Author: Google News Scanning

Uber and Lyft unveiled new subscription plans. But are they really worth the money?

On Tuesday, Uber rolled out Ride Pass, a subscription plan in which customers pay $14.99 monthly (or $24.99 in Los Angeles) to avoid surge pricing. The plan, which Uber is marketing as “an affordable option people can use for their everyday transportation needs,” is only available in Los Angeles, Austin, Orlando, Denver, and Miami for… Continue reading Uber and Lyft unveiled new subscription plans. But are they really worth the money?

Garmin camera platform selected by Chinese company Geely Auto Group

US: Garmin International has announced that Geely Auto Group, one of the fastest growing automakers in the world, has selected Garmin to provide its camera technology and driving recorder systems for multiple Geely vehicle models beginning in the year 2020. “We are proud to be selected by Geely for their next generation integrated camera solution,… Continue reading Garmin camera platform selected by Chinese company Geely Auto Group

Geely-Volvo venture introduces latest ‘connected’ vehicle

TOKYO — The Chinese-Swedish venture Lynk & Co has rolled out a new “connected car” featuring always-on internet, dedicated smartphone apps for vehicle management, and functions to facilitate carsharing. The venture — between Zhejiang Geely Holding Group and Volvo Cars — announced the launch of its 03 sedan in an event at Fuji Speedway in… Continue reading Geely-Volvo venture introduces latest ‘connected’ vehicle

Faraday Future cites arbitration victory despite layoffs

Earlier this week, electric car startup Faraday Future confirmed that it laid off a number of employees and cut the salaries of those who remained. According to the company, it was running out of money because of the actions of an investor, China’s Evergrande Health Industry Group. Now Faraday says it obtained a “decisive” victory… Continue reading Faraday Future cites arbitration victory despite layoffs

FCA to idle minivan production for a week to adjust inventories

Through September, FCA had sold 91,595 Pacificas in the United States, up 6.1 percent over the first nine months of 2017. Photo credit: FCA Fiat Chrysler Automobiles said it will idle its minivan plant in Windsor, Ont., for a week beginning Oct. 29 in order to “adjust inventories.” FCA builds its Dodge Grand Caravan and… Continue reading FCA to idle minivan production for a week to adjust inventories

Alphabet’s Waymo begins charging passengers for self-driving cars

Alphabet’s Waymo begins charging passengers for self-driving cars  Financial Times Self-driving cars bring new risks — and require new regulations  Axios When Will Self-Driving Cars Go Mainstream?  OilPrice.com Paramedics told to watch out for driverless cars driving off after accidents  Telegraph.co.uk Full coverage Go to Source Go to Source

Autoliv spinoff Veoneer delays sales, margin goals as auto gloom spreads

Jan Carlson: “We see some delays in the start of production and slower ramp-ups of certain customer models along with some slight delays in expected business.” Esha Vaish and Johannes HellstromReutersOctober 25, 2018 20:40 CET STOCKHOLM — Swedish supplier Veoneer pushed back its sales and margin targets on Thursday, blaming production delays at customers struggling… Continue reading Autoliv spinoff Veoneer delays sales, margin goals as auto gloom spreads

Vietnam’s VinFast in deal with PV Oil for electric car charging stations

HANOI, Oct 25 (Reuters) – VinFast on Thursday signed a memorandum of understanding with PetroVietnam Oil Corp. , or PV Oil, to build charging stations for its electric cars and scooters, its parent said. The company, a unit of Vietnam’s largest conglomerate Vingroup JSC, is building a $3.5-billion scooter and automobile complex in northern Vietnam,… Continue reading Vietnam’s VinFast in deal with PV Oil for electric car charging stations

UPDATE 1-Veoneer delays 2020 targets on slower car production starts

(Adds details, background) STOCKHOLM, Oct 25 (Reuters) – Electronic car products maker Veoneer, carved out of Autoliv this year, forecast delays in achieving its 2020 income and sales targets due to postponed production starts for some car models, sending its shares tumbling. The Swedish company, which is focused on high-tech safety gear to target self-driving… Continue reading UPDATE 1-Veoneer delays 2020 targets on slower car production starts