely doing it themselves.

Phoenix mechanic shifts gears to empowering ladies in automotive industry

Brittni Specker checks an engine When 180 Degrees Automotive owner Bogi Lateiner looks on. (picture: Nicole Gutierrez/Cronkite break news)A business which started in a driveway further than a decade ago is paving How for other ladies to be portion of the automotive industry. "say me I could't & I going to display you I could," said Bogi Lateiner, owner of 180 Degrees Automotive in central Phoenix. however becoming a mechanic & then shop owner wasn't simple. "We have ladies service advisers, we have ladies technicians, Extremely you're Beautiful much toll free to do your job & not must concern about trying to evidence yourself in this industry," said Brittni Specker, a technician at 180 Degrees Automotive.

Lyft partners automotive industry great Magna to develop self-driving cars

referring to Ride-hailing Inc. Lyft is teaming up by Canadian auto portions supplier Magna to build & deploy self-driving cars . Ride-hailing Inc. Lyft is teaming up by Canadian auto portions supplier Magna to build & deploy self-driving cars . LyftThis copartnership is an industry-premier & positions Magna & Lyft to able the Growth & manufacturing of self-driving systems at scale, Magna said in a press release. final year, the Ontario-based auto Inc. earned $38 bn in income & has a market capitalisation of $19 bn. more, Lyft & Magna are Guessed to share jointly created IP & utilise Lyft information to get better systems.

difficulty Brexit threatens jobs & investment in Britain automotive industry

UK's automotive sector dangers losing thousands of jobs & hundreds of millions of pounds of inward investment if Gov. proceeds by a difficulty Brexit. Titled The influence of Brexit on the Automotive Sector, the report recommends which Gov. 'places a high premium' in its Brexit negotiations on securing frictionless trade for UK's volume automotive industrialists. There is no credible argument to propose there are pros to be gained from Brexit for the UK vehicle industry. The UK automotive sector's success is built on the complex supply chains which stretch throughout Europe by portions transferred out of different countries before being assembled into the last output. The report looked at possibility post-Brexit opportunities & concluded which bilateral trade deals were unlikely to lead to a significant promote in investment & jobs in the UK automotive sector.




collected by :Catlin Logan