Industry

Intel is set to acquire a 15 percent stake in digital mapping company HERE which is owned by Audi, BMW and Mercedes-Benz. The acquisition is set to be completed in the first quarter of 2017, pending approval from various regulatory bodies. In addition to the acquisition, Intel and HERE have signed...

In late 2015, Ford Motor Company [NYSE:F] pledged to spend $4.5 billion over a five-year period to develop 13 new electrified cars by 2020. Ford on Tuesday identified seven of the 13 electrified cars in a company-wide strategy announcement that also outlined plans to create more jobs in the United...

Volvo has been developing self-driving cars for several years and in 2015 teamed up with fellow Swedish firm Autoliv, an automotive supplier specializing in safety systems, to share research to accelerate the development of the technology. On Tuesday, Volvo and Autoliv announced the formation of a...

The French government in early 2016 pledged to install over a five-year period 1,000 kilometers (621 miles) of roads lined in solar panels. The first kilometer has now been completed, on the Route RD5 between the towns of Tourouvre and Gué-à-Pont. Called Wattway, the so-called solar...

While Fiat Chrysler Automobiles CEO Sergio Marchionne has been adamant that Alfa Romeo is not for sale, some industry analysts see the sale of Alfa Romeo along with fellow Italian brand Maserati as being entirely possible. FCA’s share price was on the decline for much of 2016, with around $7...

China is the single biggest market in the world for cars, and automakers are scrambling to capitalize on the strong demand in the country. However, recent government crackdowns are dampening enthusiasm at some of them. The latest to raise the ire of Chinese regulators is the joint venture between...

In mid-December, Uber added San Francisco, California to the list of cities where the company is testing self-driving prototypes. However, the ride-sharing giant on Thursday said it was moving the prototypes to Phoenix, Arizona. Uber never obtained a permit for testing self-driving cars on...

Volvo Cars, not to be mistaken with the Volvo Group bus and truck giant, is wholly owned by Chinese automaker Geely. However, the company has a long-term goal of becoming publicly traded and has already made the first steps towards reaching the goal. The last major automaker to go public was...

The Volkswagen Group on Tuesday announced it reached a $1 billion settlement with regulators in the United States to resolve claims related to its vehicles fitted with 3.0-liter diesel engines. The settlement still needs to be approved by U.S. District Judge Charles R. Breyer, who is presiding over...

Bugatti has named Stefan Ellrott as its new development boss. Ellrott was previously in charge of development at the Volkswagen brand. He starts his new role at Bugatti on January 1, 2017, replacing the retiring Willi Netuschil who has been Bugatti’s development boss since 2012. Ellrott, 48...

Aston Martin has started construction on the new plant that will be used for production of an SUV based on the DBX concept car unveiled at the 2015 Geneva auto show. The site of the plant is a decommissioned aircraft hangar previously used by the United Kingdom’s Ministry of Defence, located...

Following its September presentation of guidelines for the safe testing and deployment of self-driving cars, the Department of Transportation proposed a ruling on Tuesday that would advance the deployment of connected vehicle technologies. The DOT proposed requiring all new cars and light trucks to...

It’s been quite a few years since we last heard about startup automaker Rivian but the company is now making headlines again, this time with news that it’s in talks to buy the former Mitsubishi plant in Normal, Illinois. A statement issued by the Illinois Department of Commerce outlines...

Car thieves want your wheels, and they will find a way to take them away from you. Automakers attempt to combat them in a number of ways but the car thieves are crafty and they evolve alongside the vehicles. It seems there's a new means for the baddies to pinch your ride if it's one that's equipped...

The Volkswagen Group has formed a new unit tasked with the development of new mobility solutions. The unit is called MOIA, a name that's meant to signify independent mobility for all. The VW Group rightfully sees the automotive landscape undergoing rapid change. Alongside the traditional business...

Back in August, a startup by the name of nuTonomy made headlines following the launch of the world’s first taxi service built around self-driving cars. Albeit a trial only, the service, which covered a few streets in Singapore, provided an early look at a likely future where self-driving cars...

About 120 BMWs were damaged on Sunday when a train they were being transported on derailed near Blair, South Carolina. Fortunately there were no injuries to staff onboard the train. The same can’t be said for many of the vehicles, which included X3, X4, X5 and X6 SUVs, many of which are...

Clues that Apple [NSDQ:AAPL] might be developing self-driving car technology has emerged in a letter sent by the tech giant to the National Highway Traffic Safety Administration. The letter, obtained by The Wall Street Journal, was sent by Apple’s head of product integrity Steve Kenner and...

Comma.ai is an electronic driving aid developed by computer programmer George Hotz. It's a partial self-driving solution that can be retrofitted into virtually modern car, and Hotz's plan was to sell the kit for $999. However, a problem arose when the National Highway Traffic Safety Adminstration...

As it gears up to expand its lineup to seven distinct vehicles from the current tally of four, Aston Martin has managed to snag the man in charge of developing vehicle structures at Ferrari [NYSE:RACE]. Aston Martin on Thursday announced it has hired Maximilian Szwaj as its new Vice President and...