In the first of a series of articles about large industrial firms, we list 20 of the main automakers in the world so as of their last reported annual revenue amount, and spotlight […]

With an annual financial influence of greater than $27 billion, the automotive sector is now an integral a part of the state’s economic system. Audi can also be part of the German consortium — which incorporates Daimler and BMW — that purchased Nokia’s HERE precision mapping property for $3.1B. RIGHT HERE has made strides in designing an open specification for automobile sensor data collected and transmitted to the cloud by related autos.

CEO Elon Musk has been particularly bullish on the sphere, saying in 2015 that the expertise behind absolutely autonomous autos was only two to three years away,” with one other one to 5 years” needed for regulatory approvals. In October 2018, GM introduced an autonomous car partnership with Honda that may see Honda make investments $2.75B in GM’s Cruise unit over 12 years. read more