All articles and backgrounds 05/05/2018 After indictment against ex-VW boss USA issue arrest warrant – “Winterkorn still on the run” REUTERS Martin Winterkorn (Archive): For the US authorities, the former VW boss is “still on the run”. However, Winterkorn does not have to fear extradition from Germany The US Justice has issued after the indictment… Continue reading Following indictment of ex-VW chief: US adopt arrest warrant – “Winterkorn still on the run”
Category: Automotive
Bosch invests in Allegro.AI
The supplier Bosch invests in the startup Allegro.AI, which deals with artificial intelligence. This startup is also off Israel, where many startups from the automotive industry are currently visiting: Allegro.AI deals with the AI. Specifically, an end-to-end Lifecycle Management for AI has been developed. This closes the gap between laboratory and field test at the… Continue reading Bosch invests in Allegro.AI
Behind the scenes of a luxury car dealership
It’s not about hard selling. Not any more. Spend an hour or two with Ken Choo at London’s Bentley dealership Jack Barclay — flagship of the countrywide HR Owen network of 15 luxury car dealerships — and you’ll soon learn that the process that delivers prestige cars into the hands of new owners no longer involves old-style persuasion.… Continue reading Behind the scenes of a luxury car dealership
Tesla’s Musk defends comments made in conference call
Associated Press Published 11:28 a.m. ET May 4, 2018 Tesla CEO Elon Musk (Photo: Evan Vucci / AP) Tesla CEO Elon Musk is going on the defensive in a series of tweets, saying the people he shut down during a contentious conference call were “sell-side analysts who represent a short seller thesis, not investors.” Musk,… Continue reading Tesla’s Musk defends comments made in conference call
Waymo van involved in serious collision in Arizona
A Waymo self-driving vehicle was involved in a serious accident in Chandler, Arizona earlier this afternoon. Local police have said that there were minor injuries from the incident after a sedan swerved into the Waymo van to avoid another collision, ABC 15 reported. I’ve contacted the Chandler police department for more information. Although Waymo has… Continue reading Waymo van involved in serious collision in Arizona
A Waymo self-driving van was involved in a crash in Arizona
A self-driving van operated by Waymo — a cousin company to Google under the corporate umbrella of Alphabet — was involved in a crash on Friday in Chandler, Arizona. According to Fox 10 Phoenix, a Honda sedan traveling the opposite direction swerved and struck the Waymo vehicle. Police are investigating the accident, per that report.… Continue reading A Waymo self-driving van was involved in a crash in Arizona
Toyota Plans $1.1 Billion Expansion at Canadian Plant
Toyota Motor Corp. is set to announce a C$1.4 billion ($1.1 billion) expansion of its Canadian operations to build the RAV4 sport utility vehicle, a bet on the nation’s manufacturing amid a cloud of uncertainty from ongoing Nafta talks. The Japanese automaker is slated to make an announcement Friday afternoon at its facility in Cambridge,… Continue reading Toyota Plans $1.1 Billion Expansion at Canadian Plant
Diesel Sheds Pariah Status to Become One of Hottest Energy Plays
After spearheading oil’s rally last summer, diesel markets have gotten even tighter. The cold winter in the U.S., strong global economic growth and refineries increasingly processing lighter crude oil have all contributed to the steady draw-down of diesel stockpiles the world over. All of that, along with the longer-term fillip of new shipping regulations, is… Continue reading Diesel Sheds Pariah Status to Become One of Hottest Energy Plays
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up
For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up