Industry

  • Aurora Innovation self-driving car prototype

    Aurora Innovation on Thursday announced plans to purchase a lidar company that could have a major effect on the burgeoning self-driving car industry. The California-based Aurora Innovation said it will purchase the Montana-based lidar company Blackmore. The self-driving-systems company said the purchase underscores Blackmore's significant work in lidar technology, specifically with Frequency Modulated Continuous Wave (FMCW), a next-generation lidar system. Lidar is one of a series of sensor types that enable the driver-assistance features needed for self-driving technology. It uses laser...

  • The Boring Company Las Vegas Convention Center station rendering
    The Boring Company shows off tunnel efficiency, nabs Las Vegas contract

    The Boring Company continues to pursue its revolutionary idea of bypassing traffic, and moving commuters in high-speed underground tunnels. Elon Musk's tunneling company decided to show off just how much quicker a ride is compared to sitting in traffic. Wanna race? pic.twitter.com/zDNpdsdHaM...

  • Dieter Zetsche driving a 2019 BMW i8 Roadster
    Free from Daimler CEO role, Dieter Zetsche* no longer hides passion for BMW i8

    *Kind of. Long-time Daimler CEO Dieter Zetsche finally stepped down on Wednesday after more than four decades with the automaker, 13 years of which were spent as its CEO. In jest, longtime rival BMW hired a Zetsche lookalike for a fun video where the lookalike reveals Zetsche's may have had an i8...

  • 2019 Mercedes-Benz C-Class Coupe
    Mercedes-Benz reportedly to cut model variants including coupes and convertibles from US lineup

    Prepare to say goodbye to some Mercedes-Benz model variants in the United States. The German luxury brand may cut loose slow-selling variants. Automotive News (subscription required) reported dealers were told at a dealership meeting earlier this month to prepare for model cuts. The axe could swing...

  • TuSimple self-driving semi truck
    USPS will test self-driving semis in Arizona, Texas

    Mailboxes in Texas and Arizona may soon be full of letters delivered partly from a self-driving semitrailer. The United States Postal Service will partner with self-driving truck startup TuSimple to test autonomous mail transportation, the company said Tuesday. The semi trucks the company will use...

  • 2019 Tesla Model S
    Apple reportedly made a bid for Tesla in 2013, might still be interested

    One could argue that Tesla is viewed as the Apple of the auto industry, even though the financial performance of each company is vastly different. But with the convergence of the auto and tech industries continuing to accelerate, could there be a case for the two companies to be merged? It seems...

  • Rendering of FCA Mack Avenue production plant for Jeep Grand Cherokee production

    Fiat Chrysler Automobiles on Tuesday received approval and tax incentive agreements from Detroit and Michigan officials to support production of next-generation Jeeps, namely a redesigned Grand Cherokee, a new model with third-row seats, and a body-on-frame Wagoneer and Grand Wagoneer. Michigan will provide tax incentives valued at $223.5 million and contribute a total of $261 million to support additional FCA production in the state, Governor Gretchen Whitmer said in a speech on Tuesday, The Detroit News reported. Part of the state funds is a $55 million bill for land assembly activities...

  • General Motors next-generation electrical platform
    GM dials up new digital vehicle platform to support future technology

    General Motors on Monday showed off its latest electronic platform to support the needs of future vehicles as more technology seeps into them. The electrical architecture will provide the structure for future active safety features, infotainment systems, electric cars, and the automaker's...

  • 2019 Cadillac XTS
    Cadillac XTS production to cease in October

    Cadillac's aging XTS will finally bow out of production in October, according to information in a union bulletin published May 9. The front-wheel-drive sedan is built at General Motors' plant in Oshawa, Canada, and shares a production line with the related Chevrolet Impala. The Canadian plant also...

  • Lotus Evora GT4 concept
    Out of survival mode, Lotus plans to hire 200 new engineers

    Lotus is looking to turn a money loser into a winner. The British sports car maker said it's ready to hire 200 new engineers as it steps up its turnaround plan, thanks to its new Chinese owner, Zhejiang Geely Holding Group. The firm's CEO Phil Popham told The Telegraph on Sunday Geely's...

  • 2019 Maserati Levante Trofeo, 2018 New York auto show
    Maseratis to be first FCA cars to benefit from BMW driver-assistance systems

    Fiat Chrysler Automobiles has largely opted out of developing its own self-driving technology and instead decided to find a partner. In 2017, FCA joined BMW's self-driving car alliance, which includes Mobileye and Intel, for future autonomous car technology, and now we know it's headed to Maserati...

  • Mercedes-Benz Ambition 2039
    Mercedes estimates plug-in hybrids and EVs will be half of sales by 2030

    Mercedes-Benz on Monday announced the ambitious target of becoming carbon neutral by 2039. That's 20 years away or less than three product cycles, which for an automaker the size of Mercedes is a short time to transform its entire operations. Key to reaching the goal will be expanding the number of...

