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Automakers

Why creating software-defined vehicles is 'costly, painful and intense'

Mercedes software hub at tech center in Sindelfingen
To increase its expertise, Mercedes has invested more than 200 million euros ($216 million) in a software hub at its tech center near Stuttgart, Germany. The automaker said $1 billion of its $150 billion global revenues in 2022 came from software-based vehicle upgrades.
NG
By:
Nick Gibbs
February 08, 2024 05:03 AM

Featured Stories

Stellantis
Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says
Stellantis

Filosa, a native of Naples, Italy, started his career at Fiat in 1999. He joined Fiat Chrysler’s top management in 2018 and has been part of Stellantis’ senior executive team since the company formed in 2021.

BN
By:
Bloomberg News
Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says
Manufacturing
Here’s where global auto tariffs stand after the U.S.-U.K. trade deal
Manufacturing
JI
By:
John Irwin
Here’s where global auto tariffs stand after the U.S.-U.K. trade deal
Volkswagen
Audi plans to sell Italdesign, Italian unions say, as the VW Group brand seeks savings
Volkswagen
LC
By:
Luca Ciferri
Audi plans to sell Italdesign, Italian unions say, as the VW Group brand seeks savings
Finance Insurance
New York announces $3.2M settlement to resolve allegations of lease buyout overcharging at Nissan stores
Finance Insurance
JH
By:
John Huetter
New York announces $3.2M settlement to resolve allegations of lease buyout overcharging at Nissan stores

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