June 18 (Reuters) – Hertz Global Holdings Inc is in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization after suspending its plan to sell new shares, the Wall Street Journal reported on Thursday. (on.wsj.com/3fCTqL7) Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli Go to Source
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Ford to roll out hands-free driving in Q3 of 2021, starting with the Mustang Mach-E
Ford will start offering a hands-free driving feature in the second half 2021, beginning with its new Mustang Mach-E electric vehicle. The hands-free feature, called Active Drive Assist, is part of a larger package of advanced driver assistance features collectively called Ford Co-Pilot360 Active 2.0 Prep Package. But it’s the hands-free offering that is getting… Continue reading Ford to roll out hands-free driving in Q3 of 2021, starting with the Mustang Mach-E
Ford’s all-electric Mustang Mach-E will have a hands-free driving mode option to compete with Tesla’s Autopilot
Ford will offer Active Drive Assist, which is a hands-free driving system. The system uses an infrared camera to track the driver’s eye gaze and head position to make sure they are watching the road. The feature will first appear as an option for the all-electric Mustang Mach-E. Visit Business Insider’s homepage for more stories.… Continue reading Ford’s all-electric Mustang Mach-E will have a hands-free driving mode option to compete with Tesla’s Autopilot
Audi boss to head carmaker’s R+D division: sources
FILE PHOTO: Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder MUNICH (Reuters) – Markus Duesmann, the head of Audi (NSUG.DE), will also head the research and development division at German carmaker Volkswagen’s (VOWG_p.DE) premium brand, two sources told Reuters on… Continue reading Audi boss to head carmaker’s R+D division: sources
Exclusive: EU must engage in lithium standards or lose to China, EU’s Breton says
BRUSSELS (Reuters) – EU industry chief Thierry Breton has urged EU governments to be more active in setting global standards for ultralight battery metal lithium, key to many strategic industries and electric cars, or cede technological advantage to China. FILE PHOTO: European Union Internal Market Commissioner Thierry Breton holds a video news conference, to present… Continue reading Exclusive: EU must engage in lithium standards or lose to China, EU’s Breton says
Vans, not glamorous, but key as EU weighs autos mega-merger
MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot Rifter 4×4 concept van is… Continue reading Vans, not glamorous, but key as EU weighs autos mega-merger
Japan’s SoftBank invests in startup Splyt in hunt for super app
Japanese telco Softbank Corp said on Thursday it led a $19.5 million funding round in startup Splyt, which helps app operators integrate mobility options with other services, as it seeks to build its own super app. Japanese tech firms have lagged peers such as Tencent Holdings, with its WeChat app, in creating super apps, which offer access to a range of services via a single interface. SoftBank will… Continue reading Japan’s SoftBank invests in startup Splyt in hunt for super app
Ford Mustang Mach-E Hands-Free Co-Pilot360: Exclusive Details
Our video wizard Kyle Conner (Out of Spec Motoring) is not in his usual environment in this video. It looks a bit strange to see him in a kitchen instead of on a track. Don’t worry, he’s not cooking. Instead, Conner sits down with us to tell us all about Ford’s Co-Pilot360 hands-free driving technology… Continue reading Ford Mustang Mach-E Hands-Free Co-Pilot360: Exclusive Details
Lordstown Endurance Electric Pickup Truck Will Debut On June 25
Lordstown Motors And Hydra Design Labs Partner To Develop Endurance EV Pickup Growing electric vehicle OEM located in the heart of Ohio’s “Voltage Valley” bolsters its commitment to U.S. automotive manufacturing by contracting American design firm to collaborate on development of its new Endurance™ fully-electric pickup truck. LORDSTOWN, Ohio, June 16, 2020 /PRNewswire/ — The… Continue reading Lordstown Endurance Electric Pickup Truck Will Debut On June 25
Peugeot 208 and 2008 help PSA optimise recycling operation
Groupe PSA and the Peugeot brand are looking at optimising resources by integrating green or recycled materials into production vehicles to sustain recycling channels and reduce the environmental footprint. Joint programs between the all-new Peugeot 208 and Peugeot 2008 SUV have led to the shared use of recycled and natural materials in these vehicles. The… Continue reading Peugeot 208 and 2008 help PSA optimise recycling operation