VW boss says ‘risk of jail’ justifies mega salary

FRANKFURT AM MAIN, Germany – The head of German car giant Volkswagen, still grappling with the fallout from a huge emissions cheating scandal, on Friday defended his 10-million-euro salary by saying it made up for the risk of having “one foot in jail”. In an interview with news weekly Der Spiegel, Matthias Mueller said he… Continue reading VW boss says ‘risk of jail’ justifies mega salary

New Auto Recall Search Tool Launches to Enhance Outreach and Notification to Vehicle Owners

LAS VEGAS, March 23, 2018 /PRNewswire/ — Automakers today announced the launch of a new tool aimed at increasing consumer participation in auto recalls by allowing approved commercial and governmental entities, including state departments of motor vehicles, state vehicle registrars, state vehicle inspection programs, motor vehicle insurers, auto finance companies, motor vehicle dealers, vehicle fleet managers,… Continue reading New Auto Recall Search Tool Launches to Enhance Outreach and Notification to Vehicle Owners

Car manufacturer: refurbishment talks at Opel falter

Opel plant in Rüsselsheim Works Council Chairman Wolfgang Schäfer-Klug stated that he did not want to accept any subsequent conditions for contracts from the new parent company. (Photo: AP) At the crisis carmaker Opel The restructuring talks between the employee representatives and the new parent company PSA are faltering. In a statement distributed on Friday… Continue reading Car manufacturer: refurbishment talks at Opel falter

Nissan: Nissan aims to sell 1 million electrified vehicles a year by FY2022

Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve autonomous driving systems, and accelerate vehicle connectivity as part of its Nissan M.O.V.E.… Continue reading Nissan: Nissan aims to sell 1 million electrified vehicles a year by FY2022

LiDAR Maker Velodyne ‘Baffled’ By Self-Driving Uber’s Failure To Avoid Pedestrian

Alan Ohnsman The spot at 640 North Mill Avenue in Tempe, Arizona, where pedestrian Elaine Herzberg was struck and killed by a self-driving Uber test vehicle on March 18, 2018. As federal investigators try to figure out why a self-driving Uber SUV failed to detect and avoid hitting a pedestrian walking her bicycle across an… Continue reading LiDAR Maker Velodyne ‘Baffled’ By Self-Driving Uber’s Failure To Avoid Pedestrian

Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth

SHANGHAI, March 23, 2018 /PRNewswire/ — Following the acquisition by Aviation Industry Corporation of China (AVIC) in 2011, the 110-year-old Nexteer Automotive, once an auto parts division under GM, has found its way into rapid development. The EVs and autonomous vehicles are gaining impetus, what impacts will the market changes exert on the company’s future… Continue reading Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth

BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

Follow John BMW sold more than 100,000 cars with plugs last year, adding together its battery-electric and plug-in hybrid models. That’s roughly on a par with Tesla, and ahead of both General Motors and Nissan, two other pioneers in modern electric cars. The company has put far more plug-in cars on the road to date… Continue reading BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

BMW, Toyota venture units back lidar developer Blackmore

23 Mar 2018 US-based technology firm raises $18M in series B round aimed at ramping ‘long-range’ system for autonomous vehicles. Blackmore Sensors and Analytics, a Bozeman, Montana, firm working on lidar technology for future deployment in autonomous vehicles, says it has raised $18 million in a series B round of venture finance. Led by BMWi Ventures, and with… Continue reading BMW, Toyota venture units back lidar developer Blackmore

Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline

All articles and backgrounds 03/23/2018 Car manufacturers desperate for new emission regulations BMW also stops production of X5 and X6 petrol engines BMW BMW X5: From late May to early 2019 no longer available with gasoline engine For a year, the BMW 7 Series is in Europe not available as gasoline engine – This sales… Continue reading Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline