BMW says rivals are interested in joining forces on self-driving cars

4 October 2018 - autoblog

BMW says rivals are interested in joining forces on self-driving cars

'Let's do a common platform'

BMW rivals and ride-hailing companies are considering joining its consortium for developing self-driving cars as auto industry profits come under increasing pressure, board member Klaus Froehlich said on Tuesday.

Carmakers and ride-hailing companies have sought to build self-driving cars as a way to enter the business of smartphone-hailed robotaxis. However, they are entering a crowded field where the likes of Apple and Alphabet Inc have been pouring billions of dollars into cars that can drive themselves.

"Unfortunately, everybody thought they would be the winner and would have an enormous ride-sharing business," BMW board member Klaus Froehlich told Reuters on the sidelines of the Paris Motor Show.

BMW, however, wanted to spread the cost of investment and started a consortium that now includes Mobileye, Magna, FCA and auto suppliers Delphi Automotive and Continental AG.

The technology is proving complex and the returns on investment are taking longer to materialize, causing investors to scrutinize whether go-it-alone strategies make sense.

"I have had another German carmaker saying, 'it sounds like we wasted a lot of money'. I also have had contact from tier one suppliers who say 'let's do a common platform'," Froehlich said.

"Some ride-hailing companies have also expressed interest in joining the consortium."

Froehlich would not be drawn on who might join the consortium beyond saying "there may be some news on this next year".

News By Tags

accidentaccidenteAgenţia Servicii PubliceAlfa RomeoalpineamenziANREANTAAudiAudi A8Audi E-TronAudi Q8audi r8Audi RS4AurusAutostradaAvtoVazBaltiBelarusbikebikesBMWBMW 2 SeriesBMW 3 SeriesBMW 5 SeriesBMW 7 seriesBMW i8BMW ix3BMW M2BMW m3BMW M5BMW m8BMW vs Mercedesbmw x2BMW X4BMW X5BMW x6BotanicabrabusBrexitBucureștiBulgariacarburantiCarte VerdeCheryChinaChiril GaburiciChişinăuChryslerCitroenCNACodul ContraventionalComratcoronavirusCupracustom carDaciaDacia DusterDacia LoganDacia SanderoDacia SpringDatsunDetroit Auto Showdieseldrag racedrumdrumuldrumuriDubai Motor ShowDurleştielectricEUEuropeevFCAferrariFiatFISCFordFord FocusFord TransitFrankfurt Motor ShowfunnyGeelyGeneva Motor ShowGermaniaGiurgiuleștiGreat WallHondaHonda CivicHybridHyundaiHyundai Santa FeHyundai SonataHyundai TucsonIgor DodonIndiaInfinitiINPItaliaItalyJaguarJeepJeep WranglerjobskiaKia Sorentokia soulKia SportageKia StingerLA Auto ShowLadaLada NivaLamborghiniLand RoverLand Rover DefenderLand Rover DiscoveryLeușeniLexusMașiniMazdaMercedesMercedes AMGMercedes S-ClassMercedes SprintermicrobuzeminimităMitsubishiMitsubishi OutlanderMoldovamotorcycleNissanNissan Leafoff-roadoffroadOpelOpel CorsaOpel InsigniaOpel MokkaOrheiparcareParis Motor Showpermispermis de conducerePeugeotPeugeot 208peugeot 508pickuppolitiaPoliția de FrontierăPorschePorsche 911Porsche CayennePorsche CaymanPorsche MacanPorsche PanameraPorsche TaycanpreturiPrimăria ChişinăuPSARange RoverrecallRenaultRenault CapturRenault CLioRenault DusterRenault EspaceRenault Kangoorenault loganRenault Meganerenault sanderoRenault TalismanRolls-RoyceRomâniaRusiaRussiaSculeniSeatSeat LeonServiciul VamalSkodaSkoda KamiqSkoda KaroqSkoda KodiaqSkoda OctaviaSkoda Scalaskoda superbSmartspy shotsSsangYongSsangYong RextonȘtefan VodăsubarusupercarsSUVSuzukiSuzuki JimnytaxătaxitechnologyTeslaTiraspolTokyo Motor ShowToyotaToyota AvalonToyota CamryToyota CorollaToyota HighlanderToyota Land CruiserToyota PriusToyota Rav4Toyota Yaristransport publictuningUberUcrainaUKUngheniUnited StatesUSAVamavanVolkswagenVolkswagen TiguanVolvoVWVW AtlasVW CaddyVW GolfVW TransporterаварииаварияАвстрияавторынокБельцыбензинБуюканыВеликобританиявзяткаводительские праваГерманияграницадорогадорогиДТПимпорт автоИталияКишиневКишинэуКомраткоронавирускоррупцияКППЛадамаршруткиМолдоваобщественный транспортотзывпаркингпарковкаперекрытияполицияПольшаПриднестровьепродажа авторемонт дорогРумынияРыбницастатистикаСтрашеныСШАтаксиТаможнятарифыТираспольтопливотранспортугонУкраинаУнгеныХынчештыценыштрафштрафыэлектроавтоЯссы
Sell Your Car