Tag: Possible_Terrorism_Warfare

Nissan to cut China auto output over 3 months as demand slows – source – Reuters

TOKYO, Dec 28 (Reuters) – Nissan Motor Co plans to cut vehicle production in China by 30,000 units in the coming months, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market. After Ford Motor Co and Hyundai Motor Co, Nissan becomes the latest… Continue reading Nissan to cut China auto output over 3 months as demand slows – source – Reuters

Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as much as $5 billion from its ongoing Series H round, up from an original target of $3 billion, a source with… Continue reading Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Nissan to make fewer cars in China in months ahead as demand slows: source

TOKYO (Reuters) – Nissan Motor Co (7201.T) will produce 30,000 fewer vehicles in the coming months in China than what it had planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market. Nissan cars are seen at a storage area in Guangzhou, Guangdong… Continue reading Nissan to make fewer cars in China in months ahead as demand slows: source

UPDATE 1-Nissan to make fewer cars in China in months ahead as demand slows-source

TOKYO (Reuters) – Nissan Motor Co (7201.T) will produce 30,000 fewer vehicles in the coming months in China than what it had planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market. Nissan cars are seen at a storage area in Guangzhou, Guangdong… Continue reading UPDATE 1-Nissan to make fewer cars in China in months ahead as demand slows-source

Peugeot Returns to U.S. to Help People Get Around, but Not With Its Cars – The New York Times

PARIS — Nearly three decades ago, Peugeot abandoned the United States market, stung by years of dwindling sales that were punctuated by a dispiriting 4,291 cars sold in 1990. Two years ago, Peugeot’s parent, the big European carmaker PSA Group, announced its return to the cutthroat North American market. The move stunned some industry observers… Continue reading Peugeot Returns to U.S. to Help People Get Around, but Not With Its Cars – The New York Times

Tesla shares fall 7.6% following price cuts in China and Elon Musk’s promise to reimburse missed tax credits

Monday was a tough day for the U.S. stock market, but Tesla shares were hit especially hard. The stock fell by 7.6 percent after Tesla cut the Model 3’s price in China and CEO Elon Musk promised to reimburse U.S. customers if they miss a tax credit deadline due to Model 3 shipment delays. Reuters… Continue reading Tesla shares fall 7.6% following price cuts in China and Elon Musk’s promise to reimburse missed tax credits

The Great Ferrari Walkout Almost Killed the Company – Live Trading News

$RACE Perhaps the biggest Ferrari scandal in the Maranello Outfit’s history is the 1 that almost finished the company, as it came at a very difficult time for Enzo Ferrari. It happened in the early 1960’s, when Enzo had a number of arch-rivals chasing him stemming from the common desire to best both his company’s… Continue reading The Great Ferrari Walkout Almost Killed the Company – Live Trading News

Uber’s self-driving cars are back on the road, nine months after a fatal accident

Source: Uber
Uber Volvo SUV

Uber's self-driving cars are back on the road Thursday, nine months after a fatal accident in Arizona stalled development and pushed the company into lengthy reviews.

The company says it conducted a “top-to-bottom” audit of its safety policies. It previously vowed to improve operations before returning self-driving vehicles to the road. Uber pulled all testing in March, after one of the company's autonomous vehicles struck and killed a pedestrian.

A self-driving Uber SUV recognized a pedestrian crossing the street but failed to slow down for the designated back-up driver to manually brake in time. The National Transportation Safety Board investigated the accident and found gaps in Uber's systems.

“Over the past nine months, we've made safety core to everything we do,” Eric Meyhofer, head of Uber Advanced Technologies, said in a statement. “We implemented recommendations from our review processes, spanning technical, operational and organizational improvements. This required a lot of introspection and took some time. Now we are ready to move forward.”

The company is resuming road tests in Pittsburgh, with approval from the Pennsylvania Department of Transportation. The company is also resuming manual testing, with a human driver directing the vehicle, in San Francisco and Toronto.

“We've reviewed and improved our testing program to ensure that our vehicles are considerate and defensive drivers,” Meyhofer said. “Before any vehicles are on public roads, they must pass a series of more than 70 scenarios without safety-related failures on our test track. We are confident we've met that bar as we reintroduce self-driving vehicles to Pittsburgh roadways today.”

Start-up Zoox is working on making the roads safer with self-driving cars
8:00 AM ET Wed, 24 Oct 2018 | 06:11

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