Industry
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There has been a flurry of announcements concerning the Apollo self-driving car program of Chinese tech giant Baidu in the past week. The latest comes from Volkswagen Group which on Friday said it would join the Apollo program. The automaker also said it would gain a seat on the program's board of directors. The announcement came the same week VW Group said it would join Intel's recently acquired self-driving car business Mobileye to launch a self-driving service in Israel. Development of the service will commence in early 2019 and roll out in phases reaching full commercialization in 2022...
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Volvo certified vehicle program now includes unlimited mileage warrantyVolvo announced its revised Certified by Volvo pre-owned vehicle program on Thursday, and it has a new offer to attract buyers. Each certified pre-owned Volvo will come with an unlimited mileage warranty. While it's not a lifetime warranty, Volvo said it can customize the warranty to a buyer's...
Sean Szymkowski -
Geely purchases Utah Motorsports CampusGeely has bought itself a race track. The Chinese automaker announced Monday it has completed the purchase of the Utah Motorsports Campus, formerly known as the Miller Motorsports Park. The Toole County Commissioners has said it agreed to sell the motorsports park to Mitime Utah Investment LLC for...
Sean Szymkowski -
Jaguar Land Rover invests in electric motorcycle startup ArcJaguar Land Rover via its InMotion Ventures investment fund has backed an electric motorcycle startup by the name of Arc. It's part of the British automaker's goal of delivering excitement in a world of increasing electrification. “Electric vehicles are pivotal for the future of urban...
Viknesh Vijayenthiran -
Faraday Future seeking new investmentFaraday Future has officially opened itself to "potential investors from around the world." The electric-car start-up said it has begun exploring strategic options, according to a Thursday Reuters report, and hopes to attract new investors. Options include debt and equity financing. This year has...
Sean Szymkowski -
Ford partners with Chinese tech giant Baidu to test Level 4 self-driving carsFord and Chinese internet services giant Baidu have joined forces to develop self-driving technology. The two firms announced last week that they will jointly test Level 4 self-driving cars in Beijing, initially in a program of two years duration starting in late 2018. A Level 4 self-driving car...
Viknesh Vijayenthiran -
American sports car manufacturer and race team Scuderia Cameron Glickenhaus on Thursday revealed the first details on a new plant to be assembled in Connecticut. The site (shown below) will join SCG's existing plant in New York where the company builds the 003 supercar and is laying the groundwork for a new 007 hypercar destined to race at the highest level in the 24 Hours of Le Mans. A third plant, to be located in California, is envisaged for SCG's Boot (005) off-roader. The Connecticut plant will be the home of the 004 and 006 sports cars that SCG unveiled during the past year. The 004 is...
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Chapter closed: Book by Cadillac subscription goes on hiatusBook by Cadillac, the luxury brand's car subscription service, will shut down effective Dec. 1. The Wall Street Journal first reported on the subscription service's end and cited ongoing challenges for the program's demise. Motor Authority reached out to Cadillac for additional information on the...
Sean Szymkowski -
Volvo will jointly develop self-driving car with Chinese tech giant BaiduVolvo hit the accelerator Thursday on the further integration of the automotive and tech industries by announcing plans to jointly develop a self-driving car with Chinese internet services giant Baidu. The plan is to mass produce the cars in China for sale to fleets as well as individuals. Timing...
Viknesh Vijayenthiran -
Low- and zero-emission zones are comingLondon is a congested city that takes emissions and noise violations rather seriously. It's rather pricey to drive a gas-guzzling machine into town there. Now it's even more restrictive as certain roads are set to become available only to low-emission vehicles. Moor Lane in London is the first such...
Jeff Glucker -
VW promises commercial self-driving service in Israel by 2022The Volkswagen Group is the latest firm to announce plans for a commercial ride-hailing service involving self-driving cars. The German auto giant will join Intel's recently acquired self-driving car business Mobileye to develop the service whose development will commence in early 2019 and roll out...
Viknesh Vijayenthiran -
Jaguar Land Rover announces turnaround plan as sales slideJaguar Land Rover is reeling from a sharp decline in sales in the third quarter as the automaker faces falling demand in its key markets of China and the United Kingdom. Global sales for the Jaguar and Land Rover brands were down 13.2 percent on the same period a year ago, coming in at 129,887...
