Category: Automotive

TABLE- Top 20 vehicles sold in US in May

June 1 (Reuters) – The following are the 20 top-selling vehicles in the United States in May as reported by the automakers and ranked by total units: RANK VEHICLE May-2018 May-2017 PCT CHNG 1 Ford F-Series P/U 84,639 76,027 +11.3 2 Ram P/U 46,781 44,850 +4.3 3 Nissan Rogue 38,413 32,533 +18.1 4 Toyota RAV4… Continue reading TABLE- Top 20 vehicles sold in US in May

Flue gas scandal: Transport Minister Scheuer threatens Daimler with fines of nearly four billion euros

Scouring and Zetsche 5000 Euro order money per vehicle? (Photo: AP) HamburgFür Daimler it comes in the diesel scandal possibly schlüppeldick: Should be true that the car company similar to competitors Volkswagen has cheated on exhaust emissions, threatens the Stuttgartern according to a magazine report, a fine of almost four billion euros. Der Spiegel reported… Continue reading Flue gas scandal: Transport Minister Scheuer threatens Daimler with fines of nearly four billion euros

Canada auto sales fall marginally in May

(Reuters) – Canada’s auto sales recorded a small dip in May as strong sales of light trucks failed to offset slowing demand for passenger cars. Overall auto sales fell 0.7 percent in May, with passenger cars posting a 9.4 percent decline to 68,070 units, according to research firm DesRosiers Automotive Consultants. In contrast, light truck… Continue reading Canada auto sales fall marginally in May

FCA in talks with Santander Consumer USA over car financing JV

BALOCCO, Italy (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) wants to set up its own car financing business in the United States under a new five-year plan and is in talks with Santander Consumer USA (SCUSA) (SC.N) to buy its share in their joint venture. Fiat Chrysler Automobiles logo is seen on a panel at the… Continue reading FCA in talks with Santander Consumer USA over car financing JV

May 2018 U.S. LV Sales Thread: Industry to Hit 16.8 Million SAAR

MAY 2018 US LV SALES   FORECAST v REPORTED UNITS Forecast LV Sales 1.56 million Actual LV Sales 1.58 million Forecast LV SAAR        16.6 million Actual LV SAAR    16.8 million Wards Intelligence tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR).  May had 26 …… Continue reading May 2018 U.S. LV Sales Thread: Industry to Hit 16.8 Million SAAR

How we find and update Points of Interest from street-level imagery

As part of our map making process, our data scientists are always exploring new ways of using artificial intelligence and machine learning to detect and extract street-level features and automatically build our map. An important part of keeping our maps fresh and comprehensive involves continuously capturing vast amounts of information about Points of Interest (POIs)… Continue reading How we find and update Points of Interest from street-level imagery

California will allow autonomous cars to pick up passengers

Getty Images California is launching two pilot programs that will allow autonomous vehicles to pick up passengers in the state, the San Francisco Examiner reports. One will let companies pick up passengers with their self-driving cars as long as a safety driver is behind the wheel. The other will allow for passenger pickup without a… Continue reading California will allow autonomous cars to pick up passengers

Kia Motors America Announces May Sales

IRVINE, Calif., June 1, 2018 /PRNewswire/ — Kia Motors America today announced May sales of 59,462 vehicles, representing a 1.6 percent increase over the same period last year and the brand’s highest monthly sales total in 2018.  May sales were led by the Forte and Sorento, with 11,261 and 10,370 units sold, respectively. In addition,… Continue reading Kia Motors America Announces May Sales

Leading Fiat Out of the Desert

Sergio Marchionne once defined his mission at Fiat Chrysler Automobiles NV — a company formed via the unlikely union of two hobbled automotive also-rans — in almost biblical terms. “We need to be able to cross the desert,” the CEO told investors in 2016 as he looked at the technological revolution facing the industry. “We… Continue reading Leading Fiat Out of the Desert