Police search Renault’s headquarters near Paris

FILE PHOTO: General view of the Renault automaker company headquarters is seen in Boulogne-Billancourt, near Paris, France November 21, 2018. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – Police are carrying out a search at Renault’s (RENA.PA) corporate headquarters in Boulogne-Billancourt, said Renault on Wednesday, adding it would not comment further on the nature of the search.… Continue reading Police search Renault’s headquarters near Paris

UPDATE 1-Irish Brexit border issue cannot be solved by tech alone- former UK official

FILE PHOTO: Police officers guard the border crossing between the Republic of Ireland and Northern Ireland in Carrickcarnon, Ireland March 30. 2019. REUTERS/Clodagh Kilcoyne LONDON (Reuters) – There is no technology solution that alone can solve the issue of the border between Northern Ireland and the Irish Republic in a no-deal Brexit scenario, the British… Continue reading UPDATE 1-Irish Brexit border issue cannot be solved by tech alone- former UK official

China’s Didi removes 300,000 drivers amid safety overhaul

2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said Tuesday to a group of media that it… Continue reading China’s Didi removes 300,000 drivers amid safety overhaul

Collaborate Raises $1M in Funding

Collaborate proposes to leverage Turners’ industry experience and accelerate the growth of Carly in the car subscription market in Australia. Photo courtesy of Collaborate. Collaborate Corporation Limited has raised $1 million through a placement to a strategic investor, Turners Automotive Group Limited, the company announced. Turners is a New Zealand based integrated automotive financial service group,… Continue reading Collaborate Raises $1M in Funding

Lee Iacocca, auto industry icon, dead at 94

Lee Iacocca, former Chrysler chairman, in 2005. (Photo by Matthew Simmons/Getty Images)Matthew Simmons | Getty Images Entertainment | Getty ImagesLido Anthony Iacocca, the automobile industry legend best known as “Lee,” died at the age of 94 on Tuesday morning, his family confirmed.
A child of Italian immigrants who grow up in humble conditions, Iacocca became one of the most powerful — and best known — executives in Detroit.
Iacocca rose to become president of Ford Motor in December 1970.
After being fired in a dispute with company heir Henry Ford II, Iacocca joined the then-struggling Chrysler. Using both his business skills and ability to turn a phrase, he won federal loan guarantees that helped the automaker avoid a potential 1980 bankruptcy.
If you can find a better car, buy it.Lee IacoccaTV tagline when he was chairman of ChryslerDuring his career, Iacocca become closely associated with at least three iconic vehicles. He has been widely credited as the father of the Ford Mustang, as well as the K-Car that helped Chrysler pull out of its financial slump. Working with former Ford colleague Hal Sperlich who joined him at Chrysler, Iacocca also gave the go-ahead to the minivans that for a number of years were the most profitable products offered by the third-largest of the Detroit automakers.
“Lee was one of few truly great leaders,” said Bob Lutz, a longtime executive at Ford and Chrysler who worked closely with Iacocca. “He was my mentor, my teacher and role model. When he was on, he was fabulous. I will miss him.”
“I owe the second half of my career to Lee Iacocca,” Lutz said. “All in all, we had a relationship like a father and son.”
Charitable work In his latter years with Chrysler, Iacocca spent an increasing share of his time doing charitable work, among other things spearheading efforts to restore both the Statue of Liberty and Ellis Island, the immigration port in New York Harbor where his own parents came into the United States.
Iacocca became famous not only as Chrysler's chairman and CEO but its TV pitchman, where he made famous the tag line, “If you can find a better car, buy it.”
But after being nudged out by the Chrysler board, Iacocca unexpectedly teamed with billionaire Kirk Kerkorian in a failed 1995 hostile takeover attempt.
The company and its former chairman patched things up a decade later, with Iacocca again serving as a Chrysler pitchman, in one TV commercial appearing with rapper Snoop Dogg.
Iacocca attempted to form an electric vehicle company, EV Global Motors, in 1999, but he largely focused on writing and charitable work over recent years.
Iacocca was married three times. His last marriage, to Darrien Earle, ended in 1994.
Iacocca lived in the Bel Air section of Los Angeles in his final years.
His daughter Lia Iacocca Assad said Lee Iacocca died of natural causes, but that he suffered from complications from Parkinson's Disease. He is survived by two daughters and eight grandchildren.
—CNBC's Phil LeBeau contributed to this report.

