Hyundai Motor Co. increased its operating profit for the first time in six quarters, helped by strong demand for new sport utility vehicles such as the Palisade and decreasing incentive spending in the U.S.
Author: World_Newz Mon
Russia plans serial production of Aurus open-top cars
/Update/
GORKI, April 24. /TASS/. Russia plans to start serial production of domestic Aurus open-top cars in 2020-2021, Minister of Industry Denis Manturov said on Wednesday.
“As far as the commercial use [of Aurus convertibles – TASS] is concerned, we meant subsequent implementation of all the required certification procedures to launch the serial production along with development of the vehicle design for the parade [on the Victory Day – TASS], assuming the end of 2020 – 2021,” the Minister said.
“Use of drop-top cars for government officials is definitely not contemplated,” he added.
Aurus open-top vehicles took place in the drill before the military parade on the Victory Day, TASS reported earlier.
Aurus is a Russian brand of cars for senior officials. The car was designed as part of the Cortege project, implemented by NAMI (Central Scientific Research Automobile and Automotive Engines Institute) in Moscow, Russia, since 2013.
Initially the goal was to design a limousine for ..
Belgium’s Umicore warns on lower earnings growth in 2020
Belgian materials and technology group Umicore said growth in revenue and earnings in 2020 will be lower than previous indications due to delays in the electric vehicle and energy storage markets.The company, one of the world’s largest cobalt refiners, expects earnings before interest and tax (EBIT) for 2019 to be 475-525 million euros ($534- $590 million) due to tough market conditions.
Yandex first self-driving car to appear on Moscow roads in May
MOSCOW, April 23. /TASS/. The first self-driving car to officially enter the public roads of Moscow, will be the car of company Russian IT company Yandex. It should appear on the streets in May, General Director of Yandex Taxi Tigran Khudaverdyan told TASS.
“In May, we will put our self-driving car on the roads of Moscow,” he said.
The car will become the first unmanned vehicle to officially will enter the public roads in the framework of the legal experiment of the Russian government on releasing highly automated vehicles on the roads of Moscow and Tatarstan.
In total seven companies announced their intention to test unmanned vehicles on public roads in Moscow and Tatarstan.
In November 2018, Russian Prime Minister Dmitry Medvedev signed a decree on the start of tests of drones on public roads in Moscow and Tatarstan. Experiment on pilot operation of drones will last until March 1, 2022.
Alphabet’s Waymo Reviving Detroit Plant With Self-Driving Cars
The birthplace of America’s auto industry and driving culture will soon have one of the world’s first plants making driverless cars.
BMW to recall over 360,000 vehicles in China
BEIJING, April 20 (Xinhua) — BMW will recall 360,001 vehicles in China to replace defective airbags, according to a State Administration for Market Regulation statement.
The recall, set to begin on Aug. 30, involves 272,880 vehicles produced by BMW Brilliance Automotive Ltd. between Jan. 2, 2014 and Oct. 16, 2017, and 87,121 imported models manufactured between April 5, 2000 and Feb. 21, 2018.
A defect could cause the airbags to eject debris at passengers if deployed.
The defective airbags were made by now-defunct Japanese supplier Takata. Founded in 1933, Takata went out of business in 2017 because of the airbag crisis.
BMW will replace the defective airbags free of charge.
Suzuki is recalling 2 million cars after cheating on safety tests
Suzuki plans to recall around 2 million vehicles in Japan after admitting it cheated on safety tests, filed false fuel-efficiency reports, and failed to conduct proper inspections.Nissan recalled 1.2 million cars in Japan last October, after it found uncertified technicians were conducting final vehicle inspections.Nissan – owner of the Infiniti and Datsun brands – recalled a further 150,000 domestic vehicles in December, after it found inspections of brakes, steering wheels, speed measurement and vehicle stability weren’t up to scratch.
Audi reveals new concept car at Shanghai motor show
SHANGHAI, April 16 (Xinhua) — German carmaker Audi debuted its new concept car AI:ME at the ongoing Shanghai International Automobile Industry Exhibition Tuesday.
Equipped with a level four autonomous driving system, also known as the “mind-off” level, the electric car aims to present a new design of city cars in the near future.
With an exterior length of 4.3 meters and a width of 1.9 meters, the model mainly focuses on its interior space. Audi said the concept car could offer drivers and occupants more interior space with a more comfortable experience.
The car is able to accommodate up to four occupants.
“With level four unmanned driving technology, the driver can do anything while the car handles the driving in specific areas such as highways or a specially equipped area in inner cities,” said James Nissen, interior designer of the Audi AI:ME concept. The driver needs to resume the task only when the car leaves the area defined for fully automated driving.
Audi said eye-tracki..
Bad things happen when marketing and finance types take control
…decades now we have seen similar problems arise across a broad swath of other American industries, from the automotive , to the pharmaceutical, and even the healthcare sectors, where the common theme is…
GM to reveal next-generation Corvette in July
It’s just the thing to make the hearts of Corvette fans race: A new rendition of the classic sports car is coming.For fans who closely follow any tweak in the venerable car, it’s a big deal.The new sport car has been photographed undergoing road tests for months.