financetom
Business
financetom
/
Business
/
Mobileye Global Cooperates With Volkswagen, Valeo to Upgrade Driver Assistance Systems
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mobileye Global Cooperates With Volkswagen, Valeo to Upgrade Driver Assistance Systems
Mar 25, 2025 3:34 AM

06:16 AM EDT, 03/25/2025 (MT Newswires) -- Mobileye Global ( MBLY ) said Tuesday that it is working with Volkswagen Group and Valeo to upgrade the advanced driver assistance systems to enhanced partially automated driving in its vehicle portfolio upcoming in the next few years.

This cooperation is expected to improve safety and driving comfort in high-volume vehicles, the company said.

The system will offer features like hands-free driving, traffic jam assist, hazard detection, parking assist, driver monitoring and 360-degree emergency assist.

Mobileye's shares were up more than 5% in recent premarket activity.

Price: 16.11, Change: +0.85, Percent Change: +5.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
HK Power Launches as New Distributed Solar and Storage Developer
HK Power Launches as New Distributed Solar and Storage Developer
May 5, 2026
Backed by Apricus Generation, HK Power will acquire and develop large DG-scale projects BROOKLYN, N.Y., May 5, 2026 /PRNewswire/ -- HK Power, a newly formed distributed energy developer, today announced its launch. Founded by industry veterans Josh Hotvet and Omar Khaleel, and backed by Apricus Generation, HK Power will focus on acquiring and developing large distribution-scale solar, solar-plus-storage, and standalone...
Public Knowledge® Acquires Programs from Civic Dinners, Inc. to Expand Team Communication and Leadership Services
Public Knowledge® Acquires Programs from Civic Dinners, Inc. to Expand Team Communication and Leadership Services
May 5, 2026
LAKEWOOD, N.J., May 5, 2026 /PRNewswire/ -- Public Knowledge® has acquired the Workplace Culture Conversations and Civility Training programs from Civic Dinners, Inc., expanding its leadership and team development offerings.  These programs focus on strengthening interpersonal communication and team dynamics, with an emphasis on navigating difficult conversations and addressing conflict in day-to-day interactions. The programs have been adopted across industries and have...
Assurant Q1 Adjusted Earnings, Revenue Rise
Assurant Q1 Adjusted Earnings, Revenue Rise
May 5, 2026
02:48 PM EDT, 05/05/2026 (MT Newswires) -- Assurant ( AIZ ) reported Q1 adjusted earnings Tuesday of $5.95 per diluted share, up from $3.39 a year earlier. Analysts polled by FactSet expected $5.29. Revenue for the three months ended March 31 was $3.42 billion, up from $3.07 billion a year earlier. Analysts surveyed by FactSet expected $3.29 billion. For the...
Warby Parker Faces 'Challenging' Q1 on Weather, Consumer Pressure, UBS Says
Warby Parker Faces 'Challenging' Q1 on Weather, Consumer Pressure, UBS Says
May 5, 2026
02:49 PM EDT, 05/05/2026 (MT Newswires) -- Warby Parker ( WRBY ) is expected to post a challenging Q1, UBS Securities said, adding that results will likely be impacted by severe winter weather and increasing pressure on the consumer from rising gasoline prices. The brokerage said in a Monday research note that the retailer's core cash paying customer may have...
Copyright 2023-2026 - www.financetom.com All Rights Reserved