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Why Automotive Dealers Remain Critical to Traditional OEMs

Perficient

The automotive industry is at a great inflection point where consumer preferences dictate that there must be changes in how the industry operates. It leads many to question the role of dealers in the future state of the automotive industry. I don’t share this view of the automotive industry.

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CIO Darlene Taylor’s formula for success: Listen, drive, care

CIO

A native of Detroit, she studied mechanical engineering at the University of Michigan, and since entering the automotive industry, she has led internal teams through complex technology initiatives. Automotive Industry, IT Leadership She also uses group chats generously. So what if you know all there is to know about someone?

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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

TechCrunch

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery.

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Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A

TechCrunch

The first product will be Oistre , a thermoplastic polyurethane (TPU) for use in footwear, apparel, sporting goods, automotive and electronics. It claims that this breaks down polyethylene (the most widely used plastic today) into chemical building blocks that can be synthesized into high-value products.

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The Week’s 10 Biggest Funding Rounds: Applied Intuition And Luminary Cloud Rise Above

Crunchbase News

The Mountain View, California-based startup develops software for the automotive, trucking, construction, mining and other industries. No lead investor was named, but the round included investment from the likes of SuRo Capital , strategics and several folks in the entertainment and sports world. billion valuation.

Biotech 100
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Casavo, an Opendoor-style proptech from Italy, raises $410M to expand its instant buyer platform across Europe

TechCrunch

Exor — a traditional-style holding company controlled by the Agnelli family that has a wide variety of investments ranging from publishing (eg, The Economist) through to automotive brands (eg, Ferrari and Stellantis) and sport clubs (football behemoth Juventus) — is leading the equity round with participation from a number of others that (..)

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Meet the 7 winners of the Taiwan Excellence awards, presented by ShowStoppers and TAITRA

TechCrunch

Green Jacket Sports is showcasing its Golface smart system, which helps golf courses monitor and collect data on their operations in real-time, while allowing golfers to track their performance. The SOLE CC81 is designed to be ergonomic, so users can get high-intensity cardio workouts while reducing wear on their joints.

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