T-Mobile tapped for Audi Connect service, LTE not coming until 2015

Filed under: Technology, Audi, Luxury

2012 Audi A7

2012 Audi A7 – Click above for high-res image gallery

Audi has announced that T-Mobile will supply wireless data for its growing line of net-connected vehicles, allowing drivers to access a range of Audi Connect services on the go. That’s the good news. And there’s a bit more.

The service will debut on the 2012 Audi A7 (with integration for the 2012 A8, A6, Q7 and Q5 Hybrid coming later) and allow drivers to access Google Local Search and Sirius Traffic data, which combined with voice-controlled Google Earth integration will provide drivers with topographical and satellite imagery – the first of its kind in the industry.

Other services include real-time news, weather data and fuel prices, and if your passengers have a WiFi-capable device, Audi Connect will turn the vehicle into a secure, rolling hotspot. All of this will be accessed directly through Audi’s MMI control system, with a T-Mobile sim card provided by the dealer, plugged into the dash and owners given a six-month trial period for the service. After that, you’ll have to sign up for a monthly plan, which Audi and T-Mobile have yet to announce pricing for. So… all good stuff. Now for the bad news.

Markus Putze, VW/Audi’s Senior Engineer on the program, told Autoblog from the CTIA Wireless show that Audi’s much-hyped implementation of 4G LTE connectivity won’t be coming anytime soon. “There are no automotive grade [LTE] modules available at this time,” says Putze, and because of that, integration of high-speed wireless broadband into Audi’s lineup isn’t due to arrive until 2015. At the earliest.

And before the naysayers jump in and say T-Mobile already offers 4G, we’ll stop you right there. According to the definition provided by the International Telecommunication Union, T-Mobile’s HSPA+ system doesn’t provide the speeds necessary to be defined as 4G – that’s at least 100 Mbps down and T-Mobile’s “4G” service only clocks in at 12 Mbps.

However, the agreement between Audi and T-Mobile is set for a minimum of eight years – plenty of time for the carrier to roll out its own real 4G LTE network – and if the deal with AT&T goes through (at least nine months to a year away), that could escalate the development of the service.

Gallery: Audi A7

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T-Mobile tapped for Audi Connect service, LTE not coming until 2015 originally appeared on Autoblog on Tue, 22 Mar 2011 18:20:00 EST. Please see our terms for use of feeds.

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Opinion: Obama should have tapped Ford’s Mulally for adviser role, not Immelt

Filed under: Government/Legal, Ford, Earnings/Financials

Immelt and Obama

When President Obama tapped General Electric chairman and CEO Jeffrey Immelt to be his top outside economic adviser, my first reaction was: Really?

Maybe I’m partial to the auto industry, the industry I follow the closest, but my next reaction was: Was Ford CEO Alan Mulally’s line busy? His email down?

Immelt took over for legendary CEO Jack Welch in 2001. And I’ve never been aware of a huge fan club for Immelt as a great CEO. According to published reports, though, he is very socially and politically connected, and has visited the White House some 16 times since Obama took office.

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[Image: J. Scott Applewhite/AP]

Continue reading Opinion: Obama should have tapped Ford’s Mulally for adviser role, not Immelt

Opinion: Obama should have tapped Ford’s Mulally for adviser role, not Immelt originally appeared on Autoblog on Tue, 01 Feb 2011 18:26:00 EST. Please see our terms for use of feeds.

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Report: BMW, Harley-Davidson among those that tapped Federal Reserve for billions during crisis

Filed under: BMW, Earnings/Financials

BMW Logo

The U.S. government’s Commercial Paper Funding Facility was established towards the tail-end of 2008. The CPFF was created to offer companies short-terms loan when traditional means of establishing credit were crumbling. Lehman Brothers had collapsed and AIG was taking expensive trips while showing the world its pocket lint, but that didn’t mean that other companies weren’t in need of cash, and Washington stepped in to oblige. According to Bloomberg, among those parties taking advantage of the Federal Reserve program were a long list of automotive clients, German automaker BMW among them.

According to Bloomberg, German automaker secured funding assistance intermittently between 2008 and 2009, with the largest single transaction a reported $3.62 billion. This line of credit helped BMW survive during a time when other automakers were getting by on life support. Some of the funds were used to expand the South Carolina facility that produces X3, X5 and X6 models. While suffering its lowest profit in a decade, BMW was still able to produce a positive cash flow of nearly $2 billion.

Taking a look at the data provided by the Feds (download the spreadsheet here – *Warning: Excel spreadsheet), we see that a number of automakers and compnaies also made use of the CPFF, including Harley-Davidson (33 separate instances totaling $2.3 billion), Toyota, Ford, Chrysler, General Motors and Mitsubishi.

[Sources: Bloomberg, The Washington Post | Image: Drew Phillips/AOL]

Report: BMW, Harley-Davidson among those that tapped Federal Reserve for billions during crisis originally appeared on Autoblog on Thu, 02 Dec 2010 18:01:00 EST. Please see our terms for use of feeds.

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