Industry
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Volvo and its Silicon Valley-based partner Luminar announced a breakthrough lidar system that should help both companies make Level 4 self-driving cars a reality sooner. Lidar is the essential component that many automakers and technology companies have employed to give a self-driving car sight. The technology allows the self-driving car to see the world around it, and until now, lidar only gave the vehicles a view about 130 feet away. Luminar's new system has upped the figure to 820 feet. The extra distance will give a self-driving car the ability to see 7.5 seconds ahead of itself. What's...
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2019 North American Car & Truck/Utility of the Year finalists announcedOn Wednesday, jurors narrowed down a list of semi-finalists to three finalists in each category for the 2019 North American Car & Truck/Utility of the Year awards. This time, the finalists for North American Car of the Year are: Genesis G70 Honda Insight Volvo S60 All three fended off a handful...
Sean Szymkowski -
BMW mulls second US plantBMW is considering a second plant in the United States, the automaker's CEO Harald Krüger told Reuters in an interview Tuesday. The plant would be for engines and transmissions and supply BMW's existing vehicle plant in Spartanburg, South Carolina and possibly the new vehicle plant that BMW...
Viknesh Vijayenthiran -
Cadillac CT6 to bow out after 2019, going out with twin-turbo V-8 gloryGeneral Motors announced a purge to its passenger car lineup on Monday, and we have official confirmation the Cadillac CT6 sedan is part of the car cull. A Cadillac spokesperson confirmed with Motor Authority that the CT6 sedan will exit production in mid-2019. The spokesperson confirmed the 2019...
Sean Szymkowski -
Morgan could be mystery buyer of outgoing Aston Martin Vanquish IPIn October, it was revealed that a company had bought the second-generation Aston Martin Vanquish's tooling and design drawings. Today, we may know who the mystery buyer was. Automotive News (subscription required) reported last week that fellow British automaker Morgan may be the company behind...
Sean Szymkowski -
Aston Martin to double production by 2025, says CEOAston Martin has ambitious plans to continue its growth well into next decade. The British luxury brand, which went public last month, plans to double its current production figures by 2025, CEO Andy Palmer said. The brand's first SUV, the DBX, should contribute a healthy margin to the doubled...
Sean Szymkowski -
General Motors on Monday said that it will discontinue the Chevrolet Volt, Cruze, and Impala early next year and shutter three assembly plants in the U.S. and Canada as it reduces its workforce and feeds demand for crossover SUVs and pickups rather than sedans. GM said that the assembly plants it will idle by the end of 2019 include the Lordstown plant near Warren, Ohio, the Detroit-Hamtramck plant in Michigan, and one in Oshawa, Ontario, Canada. In a release, GM said that the plants won't be allocated new products, which will spell the end of the line for several sedans in the automaker's...
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Nissan, Mitsubishi drop Carlos Ghosn as chairman following his arrestAt a special board meeting held Thursday, directors at Nissan unanimously voted to drop Carlos Ghosn as the automaker's chairman and representative director. The decision followed the arrest of Ghosn on November 19 on allegations of underreporting of personal income with financial regulators and...
Viknesh Vijayenthiran -
Elon Musk open to working with Daimler on electric vanOnly last month, Daimler CEO Dieter Zetsche revealed in an interview with Polish newspaper Rzeczpospolita that the company's 2014 divestiture of a stake in Tesla didn't exclude the possibility of a future cooperation between the two firms. Tesla CEO Elon Musk has since given similar comments...
Viknesh Vijayenthiran -
Maserati-Alfa Romeo bundle was a mistake says FCA CEOAs newly minted Fiat-Chrysler Automobiles CEO Mike Manley settles in, his strategy is starting to become clear. As part of it, we'll see Maserati drift away from Alfa Romeo in the future. Manley said the strategy to bundle Maserati and Alfa Romeo under one leader was a mistake, according to a...
Sean Szymkowski -
Ford wants to eradicate new car smell in ChinaThe new car smell is often regarded as one of the best parts of a vehicle purchase. Well, at least across the majority of the globe. In China, not so much. In fact, Chinese consumers detest the new car smell. So much so that Ford is working to eradicate from new vehicles sold locally. Reuters...
Sean Szymkowski -
Here's what could happen if you run a red lightFrom texting to drunk driving, some folks don't understand that driving is a privilege and not a right. Keep your eyes on the road and stay safe, because if you don't you might run a red light. This is what that could look like. The Insurance Institute for Highway Safety (IIHS) has put together a...
