Tag: Telematics
Prometeon and Greenroad sign partnership agreement
Prometeon Tyre Group has signed a partnership agreement with GreenRoad, a provider of fleet safety and performance solutions. According to the two companies, the agreement enables Prometeon to “enrich its PRO-Services fleet services portfolio, through the addition of PRO Drive, the new solution based on GreenRoad Know-how and expertise in the fleet management and Telematics sector.”
ETRMA: Vehicle data access a requirement for successful TaaS
When ETRMA called for open access to vehicle data for tyre manufacturers, the European Tyre and Rubber Manufacturer's Association had current and nascent Tyres as a Service (TaaS) technology in mind.
Tyre industry calls for equal access to in-vehicle data
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has outlined the importance of access to in-vehicle data and communication with drivers. “Connected & Automated Mobility”, a report prepared in collaboration with Quantalyse, draws attention to recent proposals for closed data concepts, such as the Extended Vehicle, which give vehicle manufacturers exclusive control of in-vehicle data, thereby hindering innovation by third parties.
Michelin buys Masternaut
Michelin has agreed to buy the entire share capital of Masternaut, one of the largest European telematics providers, for an undisclosed amount. While not price details have been released, according to the company, the transaction has been made on the basis of eight-times 2018 EBITDA before synergies. Masternaut will continue to operate under its own brand as a fully-owned subsidiary within Michelin, and the transaction is expected to close within the next sixty days.
Bridgestone Europe completes acquisition of TomTom Telematics
Bridgestone Europe has completed the acquisition of TomTom Telematics (Telematics) for €910 million. The deal passed the relevant regulatory stages, had full approval from TomTom’s shareholders, and received a positive response from TomTom’s works council, the tyre manufacturer states. Tyres & Accessories spoke with Bridgestone about the thinking behind the acquisition when it was announced in January.
Haulier Ronnie S Evans signs up to Michelin Effitrailer programme
After participating in an eight-month trial, family-owned haulier Ronnie S Evans has signed its entire trailer fleet up to Michelin’s Effitrailer programme. Results suggest that the haulier saved £45,000 during the trial period.
The thinking behind Bridgestone’s TomTom Telematics acquisition
Bridgestone’s successful acquisition of TomTom Telematics follows earlier reports that both Michelin and Bridgestone were vying to buy the Telematics business unit from Netherlands-based company TomTom. In addition, according to Dutch financial daily Het Financieele Dagblad, Michelin was one of four in the running. For its part, Michelin was allegedly aiming to add the business into its Michelin Solutions portfolio. Clearly, in order to maintain its original plans and to compete with Bridgestone, Michelin will now have to find an alternative way of moving forward.
Bridgestone buying Tomtom Telematics for 910 million euros
Bridgestone Europe NV/SA, the Europe Middle East and Africa (EMEA) subsidiary of Bridgestone Corporation, has entered into an agreement with TomTom to acquire its telematics business for a cash consideration of 910 million euros. Michelin had also been named as a suitor for the business when the news that TomTom Telematics was for sale emerged in November 2018.
Michelin, Bridgestone interested in TomTom telematics business
It appears that Michelin and Bridgestone are interested in acquiring the TomTom Telematics business unit from Netherlands-based company TomTom. According to Dutch financial daily Het Financieele Dagblad (FD), Michelin – one of four companies vying to acquire the business – allegedly aims to add the business into its Michelin Solutions portfolio. The other interested parties are said to be Pamplona Capital Management, which already holds a 26.5 per cent share in London-headquartered telematics and data analytics solutions provider Octo Telematics, and a second, unnamed investment company.
Tructyre Fleet Management adopts Ctrack advanced telematics targeting driver behaviour
Commercial tyre management specialist Tructyre Fleet Management, has adopted an advanced telematics solution from Ctrack, an Inseego company, which will be used to help monitor and improve driver behaviour and fleet productivity. Tructyre will use the web-based vehicle tracking system across a fleet of more than 150 vans and HGVs to achieve greater visibility across the company’s UK operation. It will also be used alongside integrated driver communication, fleet management and reporting tools. This should increase staff engagement, gain operational control and realise added performance insight, the company states.
Bridgestone launches FleetPulse digital maintenance solution
Bridgestone has launched FleetPulse a three-in-one solution composed of a mobile app, a centralised website and tyre pressure monitoring system (TPMS) hardware. FleetPulse reportedly improves transparency related to vehicle health in order to significantly reduce the likelihood of costly and potentially dangerous breakdowns, thus increasing time on the roads while ensuring high safety standards. FleetPulse, which automates roadworthiness checks, will also help fleets to simplify their operations and reduce maintenance costs – two other key challenges for fleets.
Michelin acquires telematics provider NexTraq
The fleet management package Michelin offers in North America is set to benefit from the company’s acquisition of NexTraq, a US provider of commercial fleet telematics. Yesterday the tyre maker reported its purchase of the Fleetcor Technologies subsidiary in an all-cash transaction.
WEX Europe Services strengthens, builds new relationships at Transpotec Logitec
WEX Europe Services’ presence at Transpotec Logitec 2017 in Italy allowed it to reaffirm relationships with existing customers and introduce new contacts interested in its fuel cards and telematics systems, the company stated. Held at Veronafiere, the exhibition for fleet owners and distributors attracted more than 84,000 visitors, from 86 countries, in four days. With this visitor base, WEX Europe Services, owner of the Esso Card fuel card portfolio, said the exhibition was the perfect platform to illustrate the benefits the card can provide fleets in Italy.
Rollout for Michelin solutions’ next-gen Effitrailer telematics
Michelin solutions has announced a suite of upgrades to its Effitrailer telematics programme. The dedicated trailer telematics software now offers three additional system abilities: asset ID, cold-chain management and a remote door opening sensor.
Knorr-Bremse partners with Microlise in telematics deal
The world’s leading manufacturer of braking systems for commercial vehicles, Knorr-Bremse, has partnered UK -ased telematics provider Microlise in a move that will see a range of transport management products launched across Europe.