  • 2019 Mercedes-Benz C-Class (C43 sedan)

    With the SUV market booming, Mercedes-Benz may make a tough decision in the near future. The automaker is rumored to be considering ending C-Class production at its plant in Tuscaloosa, Alabama. Automotive News (subscription required) reported on the possible decision on Monday. The C-Class sedan's production exit from the U.S. would leave more room for SUV production. The Alabama plant also builds the GLE and GLS. In the future, the plant will also build members of Mercedes-Benz's EQ electric-car family. But with C-Class sales slowing, it's simply a matter of removing what isn't selling for...

  • Rimac C_Two
    Hyundai N electric sports car confirmed with Rimac deal

    Hyundai and Kia announced on Tuesday they've invested 80 million euros (approximately $90 million) in Rimac, the Croation EV technology company responsible for the 1,914-horsepower C_Two electric supercar. The majority of the investment has come from Hyundai, and as part of the deal the two Korean...

  • PSA Peugeot Citroën logo
    France's PSA Group rumored to be interested in acquiring Jaguar-Land Rover

    French automaker PSA Group made a splash when it acquired Opel and Vauxhall from General Motors two years ago, and the company may not be done yet. A new report claims PSA Group is interested in acquiring Jaguar-Land Rover. India's Tata currently owns JLR, and the company is thought to be...

  • Uber logo
    Uber prices IPO at $45, valuing company at $82B

    Ride-hailing giant Uber announced late on Thursday that it has priced its initial public offering at $45 per share, which is at the lower end of the expected price range of between $44 and $50 but still enough to value the company at $82.4 billion. Shares are expected to be listed on the New York...

  • 2019 Maserati Levante Trofeo
    Maseratis won't be powered by Ferrari engines much longer

    One of the most compelling reasons to buy a modern Maserati is that its engine is built by Ferrari. That won't be the case for long, though. Maserati won't renew its engine supply deal with Ferrari once the current contract expires, Ferrari CEO Louis Camilleri revealed on Tuesday during a first...

  • Teaser for 2020 Volkswagen ID 3 debuting at 2019 Frankfurt auto show
    VW ID 3 electric car tallies 10,000 pre-orders in 24 hours

    The Volkswagen ID 3's soft launch did not go unnoticed. Following the electric hatchback's confirmation on Wednesday, VW opened order books to European buyers for the vehicle. In 24 hours, 10,000 buyers laid down deposits. The German brand said in a Thursday release that web traffic of buyers...

  • Christian Meunier, Jeep Global President

    Christian Meunier has been named Global President of the Jeep brand, Fiat Chrysler Automobiles announced Tuesday. The executive was hired away from Infiniti, where Meunier was appointed as President in January. Meunier was at Infiniti's top job for just four months before he resigned to lead Jeep. He replaced Roland Krueger as Infiniti President, who left the Japanese luxury brand to lead Dyson's electric car program, also in January. Infiniti said in its own announcement that Chief Quality Officer Christian Vandenhende will oversee global operations following Meunier's departure, effective...

  • Mazda Vision Coupe concept, 2017 Tokyo Motor Show
    Mazda readies new SkyActiv-X inline-6 engine

    In an industry focused on electrification and alternative powertrains, Mazda is prepared to buck the trend. The Japanese automaker confirmed it has a new inline-6 engine in the pipeline. Yes, a much smaller automaker with a fraction of the profitability is readying the same kind of engine Toyota...

  • Workhorse W-15 extended-range electric pickup truck
    Workhorse in talks with GM to buy Ohio plant for electric pickup truck

    Workhorse, an Ohio company specializing in electric commercial vehicles, is in talks with General Motors to purchase the Lordstown Complex plant, which produced the Chevrolet Cruze until it was idled in March. The plant, located in Lordstown, Ohio, was among five North American vehicle plants that...

  • Porsche logo
    Porsche served $598M fine in Germany over diesel scandel

    German regulators fined Porsche $598 million on Tuesday for their involvement in the widespread VW diesel scandal. Porsche said Tuesday it will not appeal the decision, which effectively closes another chapter in the VW Group's massive diesel scandal that broke four years ago. The fine includes a...

  • Teaser for 2020 Volkswagen ID 3 debuting at 2019 Frankfurt auto show
    VW plans ID 1 and 2 to slot under ID 3 electric hatch

    It didn't take long after our first look at the Volkswagen ID 3 on Wednesday to hear that VW's electric plans go much further. Autocar reported Wednesday that the ID 3 will leave room for ID 1 and ID 2 models. With the ID 3 name, VW will follow other automakers that have moved to single digits or...

  • Porsche Mission E concept
    VW Group reportedly drops electric sports car platform, mulls Bentley sale to cut costs

    The Volkswagen Group is in for a massive shakeup over the next decade as it transitions toward a fully electrified lineup and develops autonomous driving technology. All of this will come at significant cost which, together with the almost $30 billion the automaker's diesel scandal has cost, means...

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