Lee Iacocca, auto executive who saved Chrysler from bankruptcy, dies at 94

(Reuters) – Lee Iacocca, a charismatic U.S. auto industry executive and visionary, who gave America the Ford Mustang and Chrysler minivan, and was celebrated for saving Chrysler from going out of business, died at the age of 94, the Washington Post reported. FILE PHOTO: Former Chrysler Chairman Lee Iacocca gestures during an interview in Golden,… Continue reading Lee Iacocca, auto executive who saved Chrysler from bankruptcy, dies at 94

‘I Am Chairman Of Chrysler Corporation Always’: 8 facts about Lee Iacocca

(Reuters) – Facts about auto industry executive Lee Iacocca: FILE PHOTO: Former Chrysler Chairman Lee A. Iacocca is seen during a Chrysler briefing on earnings in February 1991. REUTERS/John Hillery/File Photo * Born Oct. 15, 1924, in Allentown, Pennsylvania, to Italian immigrants, Iacocca went to work for the Ford Motor Co (F.N) as an engineer… Continue reading ‘I Am Chairman Of Chrysler Corporation Always’: 8 facts about Lee Iacocca

Waymo is now allowed to transport passengers in its self-driving vehicles on California roads

Waymo, Google’s former self-driving venture that is now a business under Alphabet, has been given permission by California regulators to transport passengers in its robotaxis, TechCrunch has learned. The approval is a milestone for the company as it begins to ramp up toward a commercial service. The California Public Utilities Commission granted Waymo a permit… Continue reading Waymo is now allowed to transport passengers in its self-driving vehicles on California roads

Analysis finds hybrids make better use of scarce batteries than pure EVs

In the face of growing shortages of batteries and battery materials for electric cars, one respected analytics firm says those batteries would do more good for the environment put to use in more hybrid vehicles rather than fewer all-electric cars.

Per kilowatt-hour of battery capacity produced and installed in plug-in vehicles, hybrids deliver 14 times the benefit in emissions reductions that pure electric cars do, according to British analytics firm Emissions Analytics.

In European terms, the company measures the grams of carbon-dioxide saved per kilometer of driving, per kilowatt-hour of battery installed in the car.

The company considered 153 cars, including 59 conventional full hybrids, 7 mild hybrids, and 57 plug-in hybrids, and compared them to a theoretical electric car with a 60-kwh battery pack. It included vehicles in Europe and in the U.S., and showed even bigger benefits to drive on electricity in the U.S. than in Europe because gas cars in the U.S. are relatively less efficient than those in Europe.

The average mild hybrid across Europe and the U.S., with a battery pack of 400 watt-hours, saved almost 30 grams per kilometer of CO2 emissions, or about 74 g/km per kilowatt-hour of battery.

Full hybrids cut more CO2 emissions, but also had much bigger batteries averaging 1.3 kwh. Each kilowatt-hour of batteries installed accounted for a reduction of only about 51 grams per kilometer.

The metric is key in an era of scarce materials.

Emissions Analytics g/km/kwh chart

One of the biggest criticisms of plug-in hybrids is that they carry around a lot of extra weight (and use a lot of unnecessary materials in manufacturing) to include a gas engine and fuel tank that are seldom used.

The same argument can apply to the large batteries in long-range electric cars. The cars aren't driven any differently. On average, cars still get driven less than 30 miles a day. Allow some extra battery capacity for driving in cold weather, running the heater, and having some buffer left when a driver gets home, and they still normally use less than 30 or 40 kilowatt-hours a day. Yet many of today's electric cars have batteries twice that size or bigger to accommodate occasional trips.

Any bigger battery than that adds extra weight and accounts for extra material consumption that rarely gets used. Since manufacturers have been building internal combustion engines for more than 100 years, there's no shortage of supplies to make them. But there are increasing reports of shortages in the materials needed to make large lithium-ion batteries for cars.

The Emissions Analytics report shows that plug-in hybrids that rely mostly on batteries in their daily driving cycle—the Chevrolet Volt, for instance—saved the same amount of CO2 emissions as fully electric cars in their tests: 210 grams per kilometer. But they required much smaller batteries, just over one-sixth the size.

2018 Chevrolet Volt

The report comes just as several automakers, such as General Motors, Volkswagen, and BMW are reducing or eliminating their efforts to build plug-in hybrids and replacing them with more long-range battery-electric cars to compete with Tesla.

Given the urgency of the need to reduce CO2, to combat global warming, the report says, “paradoxically BEVs may not be the best way to achieve it. A major concern is that the push to pure battery electric vehicles (BEVs) will crowd out a more effective program of mass hybridization.”