Jeff Glucker -
Carlos Ghosn, the man credited with saving Nissan from bankruptcy in the late-1990s, allegedly lied about his salary to investors and used company money for personal expenses, the automaker said Monday. In a statement, Nissan said it would remove Ghosn and another director, Greg Kelly, after an internal investigation revealed the alleged fraud. The Washington Post reported that Ghosn was arrested Monday. "The investigation showed that over many years both Ghosn and Kelly have been reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual...
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Faraday Future employees sue key investorDrama continues to unfold between electric car startup Faraday Future and its key investor, Chinese conglomerate Evergrande Health Industry Group Ltd. A Wednesday report from The Verge uncovered that Faraday Future employees have now sued the investor. Employees filed the lawsuit in Los Angeles...
Sean Szymkowski -
Daimler delivers first electric Mercedes-Benz bus in GermanyMercedes-Benz's first electric bus is now ready to hit the streets in the city of Hamburg, Germany. Parent company Daimler announced Thursday the first of 20 Mercedes eCitaro buses was handed over to Hochbahn, a public transport company in the city. The eCitaro made its debut in September and...
Sean Szymkowski -
Maserati names FCA dealer network head as new North America chiefAs part of Fiat Chrysler Automobiles CEO Mike Manley's executive shifts, Al Gardner has been selected to lead Maserati in North America. Harald Wester, Maserati's chief operating officer, made the announcement on Monday, according to Automotive News (subscription required). Gardner will now report...
Sean Szymkowski -
Ford partners with Walmart for new self-driving delivery pilotFord has begun various trial delivery services with its self-driving car prototypes across the United States, but now it has announced its most ambitious program yet. The automaker said on Wednesday it has partnered with Walmart and Postmates for a self-driving delivery service. The program will...
Sean Szymkowski -
GM's Maven car-sharing service to add other brand's vehiclesGeneral Motors' Maven mobility brand recently launched its foray into the peer-to-peer car sharing business via Peer Cars. But, next year, it won't be just GM vehicles. Vice president of GM Urban Mobility and Maven, Julia Steyn, said Monday the brand's Peer Cars car-sharing service will add non-GM...
Sean Szymkowski -
Care by Volvo jumped off the starting line with a hiccup, but the subscription program has become more popular than executives first expected. Automotive News (subscription required) reported Monday that within four months of the program's launch, Volvo ran out of the entire number of subscriptions it anticipated for the first year. Naturally, this has created major backlogs and stirred up frustration with dealerships. Volvo dealers also feel concerned the model could overshadow traditional auto sales. Further, Care by Volvo has also squeezed supply of the XC40 crossover, which was the first...
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T-Rex maker Campagna files for bankruptcyThe company behind the wild T-Rex three-wheeler has sought bankruptcy protection. According to a Jalopnik report from Monday, Campagna has filed for bankruptcy, though the extent of the Canadian firm's money problems is unknown. Campagna has built the T-Rex three-wheeler since 1995. As the pride...
Sean Szymkowski -
Waymo's self-driving taxi service reportedly starts early DecemberIn a matter of weeks, Waymo, Alphabet Inc.'s self-driving car business, will launch the world's first commercial service involving fully self-driving cars. Citing a person familiar with the plans, Bloomberg reported Tuesday that the service is scheduled to start in Phoenix, Arizona in early...
Viknesh Vijayenthiran -
Geely to develop hyperloop-style supersonic trainZhejiang Geely Holding Group, the Chinese automaker that controls the Volvo and Lotus brands, on Tuesday announced plans to develop a hyperloop-like train capable of supersonic speeds. That means in excess of 767 mph. The train will use magnetic levitation to eliminate ground friction and vacuum...
Viknesh Vijayenthiran -
Robyn Denholm replaces Elon Musk as Tesla chairmanTesla late on Wednesday named Robyn Denholm as its new chairman to replace Elon Musk, effective immediately. Musk was forced to give up the role as part of a settlement with the Securities and Exchange Commission over a lawsuit filed against him for his infamous “funding secured” tweet...
Viknesh Vijayenthiran -
Ineos' Land Rover Defender rival could be built at Ford plantLand Rover's last Defender has a tough, low-cost appeal that will likely be lost when the redesigned model arrives in 2020. That's because Land Rover looks to be basing its new Defender on a modular, aluminum-intensive platform that will be shared with future versions of the Discovery and Range...
Viknesh Vijayenthiran