Stellantis has posted record full year 2022 results with €16.8 billion net profit (up 26%) and €23.3 billion adjusted operating income (up 29%).\nNet revenues of €179.6 billion were up 18% compared to 2021 (Pro Forma) reflecting strong net pricing, favourable vehicle mix and positive currency effects.\nStellantis CEO Carlos Tavares said: “In addition to our record financial results and the focused execution of the Dare Forward 2030 strategic plan, we also demonstrated the effectiveness of our electrification strategy in Europe.\nLaunched in March 2022, Dare Forward 2030 is targeting a doubling of net revenues to €300 billion by 2030 (as compared to 2021), while sustaining double-digit AOI (adjusted operating income/profit) margins throughout the decade.\nCash-rich Stellantis reported net cash synergies of €7.1 billion, more than two years ahead of €5.0 billion annual steady state target.
"}}}},{"node":{"postTitle":"European new-car market endures anticipated January payback","slug":"european-new-car-market-endures-anticipated-january-payback","publishDate":"2023-02-22 17:04:02+00:00","createdLocal":"2023-02-23 14:31:06.747113","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Nevertheless, Autovista24 had anticipated this payback as the bloc ended 2022 on a positive note, buoyed by the year-end boom in new-car registrations in Germany.\nWeaker European outlookEurope’s new-car market will continue to rely heavily on fulfilling orders placed before energy costs and inflation started to rise last year.\nMeanwhile, the seasonally-adjusted annualised rate (SAAR) plummeted from 4.21 million units in December to 2.51 million units in January.\nThe SAAR receded to 1.9 million units from 2.12 million units in December.\nAt this level, the new-car market would be 21.8% smaller than in 2019.
"}}}},{"node":{"postTitle":"Mercedes, Luminar ink ‘multibillion-dollar deal' for lidar sensors","slug":"mercedes-luminar-ink-multibillion-dollar-deal-for-lidar-sensors","publishDate":"2023-02-22 14:09:25-05:00","createdLocal":"2023-02-23 14:31:06.525424","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Mercedes-Benz plans to integrate millions of Luminar's lidar sensors into multiple vehicle models by mid-decade as part of a push that supports new automated-driving features.\nThis marks the first time Mercedes has scheduled production of cars equipped with lidar following a yearslong development partnership with Luminar.\nMercedes did not say which vehicle models are first slated to receive the lidar sensors, which help vehicles depict their surroundings and detect obstacles on the road ahead.\nAs part of the agreement, Luminar's lidar will support features ranging from automated emergency braking to more groundbreaking aspects of automated driving.\nWith the contract inked, Luminar will turn its attention toward planning for increased production of the Iris lidar units.
"}}}},{"node":{"postTitle":"Air Canada Is Launching Facial Recognition For Some Flights","slug":"air-canada-is-launching-facial-recognition-for-some-flights","publishDate":"2023-02-22 17:55:06+00:00","createdLocal":"2023-02-23 14:31:06.148175","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.\nTrending Topics
"}}}},{"node":{"postTitle":"VIVOTEK to meet rising AI surveillance demand with VAST Security Station","slug":"vivotek-to-meet-rising-ai-surveillance-demand-with-vast-security-station","publishDate":"None","createdLocal":"2023-02-23 14:31:05.688327","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"TAIWAN – IP video surveillance provider VIVOTEK has announced it will officially launch its AI security system, VAST Security Station (VSS), in March.\nThe VSS platform combines advanced artificial intelligence (AI) with edge computing technologies to achieve accurate facial recognition and vehicle detection in real-time with integrated security cameras Vivotek stated.\n\"VSS is an easy-to-use AI security system.\nAccording to the 2022 Video Surveillance & Analytics Database Report, Vivotek cites that the global video surveillance software market is estimated to be worth USD 1.9 billion.\nIn the growing market, edge AI cameras account for as much as 40% of all network cameras shipped globally.
"}}}},{"node":{"postTitle":"Mercedes-Benz first to bring autonomous tech to Nevada’s roads","slug":"mercedes-benz-first-to-bring-autonomous-tech-to-nevadas-roads","publishDate":"2023-02-23 01:39:18+00:00","createdLocal":"2023-02-23 14:31:05.681340","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"(Mercedes-Benz)The control button for the Mercedes-Benz Drive Pilot technology is located on the steering wheel of the vehicles.\nThe company announced last month that it was able to self-certify its Drive Pilot system to be used in Nevada.\nNevada has earned a reputation for having a friendly regulatory environment for autonomous vehicle technology, with the state first allowing these type of vehicles in 2011.\nSix levels of autonomous vehicle standardsSAE International, formerly Society of Automotive Engineers, lists six levels for its autonomous vehicle standards.\n“It is certainly a significant stride in moving towards autonomous vehicles,” Shashi Nambisan, director of UNLV’s Transportation Research Center, said.
"}}}},{"node":{"postTitle":"Sheriff's Office investigating possible death connected to fire","slug":"sheriff-s-office-investigating-possible-death-connected-to-fire","publishDate":"None","createdLocal":"2023-02-23 14:31:04.712238","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"&& ...FLOOD WARNING IN EFFECT FROM THIS MORNING TO EARLY SATURDAY MORNING... * WHAT...Minor flooding is occurring and minor flooding is forecast.
\nAir Canada has announced a new digital identification program that allows customers to confirm their identity via facial recognition technology.\nThe new technology is available to select travellers departing from Vancouver International Airport (YVR) on Air Canada flights to Winnipeg, and for eligible customers entering the Air Canada Café at Toronto Pearson International Airport (YYZ).\nMel Crocker, Air Canada’s Chief Information Officer, told V.I.A.\nTo build their digital identity, travellers scan their passports onto the Air Canada mobile app and then take a \"selfie.\"\nAir Canada does not access the digital profile until the day of travel and keeps it in an encrypted form for 36 hours.
"}}}}]}},"pageContext":{"limit":8,"skip":5592,"homeNumPages":1077,"currentPage":700}}}