The well-funded startups driven to own the autonomous vehicle stack

At some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, the full realization of the “auto” part of the word — in the form of fully autonomous… Continue reading The well-funded startups driven to own the autonomous vehicle stack

UPDATE 1-Germany grills Daimler boss over extent of Vito van emissions fix

BERLIN/FRANKFURT (Reuters) – Germany’s Transport Ministry quizzed Daimler (DAIGn.DE) Chief Executive Dieter Zetsche on Monday over how many Mercedes-Benz vans and cars need to be fixed after a regulator said it had found illegal software in one of its models. FILE PHOTO: Daimler CEO Dieter Zetsche speaks during a world premiere for the new Mercedes… Continue reading UPDATE 1-Germany grills Daimler boss over extent of Vito van emissions fix

Press Releases – EU vehicle manufacturers express concern on US investigation into auto imports

Brussels, 28 May 2018 – The European Automobile Manufacturers’ Association (ACEA) has expressed its concern regarding the initiation by the United States of a national security investigation into imports of motor vehicles and auto parts. “Automobile manufacturers active in both Europe and the US are truly global players with interests in both regions,” stated ACEA… Continue reading Press Releases – EU vehicle manufacturers express concern on US investigation into auto imports

Daimler threatens recall hundreds of thousands of diesel

According to SPIEGEL information, the Federal Motor Transport Authority examines further Daimler models. Not only the transporter Vito should have manipulated the corporation, but also in popular mass models. Tom Grünweg Mercedes C-Class at the 2014 premiere in Detroit Friday, 25.05.2018 12:00 o’clock The Daimler Group threatens the official recall of more than 600,000 diesel… Continue reading Daimler threatens recall hundreds of thousands of diesel

Nissan debuts open-air version of the new Nissan LEAF

Nissan debuted the Nissan LEAF Open Car, an open-air version of the new Nissan LEAF electric car, in Tokyo today. TOKYO (May 25, 2018) – Nissan showed the Nissan LEAF Open Car, an open-air version of the new Nissan LEAF, in Tokyo today. The 100% electric car was displayed at a forum to celebrate the… Continue reading Nissan debuts open-air version of the new Nissan LEAF

US launches auto import probe, China says will defend interests

WASHINGTON (Reuters) – The Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March. The national security probe under Section 232 of the Trade Expansion Act of 1962 would investigate whether vehicle and parts… Continue reading US launches auto import probe, China says will defend interests

Rivian Automotive Closes Financing Round of $200 Million

author: Eric Walz    Rivian Automotive, an automotive technology company developing electric SUVs and pickup trucks has secured $200 million of debt financing from Standard Chartered Bank, adding to the financing Rivian has already secured from other investors, including Sumitomo Corporation of Americas (SCOA). RJ Scaringe, Founder and Chief Executive Officer of Rivian, stated, “This latest… Continue reading Rivian Automotive Closes Financing Round of $200 Million

Citroen C5 Aircross SUV launched in Europe

Citroën has officially launched the C5 Aircross in Europe, bringing a firm focus on in-car comfort to the compact five-seat SUV segment. One year after a China-specific model made its debut at the Shanghai motor show, Citroën has now repackaged the C5 Aircross to appeal to European customers. It is set to rival the Nissan Qashqai and… Continue reading Citroen C5 Aircross SUV launched in Europe

Toyota to ramp up hydrogen fuel cell vehicle sales around 2020

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Thursday said it plans to set up a facility to mass manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to ramp up production of hydrogen-powered cars and expand their usage as a zero-emission alternative to gasoline vehicles. Employees of Toyota… Continue reading Toyota to ramp up hydrogen fuel cell vehicle sales around 2020

Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference

Business and technology leaders share insights into the transformations poised to reshape the future PARIS – Bloomberg’s Sooner Than You Think (STYT) conference convenes business and technology leaders to share vital insights into the tech trends and transformations that are poised to reshape the future. During that event, Carlos Ghosn, Renault-Nissan-Mitsubishi chairman and chief executive… Continue reading Carlos Ghosn on ‘Mobility Reimagined’ during STYT Bloomberg’s conference