Tesla, GM, Volkswagen score as China lifts auto ownership restrictions

Autoplay Show Thumbnails Show Captions Last SlideNext Slide U.S. President Donald Trump, right, and Chinese President Xi Jinping speak during a business event at the Great Hall of the People in Beijing. (Photo: Andy Wong, AP) Tesla, General Motors, Volkswagen and other automakers scored a big win Tuesday as China announced plans to lift strict… Continue reading Tesla, GM, Volkswagen score as China lifts auto ownership restrictions

Leaked Tesla email says Model 3 will go to 24/7 production

Tesla is about to ramp up production of the Model 3 sedan according to an email obtained by Jalopnik. The company shut down the sedan’s production line this week, but this email says the line will soon be running and a third shift will be added allowing the sedan to be built around the clock.… Continue reading Leaked Tesla email says Model 3 will go to 24/7 production

VW to tweak logo for electric-car era

Chris Reiter, Bloomberg News Published 4:56 p.m. ET April 16, 2018 The new logo will be unveiled next year, in time for the German carmaker’s plans for an aggressive rollout of electric vehicles, Jochen Sengpiehl, the brand’s chief marketing officer, said Monday at a press briefing in Berlin. In a sign of the times, it’ll… Continue reading VW to tweak logo for electric-car era

Toyota to deploy vehicle-to-vehicle tech in 2021

John Lippert and Todd Shields, Bloomberg Published 2:30 p.m. ET April 16, 2018 Toyota says it will start equipping models with technology to talk to other vehicles starting in 2021, as it tries to push safety communications forward. (Photo: David Zalubowski / AP, file) Toyota Motor Corp. laid out plans to start putting short-range communications… Continue reading Toyota to deploy vehicle-to-vehicle tech in 2021

UPDATE 4-Musk insists Tesla does not need more capital, predicts profit soon

(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker higher. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder… Continue reading UPDATE 4-Musk insists Tesla does not need more capital, predicts profit soon

UPDATE 2-Musk says Tesla will be profitable in Q3, Q4

(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker higher. FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside London,… Continue reading UPDATE 2-Musk says Tesla will be profitable in Q3, Q4

Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall

All articles and backgrounds 04/13/2018 Escape tendencies at Opel The new Opel rulers are heading for conflict with IG Metall AFP The boss and his Opel boss: Carlos Tavares (l.) And Michael Lohscheller. Carlos Tavares has a reputation to lose: that of the successful car company Sanierers. So the head of PSA Peugeot Citroën after… Continue reading Escape tendencies at Opel: The new Opel rulers are heading for conflict with IG Metall

Herbert Diess, a cost killer at the head of Volkswagen

He had targeted the chair of the BMW boss, he finally won the Volkswagen. Herbert Diess, who succeeds Matthias Müller at the head of the group of twelve brands, landed in July 2015 in Wolfsburg, the historic headquarters of Volkswagen, just a few weeks before the outbreak of the scandal on faked engines. The Munich… Continue reading Herbert Diess, a cost killer at the head of Volkswagen

A LiDAR Prodigy Cranks Up Production In The Race For Robot Car Vision Sales

Austin Russell, Luminar’s CEO and co-founder, is convinced his company has the most advanced, highest resolution laser LIDAR sensor on the market and he’s quickly boosting production to supply autonomous vehicle test fleets. One year after emerging from stealth mode Luminar, a maker of laser LiDAR sensors for self-driving vehicles led by 23-year-old optics whiz… Continue reading A LiDAR Prodigy Cranks Up Production In The Race For Robot Car Vision Sales

Thiel-Backed Autonomous Car Supplier Slashing Cost, Scaling Up

Luminar Technologies Inc., the self-driving sensor startup backed by billionaire Peter Thiel, is rolling out a cheaper-to-make version of its laser technology and ramping up production to supply the key component for autonomous vehicles. The startup released a new sensor platform Thursday that reduces the cost of its most expensive part from tens of thousands… Continue reading Thiel-Backed Autonomous Car Supplier Slashing Cost, Scaling Up