Elon Musk: Tesla wants to build 100,000 electric trucks a year

Tesla Semi (Photo: Tesla) Elon Musk has announced to investors that in four years 100,000 Tesla– Electric tractors could be sold per year. Tesla boss Elon Musk expects the production of up to 100,000 electric trucks per year, said Musk on one investor conference With. The Tesla Semi is scheduled to go into production in… Continue reading Elon Musk: Tesla wants to build 100,000 electric trucks a year

PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018

PRESS PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018 Posted on Feb 09, 2018 Subang Jaya, 9 February 2018 – PROTON registered sales of 4,783 units in January 2018 with forecasted market share of 10.9%, an increase from the 8.8% market share in the previous month, despite registering lower sales from 4,802… Continue reading PROTON RECORDED A MARKET SHARE INCREASE OF 2.1% IN JANUARY 2018

Toyota invests $69M in Japanese Uber rival backed by the taxi industry

This week isn’t turning out to be great one for Uber in Japan. Two of its investors — Didi and SoftBank — are teaming up to launch a rival service, while one of its existing competitors has just landed a big cash infusion and highly influential backer after Toyota backed JapanTaxi. The auto giant said it… Continue reading Toyota invests $69M in Japanese Uber rival backed by the taxi industry

THE FULLY AUTONOMOUS CAR UPDATE: How self-driving cars are poised to move into the mainstream and upend the automotive industry

This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. The self-driving car is no longer a futuristic fantasy. Consumers can already buy vehicles that, within a few years time, will get software updates enabling them to hit the road without… Continue reading THE FULLY AUTONOMOUS CAR UPDATE: How self-driving cars are poised to move into the mainstream and upend the automotive industry

DENSO Taps Technical Expert Takuya Oikawa to Enhance Information and Communications Technology Business

KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has agreed to a technical adviser contract with Takuya Oikawa, a leading global developer of software products. The global automotive industry continues to shift dramatically, with greater concentration on electrification, automated driving and connected driving. Competition from other diverse industries… Continue reading DENSO Taps Technical Expert Takuya Oikawa to Enhance Information and Communications Technology Business

February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …

February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, the new Imperial Regal, Imperial GL, Imperial GS and other eight models have sold over 10,000 vehicles, including Bo… Continue reading February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …

Subscription Vehicle Service Canvas Celebrates Growth, Looks for Continued Expansion in 2018

Canvas expanded its flexible, subscription-based alternative to car ownership in 2017 and now serves 600 customers in the San Francisco Bay Area and Los Angeles The Ford Credit subsidiary has made multiple enhancements, including more vehicles and more options to allow customers to personalize their subscription experience The Canvas fleet has been driven more than… Continue reading Subscription Vehicle Service Canvas Celebrates Growth, Looks for Continued Expansion in 2018

Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days

Ford Motor Co. is looking to revive an aging workhorse with a facelift, technology injection and appeal to baby boomers looking to relive their “magic bus” days. The automaker pioneered the compact commercial van market in the U.S. when it brought the Transit Connect over from Europe about nine years ago. Ford still controls nearly… Continue reading Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days