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Continental Sees Autonomous Vehicles “Ready for Production” by 2020

Mega-supplier receives testing license from Nevada.

by on Dec.20, 2012

Continental offers an image of what tomorrow's autonomous vehicle might look like.

Continental, one of the world’s top automotive suppliers, has become the first company to win approval from the Nevada Department of Motor Vehicles to test autonomous vehicles on the state’s wide open highway.

With extensive stretches of good roads with little traffic, Nevada has become a popular state for testing out new autonomous vehicle technologies – which led the state to enact new rules creating a special class of license for self-driven automobiles. The first official license plate, which features an infinity symbol, was granted to Google, the tech firm taking a lead in the field. Continental is the first automotive supplier to seek and receive the special license.

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“As a company, Continental’s strategy is clearly focused on making this type of future technology a reality. It’s clear to us that automated driving will be a key element in the mobility of the future,” said Elmar Degenhart, chairman of the executive board of Continental. “As a system supplier, we are perfectly positioned to develop and launch series production of solutions for partially automated systems for our customers by 2016.”

But the goal, he said, is to take the technology even further, “ultimately (with) fully automated driving, even at higher speeds and in more complex driving situations, ready for production by 2020 or 2025.”


Bob Lutz Joins List of Chrysler Creditors

Some surprising companies and people stand in a long line of those with unsecured claims against bankrupt Chrysler.

by on May.11, 2009

Bankruptcy lightning has already stuck twice at companies Lutz has led. GM will make it thrice.

Bankruptcy lightning has already stuck twice at companies Lutz has led. GM will make it thrice.

The list of creditors that are owed big money by bankrupt Chrysler LLC includes many of the usual companies that are suppliers to the auto industry. But not all of them are immediately obvious, even to veterans of what remains of the auto supplier’s beat. So it’s not surprising that Johnson Controls is owed $50 million, or Continental Automotive, $46 million, or Cummins Engine, $44 million. These are all large, global companies that have been in the auto arena for decades or more, and are among the biggest creditors that would lose the most money if Chrysler doesn’t revive itself.

It’s puzzling that Chrysler’s ad agency, BBDO Detroit Incorporated, is the second largest creditor, at $58,055,133.44? Who would have thunk it! Well maybe it’s like American beer, the advertising and promotion cost more that the production of the stuff inside the can. Still, this is more money owed for advertising than steel, since U.S. Steel Corporation is owed only $16,182,772, as of April 30. 

Subscribe to TheDetroitBureau.comThen we have an order entered Saturday by the Honorable Arthur J. Gonzalez, the presiding judge in the Chrysler bankruptcy matter. It grants a motion for admission to practice pro hac vice, or for the occasion, to Michael S. Leib, a member in good standing of the bar in the State of Michigan to practice in this one case before the Federal court in New York for a $25 fee. This without question is going to be much smaller than the fee he charges his client, creditor Robert A. Lutz.   (more…)