Category: Automotive

How much can we actually control autonomous cars?

If you’re riding in an autonomous car, and you want to go faster, what do you do? When asked this question, people often change their answer on a single condition: Does the car you’re riding in belong to you, or is it a car for hire? Auto manufacturers are aiming to provide cars with Level… Continue reading How much can we actually control autonomous cars?

Broadcom Now Seeking Fewer of Qualcomm’s Board Seats

Photo Hock Tan, the chief executive of Broadcom, said his company’s decision to seek fewer seats on Qualcomm’s board was a bid to provide “continuity” after an eventual takeover. Credit Justin Lane/European Pressphoto Agency Broadcom moved the goal posts in its hostile takeover bid for Qualcomm, announcing on Tuesday that it was now seeking only… Continue reading Broadcom Now Seeking Fewer of Qualcomm’s Board Seats

Ant Financial unit invests $32m in smart parking operator Shenzhen Shunyitong

February 15, 2018 Shanghai Yunxin Venture Capital Co, a unit of Alibaba’s payment arm Ant Financial Services, has agreed to invest Rmb200 million ($32 million) for a 20-percent stake in smart parking operator Shenzhen Shunyitong Information Technology Co., according to a Yicai Global report. The investment values Shunyintong, which was founded in 2007, at Rmb1… Continue reading Ant Financial unit invests $32m in smart parking operator Shenzhen Shunyitong

Fiat Chrysler Automobiles announces layoffs at Toledo Assembly Complex

Fiat Chrysler Automobiles has said it will begin winding down operations in the south portion of its Toledo Assembly Complex on April 13 to begin preparing the facility to build an all-new Jeep Wrangler pickup truck — a move that will mean temporary layoffs for about 850 FCA employees. In documents filed with the state… Continue reading Fiat Chrysler Automobiles announces layoffs at Toledo Assembly Complex

Toyota Recalls Certain Camry and Lexus RC F, GS F and LC 500 Vehicles

PLANO, Texas (Feb. 14, 2018) – Toyota Motor North America, Inc. today announced that it is conducting separate safety recalls in the U.S. of approximately 11,800 Model Year 2018 Toyota Camry vehicles and approximately 9,900 Model Year 2015 – 2018 Lexus RC F, Model Year 2016 – 2018 Lexus GS F and Model Year 2018… Continue reading Toyota Recalls Certain Camry and Lexus RC F, GS F and LC 500 Vehicles

Fiat Chrysler’s Mopar parts brand cranks up global sales muscle

Pietro Gorlier, Head of Parts and Service, Mopar, showcases customized versions of the 2018 Jeep Wrangler and the 2019 Ram 1500 at the Chicago Auto Show in February 2018. (Photo: Joe Wilssens ) CHICAGO — As demand grows for flashy customization of profitable vehicles including Jeeps and Ram trucks, Fiat Chrysler’s Mopar parts business has… Continue reading Fiat Chrysler’s Mopar parts brand cranks up global sales muscle

Dyson’s debut EV might not showcase its next-gen battery tech

Engadget Though it had been rumored for some time prior, it was still somewhat surprising when Dyson formally revealed it was getting into the EV game. Even for a company that takes research and development to an excessive level to make some of the best vacuum cleaners (and more recently, hairdryers) around, a car is… Continue reading Dyson’s debut EV might not showcase its next-gen battery tech

Volkswagen suffering in France

Annoying exception. Volkswagen is the only major car brand to have suffered a decline in sales last year in France. The German manufacturer sold 139,360 vehicles in 2017, 2.7% less than in 2016. In January, VW even saw its volumes unscrew by 18%, and Dacia take fourth place in the market behind Peugeot, Renault and… Continue reading Volkswagen suffering in France