* Munich - Truck maker MAN makes investment in Silicon Valley start-up
--- MAN is investing 8.5 million dlrs in a Silicon Valley start-up to improve cargo planning for trucking companies... The German truckmaker, which is part of the Volkswagen Group, said the move will give it an active role in shaping the digital transformation of the industry. It will also help it gain experience in digitized logistics and provide it with a US business model that can be transferred to Europe... The startup company, FR8 Revolution, will launch an IT platform that will provide shippers, carriers and truck drivers with a new planning tool based on real-time data. It will be available shortly... VW, like most other car groups, has ambitious plans to offer strong connected features in all its new vehicles. The company announced earlier this year that it is investing several 100 million euros in digital technologies... Partly as a result, every new MAN and Scania truck “will be online” from next year, VW said. Scania is the VW Group’s other truck brand...
Munich, Germany - Automotive IT - 7 June 2016Labels: truckmakers news Germany
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