Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Tag: Ford
Where Geely And Chery Failed, China’s GAC Could Finally Crack The US Auto Market
Sparks fly as employees work on the door of a Trumpchi brand vehicle on a production line at the Guangzhou Automobile Group Co. Ltd. (GAC) plant in Guangzhou, China, on Wednesday, Nov. 2, 2017. Photographer: Qilai Shen/Bloomberg Late last year, GAC Motor Company (GAC Motor), a subsidiary of Guangzhou Automobile Corporation (GAC), announced that it plans to begin selling… Continue reading Where Geely And Chery Failed, China’s GAC Could Finally Crack The US Auto Market
Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows
Brussels, 16 April 2018 – The latest data shows that taxation on motor vehicles in the EU-15 is worth €413 billion annually – about three times the total budget of the European Union. This figure is up 4% compared with one year earlier. The data was published today in the 2018 Tax Guide of the… Continue reading Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows
Top Automotive Industry News for Week of April 9 – April 15, 2018
Here is the most important news associated with the automotive industry identified by the SEA for the week April 8, 2018 – April 15, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Audi brand to be excluded from VW sportscar brand overhaul: source… Continue reading Top Automotive Industry News for Week of April 9 – April 15, 2018
Ford’s self-driving car network will launch ‘at scale’ in 2021
Ford Ford hasn’t been shy about its plans for a self-driving car network in 2021, including its hopes of fielding a purpose-built vehicle that year. However, there have been questions about the size — will this be like the services we’ve seen so far, where one city gets a limited taste of the autonomous future?… Continue reading Ford’s self-driving car network will launch ‘at scale’ in 2021
GM Cuts Up To 1500 Jobs at Ohio Plant
General Motors said it would eliminate one of the two shifts at its Lordstown, Ohio, plant that makes the Chevrolet Cruze compact sedan. Up to 1,500 jobs will be lost. Photo: aaron josefczyk/Reuters By Mike Colias Mike Colias The Wall Street Journal Biography @MikeColias mike.colias@wsj.com April 13, 2018 4:42 p.m. ET 0 COMMENTS General Motors… Continue reading GM Cuts Up To 1500 Jobs at Ohio Plant
FCA Primed For Merger With Ford, Volkswagen, Or Geely?
“This is clearly the end of an era and maybe more, as Marchionne is not just the mastermind behind FCA, he is FCA,” said professor and former head of Fiat’s archives, Giuseppe Berta, in an interview with Automotive News. “After he is gone, FCA will have to change, and this opens room for a big… Continue reading FCA Primed For Merger With Ford, Volkswagen, Or Geely?
Press Releases – Insufficient support for electric vehicle charging infrastructure hampers uptake, new report shows
Brussels, 12 April 2018 – A report published today by the European Environment Agency (EEA) shows that there is still serious underinvestment in electric vehicle recharging infrastructure across Europe, with only one in three EU member states providing incentives. According to the EEA report, specific incentives for electric vehicle charging points were found in only… Continue reading Press Releases – Insufficient support for electric vehicle charging infrastructure hampers uptake, new report shows
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
Minister of Transport relies on auto industry: No diesel fund, no technical retrofitting
All articles and backgrounds 04/11/2018 Minister of Transport relies on car industry No diesel fund, no technical retrofitting BMW If the new Federal Cabinet in Meseberg in Brandenburg continues its meeting today, decisions should be made in the end as well, including the tiresome question of the nitrogen oxide pollution caused by diesel cars in… Continue reading Minister of Transport relies on auto industry: No diesel fund, no technical retrofitting