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QNX and Vector's Alloy Kore Attracts Mercedes-Benz in Push Toward Accelerating SDV Development
Accessnewswire· 2026-01-06 10:00
Core Insights - The article highlights the launch of Alloy Kore, a new foundational vehicle software platform by QNX, a division of BlackBerry Limited, and Vector, aimed at simplifying and accelerating the development of Software-Defined Vehicles (SDVs) [1] - Alloy Kore is designed to tackle the increasing complexity of modern automotive software architectures, providing a robust, scalable, and safety-certified software foundation for automakers [1] Group 1 - Alloy Kore enables automakers to shift their software engineering focus from infrastructure to innovation, allowing for faster and more confident development [1] - The platform addresses the growing demands of the automotive industry for advanced software solutions in vehicle technology [1] - The introduction of Alloy Kore reflects the industry's trend towards Software-Defined Vehicles, which require sophisticated software management [1]
HERE Technologies and Hyundai AutoEver expand online navigation partnership to deliver intelligent, digital cockpit experiences
Globenewswire· 2026-01-05 16:00
HERE enables Hyundai AutoEver’s connected mobility vision, providing location services that support software-defined vehicle capabilities. Hyundai, Kia, and Genesis vehicles are equipped with up-to-date, real-time, and user-focused map content, supporting safer and smarter travel. At CES 2026, HERE Technologies, the leading mapping and location data company, and Hyundai AutoEver (HAE), the mobility software subsidiary of Hyundai Motor Group, announce the expansion of their online navigation partnership. HE ...
TomTom Orbis Maps to power CARIAD’s Automated Driving systems
Globenewswire· 2026-01-05 06:30
Core Insights - TomTom has partnered with CARIAD, the automotive software company of the Volkswagen Group, to integrate its advanced Orbis Maps into CARIAD's automated driving systems [1][4] Group 1: Partnership and Collaboration - CARIAD will utilize TomTom's Orbis Maps as a core component for enhancing the understanding of surroundings in automated driving systems [2] - This collaboration highlights TomTom's ability to meet the evolving needs of the Volkswagen Group, reinforcing its leadership in the future of driving [4] Group 2: Technology and Capabilities - TomTom's Orbis Maps will provide highly accurate, up-to-date location information, complementing onboard sensors and systems to enhance safety-critical automated driving functionalities [2] - The AI-native, real-time mapmaking platform of TomTom allows for detailed lane geometry and behavioral data, ensuring minute-level updates across all road classes [3] - TomTom's multi-source approach combines high-precision car sensor data, survey vehicles, and aerial data, delivering unmatched coverage across 235+ countries and territories [3]
Appointment of Marec Gasiun as Executive Vice President of Sales & Marketing at Neonode
Prnewswire· 2026-01-02 14:28
With this achievement, the company is positioned to accelerate its automotive momentum through new design wins and strategic partnerships. "The recruitment of Marec allows us to consolidate all commercial activities into a single, focused team," said Mr. Alexus. "This will sharpen execution, and with Marec's extensive experience in commercial leadership across technology, automotive, and high-growth environments, we now have the right setup to accelerate our growth journey." For more information, please con ...
Matador AI Named Nissan USA Preferred Partner in first AI Category
Businesswire· 2025-11-24 19:31
Core Insights - Matador AI has been awarded the status of Official Preferred Partner by Nissan USA in the newly established AI Lead Nurturing category, recognizing its advanced lead-nurturing resources [2][10] - The partnership aims to enhance lead follow-up, increase showroom appointments, and improve customer conversion rates for Nissan retailers [2][3] Company Overview - Matador AI, founded in 2019, specializes in AI and automation solutions tailored for the automotive industry, focusing on conversational AI for dealerships [9][6] - The company employs over 100 people and serves more than 1,000 dealerships across North America, including a diverse range of domestic and import brands [6][9] Product and Performance - Matador AI's platform is designed to fully automate sales and service conversations, helping dealers engage with customers effectively and manage appointments [4][5] - Clients of Matador AI typically experience a 25% increase in overall pipeline conversion after implementing the platform [5] - The platform integrates with leading automotive CRMs and DMSs, providing a user-friendly dashboard for managing dealership operations [5][9] Industry Impact - The recognition from Nissan USA highlights the growing importance of AI in modern retailing, emphasizing that AI is becoming essential rather than optional for automotive dealerships [3][4] - Matador AI's solutions are built to address real dealer challenges, offering customized models that reflect the unique processes of each dealership [5][9]
BlackBerry Limited (BB:CA) Presents at Barclays 16th Annual Global Automotive and Mobility Tech Conference Transcript
Seeking Alpha· 2025-11-20 02:13
