Follow John Electric-car maker Tesla is known for troubled launches, at least for the four products it’s offered since the first Roadster in 2008. But the launch of the Tesla Model 3, its lower-priced electric sedan, may be the most challenging yet—and it may be the Tesla with the highest expectations. The first 30 cars,… Continue reading Tesla engineers say Model 3 parts need substantial rework after production
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Drover picks up £5.5M funding for its car subscription marketplace
Drover, a London-based startup that lets you take out a “car subscription” as an alternative to car ownership, has picked up £5.5 million in seed funding. The round was led by VC firms Cherry Ventures, Partech and BP Ventures (the venture arm of BP), and adds to an earlier £2 million ‘pre-seed’ investment from Version… Continue reading Drover picks up £5.5M funding for its car subscription marketplace
Tesla’s latest Autopilot update brings some significant improvements to Autosteer and more
Tesla has started pushing a new software update to its fleet this week and owners testing it are reporting significant improvements to the Autopilot system – something that the automaker has been promising for a while now. Home Solar Power We recently reported that Tesla started beta-testing a new Autopilot update with new features and a… Continue reading Tesla’s latest Autopilot update brings some significant improvements to Autosteer and more
Link Motion and Irdeto collaborate to develop a connected vehicle platform
Link Motion has reached an agreement with Irdeto to integrate its new smartphone-based secure vehicle access and safety solution, Keystone, into the Link Motion CarBrain platform. Automobile OEMs that implement Link Motion’s CarBrain will now provide consumers with the simplicity they expect to safely manage and operate today’s connected cars and autonomous vehicles, especially in new ride-sharing business… Continue reading Link Motion and Irdeto collaborate to develop a connected vehicle platform
Audi to launch e-tron GT as Tesla Model S rival
Audi has released this official image of the e-tron GT prototype Audi confirmed the e-tron GT at its annual press conference Audi has revealed plans for a new e-tron GT four-door sports car that will rival the Tesla Model S when it launches early in the next decade. The new machine – revealed by Autocar two years ago – was confirmed… Continue reading Audi to launch e-tron GT as Tesla Model S rival
The AA acquires online car sales site VCARS
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
GM’s S.Korean union says will not demand pay rise; calls for job security
SEOUL (Reuters) – General Motors’ (GM.N) South Korean union said on Thursday that it will not demand a pay rise for this year, but instead wants the U.S. automaker to provide a future production plan and job security. FILE PHOTO: The main gate to GM Korea’s Gunsan factory is seen in Gunsan, South Korea February… Continue reading GM’s S.Korean union says will not demand pay rise; calls for job security
Analyst: F-Series one reason to bet on Ford
Ford’s F-150 franchise might be worth more than the entire company, Adam Jonas said. (Photo: Ford) Ford Motor Co.’s F-150 franchise might be worth more than the entire company, according to Morgan Stanley equity analyst Adam Jonas. That’s one reason the Wall Street analyst on Wednesday raised his price target for the company from $10… Continue reading Analyst: F-Series one reason to bet on Ford
Tesla says Model S, Model X production efficiency much improved
(Reuters) – Tesla Inc said the number of labor hours needed to produce its Model S and Model X cars have decreased considerably, following the latest report of quality problems that could prevent the carmaker from hitting its production targets. The body of a Tesla Model S is transported by an automated crane at the… Continue reading Tesla says Model S, Model X production efficiency much improved
Accelerate UK ban on sale of new diesel and petrol cars, MPs urge
Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Accelerate UK ban on sale of new diesel and petrol cars, MPs urge