MARCH 2018 US LV SALES FORECAST v REPORTED UNITS Forecast LV Sales 1.60 million Actual LV Sales 1.60 million Forecast LV SAAR 16.9 million Actual LV SAAR 16.9 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). March had … Premium… Continue reading March 2018 U.S. LV Sales Thread: Industry to Hit 16.9 Million SAAR
Category: Automotive
Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
Ford could make electric cars in Germany after 2023 – Handelsblatt
FRANKFURT (Reuters) – Ford could make electric cars in Germany after 2023, when the life cycle of Ford’s Fiesta model is due to end, the head of the carmaker’s German business told a paper, adding he would welcome state subsidies to support the shift. The Ford logo is seen at the New York Auto Show… Continue reading Ford could make electric cars in Germany after 2023 – Handelsblatt
WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will have 500 units of the Niro plug-in hybrid
Posted 03/04/2018 11: 43: 40CET MADRID, 3 Apr (EUROPA PRESS) – WiBLE, the new car sharing company of Kia and Repsol that will operate in Madrid, will have a fleet of 500 units of the Niro plug-in hybrid, a crossover with more than 50 kilometers of electric autonomy, the company said in a statement. The… Continue reading WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will have 500 units of the Niro plug-in hybrid
Mercedes-Benz boss: ‘Customers are still confident in diesel.’
Carbon dioxide rather than NOx is “the biggest issue” of combustion engines, and customers are showing more confidence in diesel than politicians by continuing to buy them in significant numbers, according to Mercedes boss Dieter Zetsche. Highlighting that the firm sold more diesels in Europe in 2017 than in 2016 and that diesels are crucial to reducing… Continue reading Mercedes-Benz boss: ‘Customers are still confident in diesel.’
Continental and Osram Sign Joint Venture Contract
Joint venture involving around 1,500 employees scheduled to start in the second half of 2018 once the necessary approvals have been obtained Both partners have a stake of 50 percent Sales target in mid-triple-digit-million-euro range CEO from Osram, CFO from Continental Regensburg, Munich, April 03, 2018. The technology companies Continental and Osram have successfully concluded… Continue reading Continental and Osram Sign Joint Venture Contract
Grab boss: ‘Zero issues’ with Uber deal in South East Asia
The chief executive of ride-sharing firm Grab says he is confident regulators will not derail his plan to buy Uber’s South East Asian operations. Anthony Tan told the BBC he saw “zero issues” on how the deal was done. South East Asia’s most popular ride-hailing firm said last week it would buy its rival’s regional… Continue reading Grab boss: ‘Zero issues’ with Uber deal in South East Asia
Uber’s India rival Ola could add public transport services following latest acquisition
The rumors are true, India’s Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal. Mint reported the imminent transaction last week, describing it as a fire sale, and today Ola confirmed the deal. The terms are undisclosed so you can make of that what you will. Founded in 2010, Ridlr operates as a… Continue reading Uber’s India rival Ola could add public transport services following latest acquisition
Startup Aurora discontinues Hosein by SpaceX
The startup Aurora, founded by Google people, reaches for SpaceX people. Aurora had recently found large cooperation partners: VW, Byton and Hyundai, Now you have on personal carousel turned. The former SpaceX Employee Jinnah Hosein will work for Aurora in the future. He was also for Google active, like the boss of Aurora Chris Urmson,… Continue reading Startup Aurora discontinues Hosein by SpaceX
GM to Begin Reporting U.S. Sales on a Quarterly Basis
General Motors announced today it will begin reporting its U.S. vehicle sales on a quarterly basis, effective immediately. In 2018, second quarter sales will be released on July 3, third quarter sales on October 2 and fourth quarter sales on January 3, 2019.