AZOUR, Israel, May 25, 2021 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.14 per share, totaling approximately US$3 million.\nThe Company will pay the dividend out on July 14, 2021 net of taxes at the rate of 25%.\nIn its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law.\nRetained earnings as of March 31, 2021, prior to the distribution was US$125.8 million and retained earnings will reach US$122.8 million after the distribution.\nFor more information, please visit Ituran's website, at: www.ituran.comCompany Contact Udi Mizrahi [email protected] Deputy CEO &VP Finance, Ituran (Israel) +972 3 557 1348 International Investor Relations Ehud Helft / Gavriel Frohwein [email protected] GK Investor & Public Relations (US) +1 646 688 3559SOURCE Ituran Location and Control Ltd
"}}}},{"node":{"postTitle":"2021 Mercedes-Benz GLA Launched At Rs 42.10 Lakh","slug":"2021-mercedes-benz-gla-launched-at-rs-42-10-lakh","publishDate":"None","createdLocal":"2021-05-25 14:30:53.360078","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Modified On May 25, 2021 05:34 PM By Tarun for Mercedes-Benz GLAThe new GLA gets a major overhaul with new features and cleaner powertrain optionsMercedes-Benz GLA now looks more SUV-ish, taller by 104mm and wider by 30mm.\nIt’s priced between Rs 42.10 lakh and Rs 57.30 lakh, with the locally assembled AMG variant being the priciest.\nMercedes-Benz has launched the 2021 GLA in India from Rs 42.10 lakh to Rs 57.3 lakh (ex-showroom India), however, these prices are only valid until June 30, 2021, after which the GLA will become pricier by up to Rs 1.5 lakh.\nThe AMG GLA 35, which has been launched alongside the standard model, is the third AMG model assembled in India, hence, it’s been priced competitively.\nVariant Price GLA 200 Rs 42.10 lakh GLA 220D Rs 43.70 lakh GLA 220D AMG Line 4MATIC Rs 46.70 lakh AMG GLA 35 4MATIC Rs 57.30 lakhIn line with other Mercedes SUVs, the new GLA looks more SUV-ish.
"}}}},{"node":{"postTitle":"Tesla sets up China site to store data locally","slug":"tesla-sets-up-china-site-to-store-data-locally","publishDate":"2021-05-25 00:00:00","createdLocal":"2021-05-25 14:30:52.120095","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021.\nREUTERS/Tingshu Wang/File PhotoU.S. electric vehicle maker Tesla Inc (TSLA.O) said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.\nTesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.\nChina, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.\nStaff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.
"}}}},{"node":{"postTitle":"Automotive Connected Car Platform Market Growth – The Shotcaller","slug":"automotive-connected-car-platform-market-growth-the-shotcaller","publishDate":"None","createdLocal":"2021-05-25 14:30:51.605469","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"The latest released Automotive Connected Car Platform market research of 63 pages suggests that the industry has made modest progress in tech-driven transformation since 2017.\nMany organizations have yet to scale their end use applications beyond pilots and proofs-of-concept.\nYet, there is a group of manufacturers in Automotive Connected Car Platform Market that are making… Continue reading Automotive Connected Car Platform Market Next Big Thing | Major Giants- AppDirect, Altran, Harman
"}}}},{"node":{"postTitle":"When a self-driving car doesn't know what to do","slug":"when-a-self-driving-car-doesn-t-know-what-to-do","publishDate":"2021-05-24 00:00:01-04:00","createdLocal":"2021-05-24 14:31:15.279059","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"But before the crew could arrive, the vehicle started moving again and turned the corner.\nThe initial dispatch was canceled after the car started moving.\nThree minutes later, suddenly, the roadside crew's estimated time of arrival was \"right now,\" according to the remote operator.\nBut there was no Waymo roadside service in sight.\nAbout two minutes and 15 seconds passed, and the car suddenly started moving again.
"}}}},{"node":{"postTitle":"7-Seat Hyundai (Creta) Alcazar Launch In June- Safari & Hector Plus Rival!","slug":"7-seat-hyundai-creta-alcazar-launch-in-june-safari-hector-plus-rival","publishDate":"2021-05-24 04:43:07+00:00","createdLocal":"2021-05-24 14:31:13.817954","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"The much-awaited Creta-based 7-seat SUV, Hyundai Alcazar, will see the launch pushed back to June 2021.\nLet us see what the upcoming Hyundai Alcazar will bring.\nAlso read: Hyundai AX1 Micro-SUV Teased – All you need to know about HBX, S-Presso rival!\nHyundai Alcazar – Exterior DesignHyundai had revealed the exterior design of the 7-seat SUV last month.\nThe rivals of the Hyundai Alcazar include the recently launched Tata Safari, the very popular MG Hector Plus and the upcoming Mahindra XUV700, which is slated for launch later in 2021.
"}}}},{"node":{"postTitle":"Connected Car Industry – The Shotcaller","slug":"connected-car-industry-the-shotcaller","publishDate":"None","createdLocal":"2021-05-24 14:31:13.356511","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Global Connected Car Market Size, Status and Forecast 2021-2030 The report presents an in-depth assessment of the Connected Car Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies.\nThe report also presents forecasts for Connected Car Market… Continue reading Connected Car Market To Witness the Highest Growth Globally in Coming Years 2021-2030
"}}}},{"node":{"postTitle":"KOBA Insurance provides consumers with “more transparent prices”","slug":"koba-insurance-provides-consumers-with-more-transparent-prices","publishDate":"2021-05-24 11:51:48+05:30","createdLocal":"2021-05-24 14:31:11.999038","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Andrew Wong of KOBA Insurance outlined how the company can bring more transparent auto insurance pricing to consumers.\nKOBA Insurance is the next new comprehensive car insurance policy, which focuses on providing connected car repairs for cars that have been pre-connected to the Internet.\nWong said: “Cars are getting smarter, so we have determined whether cars are getting smarter and why we can’t make insurance smarter too.” This part is presented by ACS.
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