Volvo Group Names Lead For New Autonomous Unit [Yahoo! Finance News]
ISUZU MOTORS UNSP/ADR (ISUZY)
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Source: Yahoo! Finance News
Volvo Group has named a financial services executive to lead its new autonomous solutions unit. Nils Jaeger will oversee Volvo's efforts in autonomous and connected vehicles, including the driverless Vera port vehicle agricultural applications in Brazil Jaeger is president of the Europe, Middle East and Africa for Volvo Financial Services. In his new role effective Jan. 1, 2020, he will report to Volvo Group President and CEO Martin Lundstedt and be a member of the Group management team. As president of Volvo Autonomous Solutions, Jaeger will lead acceleration, development, commercialization and sales of self-driving vehicles targeted on moving large volumes of goods and material on predefined routes in repetitive flows. Volvo also has a partnership with Nvidia to develop artificial intelligence for self-driving vehicles. "The Volvo Autonomous Solutions team will meet a growing demand and offer the best possible solutions to customers in such segments as mining, ports and transport b
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