UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident

LOS GATOS, California (Reuters) – Tesla Inc said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system, raising new questions about the semi-autonomous system that handles some driving tasks. FILE PHOTO: Rescue workers attend the scene where a Tesla electric SUV crashed into a… Continue reading UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident

BRIEF-Tesla Inc – An Update On Last Week’S Accident

March 30 (Reuters) – Tesla Inc: * TESLA INC – AN UPDATE ON LAST WEEK’S ACCIDENT * TESLA ON LAST WEEK’S ACCIDENT “HAVE MORE INFORMATION ABOUT WHAT MAY HAVE HAPPENED” -BLOG * TESLA ON LAST WEEK’S ACCIDENT -“IN MOMENTS BEFORE COLLISION, AUTOPILOT WAS ENGAGED WITH ADAPTIVE CRUISE CONTROL FOLLOW-DISTANCE SET TO MINIMUM” -BLOG * TESLA… Continue reading BRIEF-Tesla Inc – An Update On Last Week’S Accident

UPDATE 4-Uber avoids legal battle with family of autonomous vehicle victim

TEMPE, Ariz. (Reuters) – The family of a woman killed by an Uber Technologies Inc self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez Hesano, an attorney with the firm of Bellah Perez in Glendale,… Continue reading UPDATE 4-Uber avoids legal battle with family of autonomous vehicle victim

BRIEF-Dana Inc Comments On Decision By GKN PLC Shareholders

March 29 (Reuters) – Dana Inc: * DANA COMMENTS ON DECISION BY GKN SHAREHOLDERS * DANA INC – “APPEARS UNLIKELY THAT OUR PROPOSED COMBINATION WITH GKN DRIVELINE WILL PROCEED” * DANA – “ACKNOWLEDGES THE DECISION BY MAJORITY OF SHAREHOLDERS OF GKN PLC TO ACCEPT THE PROPOSAL BY MELROSE INDUSTRIES PLC TO ACQUIRE GKN” Source text… Continue reading BRIEF-Dana Inc Comments On Decision By GKN PLC Shareholders

UPDATE 1-Tesla returned to German subsidies list, ending row

FRANKFURT/BERLIN (Reuters) – Tesla (TSLA.O) buyers in Germany can apply for subsidies again because a government agency has ended its dispute with the U.S. carmaker over whether its Model S was too expensive to qualify for the incentives scheme. A charging point is seen at a Tesla dealership in West Drayton, just outside London, Britain,… Continue reading UPDATE 1-Tesla returned to German subsidies list, ending row

UPDATE 2-Uber reaches settlement with family of autonomous vehicle victim

TEMPE, Ariz. (Reuters) – The family of the woman killed by an Uber Technologies Inc [UBER.UL] self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. FILE PHOTO: U.S. National Transportation Safety Board (NTSB) investigators examine a self-driving… Continue reading UPDATE 2-Uber reaches settlement with family of autonomous vehicle victim

Fate of GKN hangs in balance as investors decide on Melrose bid

LONDON (Reuters) – The three-month battle for GKN will be decided on Thursday when the deadline for shareholders to accept Melrose Industries’ 8 billion pound ($11 billion) hostile bid expires, ending one of the most closely-contested takeover fights in Britain for years. FILE PHOTO: Branding is seen outside the headquarters of GKN in Redditch, Britain,… Continue reading Fate of GKN hangs in balance as investors decide on Melrose bid

Cadillac, Lincoln launch SUVs in New York with an eye on China sales

NEW YORK (Reuters) – Luxury U.S. automaker brands Cadillac and Lincoln both unveiled SUV models this week at the New York auto show to meet rising American demand, but also are keeping one eye on a growing Chinese appetite for the same vehicles, executives said. The 2019 Lincoln Aviator is presented at the New York… Continue reading Cadillac, Lincoln launch SUVs in New York with an eye on China sales

BRIEF-Toyota Motor Will Mutually Supply Cars In India With Suzuki Motor Starting In 2019 – Nikkei

March 28 (Reuters) – Nikkei: * TOYOTA MOTOR WILL MUTUALLY SUPPLY CARS IN INDIA WITH SUZUKI MOTOR STARTING IN 2019 – NIKKEI * SUZUKI WILL SUPPLY TOYOTA WITH 30,000 TO 50,000 UNITS ANNUALLY OF ITS COMPACT BALENO AND VITARA SPORT UTILITY VEHICLE – NIKKEI * TOYOTA WILL PROVIDE SUZUKI WITH AROUND 10,000 UNITS YEARLY OF… Continue reading BRIEF-Toyota Motor Will Mutually Supply Cars In India With Suzuki Motor Starting In 2019 – Nikkei

BRIEF-GM expects Cadillac profitability to grow 100 pct over 4 yrs with refreshed lineup – NY Auto Summit‍​

March 28 (Reuters) – General Motors Co: * GENERAL MOTORS CEO SAYS MAKING “GREAT PROGRESS” TOWARD ITS STATED GOAL TO ACHIEVE 10 PERCENT MARGINS IN ITS CORE BUSINESS – NY AUTO SUMMIT‍​ * GENERAL MOTORS AFFIRMS ITS PLANS TO LAUNCH BOLT AUTONOMOUS VEHICLE AT SCALE IN A DENSE URBAN ENVIRONMENT BY 2019 – NY AUTO… Continue reading BRIEF-GM expects Cadillac profitability to grow 100 pct over 4 yrs with refreshed lineup – NY Auto Summit‍​