Viknesh Vijayenthiran -
Faraday Future is currently in the midst of serious financial and executive turmoil. Top leadership is jumping ship as previously secured funding is not quite as secure as previously believed. Now, company co-founder and senior vice president of product R&D and engineering Nick Sampson has stepped down. Reuters reported Tuesday that Sampson, a former Tesla executive, is the second of three Faraday Future co-founders to step away from the embattled electric automaker. Only CEO Jia Yueting remains and he has a tough fight ahead of him. Faraday Future recently announced significant layoffs...
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Former Audi CEO Rupert Stadler released from prisonFormer Audi CEO Rupert Stadler was released from a German prison this week after spending four months behind bars. While never charged, Stadler was taken into custody over concerns he would suppress evidence related to a German investigation into the Volkswagen Group diesel emissions cheating...
Viknesh Vijayenthiran -
Daimler open to another collaboration with TeslaAt one point, Daimler owned 10 percent of Tesla. That was back in 2009 when the German auto giant acquired stock in Tesla in an effort to collaborate and develop electric car technology. However, as it started to become clear that electric cars were popular with some buyers, Daimler in 2014 decided...
Jeff Glucker -
All that fancy safety tech in your car could hike your repair billsCars are safer than ever. There are whole hosts of systems onboard with the goal of keeping drivers and passengers safe. This tech is great at keeping you out of harms way, but it might come back and bite you should any of it need repairing. According to AAA, all of the safety tech in our newest...
Jeff Glucker -
PSA Group chooses Washington, DC to start car sharing serviceThe PSA Group wants to gain a foothold here in the States. PSA executed the first part of this plan by launching its car sharing service, Free2Move, on Thursday in Washington, D.C. Free2Move launched in D.C. with a fleet of 600 Chevrolet Cruise sedans and Equinox crossover SUVs parked in all eight...
Jeff Glucker -
Porsche's next experience center is being built at a German F1 trackGermany will be home to Porsche's next experience center, but it won't be settled just anywhere. The brand announced Monday that the latest center will be built within the confines of the Hockenheimring, one of the racetracks hosting the Formula 1 German Grand Prix (the other is the...
Sean Szymkowski -
Aston Martin design won't be purely British-born in the future. The automaker announced Wednesday that it has opened its first design studio outside of the United Kingdom. The newest studio resides in Shanghai, China and bears the title Aston Martin Lagonda Creative Lab. The studio is a partnership between the automaker and Shanghai-based Tongji University, one of the world's leading universities for in the study of design and innovation. Marek Reichman, Aston Martin executive vice president and chief creative officer, said the Chinese market is incredibly important to the brand's future...
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Could Volkswagen be Waymo's partner in Europe?The Volkswagen Group and Waymo are reportedly in talks over partnership in the area of mobility services in Europe. Germany's Manager Magazin reported Thursday that the two firms are interested in working together and that VW Group CEO Herbert Diess had even suggested purchasing a 10-percent stake...
Viknesh Vijayenthiran -
Tesla's Chinese plant will initially build Model 3, Model YTesla a week ago purchased a plot of land near Shanghai to build its Chinese plant. The plant, which will be 100 percent owned by Tesla and have the capacity to build 250,000 vehicles annually initially, will start off building the Model 3 and upcoming Model Y. The information was detailed in a...
Viknesh Vijayenthiran -
Bentley names new CEO and president for US operationsBentley has a new CEO and president for its American operations in Christophe Georges. His appointment to the top position in the United States comes as Bentley's Volkswagen Group parent shuffled its executive deck in North America just weeks ago. Georges will succeed Mark Del Rosso, who was...
Sean Szymkowski -
Tesla increases Model 3 Mid Range price, drops Full Self-Driving optionDays after announcing a new mid-range Model 3 variant, Tesla has increased the price of the electric car from $45,000 to $46,000. The price hike also follows news that Tesla has dropped the Full Self-Driving option from its online configurator. Tesla told Motor Authority the $1,000 price increase...
Sean Szymkowski -
Faraday Future plans layoffs, wage cuts as money troubles resurfaceFaraday Future has once again shifted to a poorer outlook as the electric car startup prepares to lay off employees and cut employee salaries. The latest measures in frugality come as Faraday Future feuds with its main investor over new installments of funds. The Verge reported on the forthcoming...
Sean Szymkowski