Core Insights - BlackBerry is undergoing a significant transformation, positioning itself as a software company with a strong focus on automotive software solutions [2][3] - The company has a dominant position in foundational software for vehicles, particularly through its QNX platform, which is critical for the software-defined vehicle market [2][3] Revenue and Market Position - Approximately 50% of BlackBerry's revenue is derived from QNX, which is primarily focused on the automotive sector [3] - QNX is currently powering over 255 million vehicles globally, indicating a substantial market presence [3] - The company has established a strong competitive moat by focusing on safety-critical, highly reliable, and certified products, particularly in areas such as digital cockpit and Advanced Driver-Assistance Systems (ADAS) [3]
CarGurus Pursues $4 Billion Dealer Software Market With AI-Powered Products
PYMNTS.com· 2025-11-07 03:00
Core Insights - CarGurus aims to double its total addressable market by introducing AI-powered products beyond its current automotive shopping platform [1][2] - The company is expanding its addressable market to include $3.5 billion spent by U.S. dealers on marketplaces and an additional $4 billion on software and data products [2] Product Development - CarGurus has launched PriceVantage, a machine learning-based pricing solution for dealers that utilizes real-time consumer demand data [3][4] - PriceVantage helps dealers enhance pricing strategies, improve turn times, and increase profitability by providing data-driven recommendations [4] Performance Metrics - Early beta results for PriceVantage show that engaged dealers experienced a 5X improvement in turn-time compared to competitors, with price-drop recommendations leading to a 68% median increase in daily vehicle detail page views [5] - 77% of the recommendations from PriceVantage met or exceeded predicted sales velocity outcomes [5] Consumer-Focused Innovations - CarGurus introduced CG Discover, a generative AI-powered shopping assistant that personalizes vehicle recommendations based on consumer needs, with traffic to this tool tripling quarter over quarter [6] - Another tool, Dealership Mode, provides real-time support to consumers at dealerships, enhancing their experience by offering vehicle pricing, ratings, and financing calculators [6][7] Market Opportunity - Research indicates that 80% of consumers are open to using AI in their car-buying journey, highlighting significant growth potential for CarGurus' AI initiatives [6]
KPIT takes majority stake in AirConsole maker N-Dream
Yahoo Finance· 2025-10-16 17:04
Core Insights - KPIT Technologies has increased its stake in N-Dream from 26% to nearly 90%, enhancing its position in the automotive software market [1][2] - N-Dream, known for its AirConsole platform, aims to expand its offerings beyond gaming into broader in-cabin digital experiences [2][3] - The acquisition will allow N-Dream to operate independently while leveraging KPIT's resources to innovate in in-cabin software [3][4] Company Developments - N-Dream's founder emphasized the growth of the platform, which is now utilized by leading car manufacturers globally [2] - The leadership team at N-Dream will remain intact post-acquisition, ensuring continuity in operations and innovation [4][5] - KPIT recently launched a new software engineering center in Sfax, Tunisia, indicating its commitment to expanding its technological capabilities [5]
TomTom signs multi-year agreement to deliver traffic services to Hyundai AutoEver's navigation for European vehicle lineup
Globenewswire· 2025-10-02 05:30
Core Insights - TomTom has expanded its partnership with Hyundai AutoEver to enhance the driving experience for Hyundai Motor Group vehicles in Europe, integrating TomTom's live services into Hyundai's navigation software [1][6] - The partnership includes the implementation of TomTom's real-time traffic data and a new speed camera service, aimed at improving driver safety and navigation efficiency [2][3] Company Overview - TomTom is a location technology specialist with over 30 years of experience, providing maps, routing, real-time traffic, and APIs to various sectors including automotive [4][5] - Hyundai AutoEver is recognized for its innovation in automotive software, focusing on digital transformation and advanced solutions for smart mobility [5]
TomTom signs multi-year agreement to deliver traffic services to Hyundai AutoEver’s navigation for European vehicle lineup
Globenewswire· 2025-10-02 05:30
Core Insights - TomTom has expanded its partnership with Hyundai AutoEver to enhance navigation services for Hyundai Motor Group vehicles in Europe, integrating live services such as real-time traffic data and speed camera alerts [1][9] - The new speed camera service aims to promote safer driving by alerting drivers to nearby speed cameras, while real-time traffic services help avoid congestion and optimize travel routes [2][3] - The partnership renewal emphasizes TomTom's role as a trusted provider of accurate map data and live services, contributing to improved navigation guidance and estimated time of arrival (ETA) for drivers [3][9] Company Overview - TomTom is a location technology specialist with over 30 years of experience, providing maps, routing, real-time traffic data, and APIs to various sectors including automotive [4][5] - Hyundai AutoEver is recognized for its innovation in automotive software, focusing on digital transformation and advanced solutions for smart mobility [6]