China Raises Subsidies to Reward Longer Range Electric Cars

China is increasing subsidies for electric vehicles that can travel longer distances on a single charge, while also making it more difficult for battery-powered automobiles to qualify for any new incentives under a central government plan. The central government incentive for electric cars that have a range of 400 kilometers (249 miles) and beyond on… Continue reading China Raises Subsidies to Reward Longer Range Electric Cars

Mercedes-Benz Confirms It Will Skip Detroit Auto Show in 2019

The Detroit auto show will be missing a famous star next year, with Mercedes-Benz choosing to sit out the iconic event. The top-selling luxury carmaker continuously reviews the platforms it chooses to reach customers and has decided not to participate in the Detroit show in 2019, according to an emailed statement. Bloomberg News reported last… Continue reading Mercedes-Benz Confirms It Will Skip Detroit Auto Show in 2019

Hyundai Sees Mobility Service Providers Owning Self-Driving Cars

For You Live TV Stream Schedule: U.S. TV 01:00 Bloomberg Markets: Asia UP NEXT 04:00 Bloomberg Markets: Middle East 05:00 PAID PROGRAMMING 05:30 PAID PROGRAMMING 06:00 Bloomberg Daybreak: Europe 07:30 Bloomberg Markets: European Open 09:00 Bloomberg Surveillance 11:00 Kathleen Fisher AB Bernstein Private Wealth Management, Head of Wealth and Investment Strategies 11:00 George Bory Wells… Continue reading Hyundai Sees Mobility Service Providers Owning Self-Driving Cars

Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days

Ford Motor Co. is looking to revive an aging workhorse with a facelift, technology injection and appeal to baby boomers looking to relive their “magic bus” days. The automaker pioneered the compact commercial van market in the U.S. when it brought the Transit Connect over from Europe about nine years ago. Ford still controls nearly… Continue reading Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days

Autonomous LA-to-NYC Tesla Trip Past Deadline, Still Coming

Tesla Inc. hasn’t thrown its plan to demonstrate an autonomous cross-country drive out the window — it’s just tapped the brakes. Chief Executive Officer Elon Musk said a self-driving Tesla will attempt the trip from Los Angeles to New York in the next three to six months after missing the deadline he set for late… Continue reading Autonomous LA-to-NYC Tesla Trip Past Deadline, Still Coming

Toyota’s Way Changed the World’s Factories. Now the Retool

Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most-emulated company is overhauling the way it brings its vaunted production system to every corner of the business. The automaker last month created a single group, staffed with 200 employees, to manage the Toyota Production System,… Continue reading Toyota’s Way Changed the World’s Factories. Now the Retool