Renault backs magazine publisher ahead of driverless future

Driverless cars means freeing up your hands and your attention, which in turns means more time to read glossy magazines. That is the logic behind Renault’s decision to buy a 40 per cent stake in Perdriel Group, the publishing house behind weekly business magazine Challenges. “Today, French and European commuters spend about two hours in their car every day,” the French carmaker said. With “the development of the connected driverless vehicle, users will have more time to spend on other activities while in the car.”

The price of the investment was not disclosed.

For the full story read the FT

https://www.challenges.fr

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