Cadillac goes green with the CT6 Plug-In hybrid

CT6 Plug-in (2018) Get more info More 72 Scores Engadget 72   Critic Not yet scored   Users Not yet scored   Key Specs From $0.00 Buy Now More and more luxury automobile owners want to go green. Sure there’s a chance they’re looking to save a few bucks on gas, but you rarely find… Continue reading Cadillac goes green with the CT6 Plug-In hybrid

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Following Tragic Accident, a Personal Connection to Building Autonomous Cars

Patti Robb, chief strategist at Intel’s Silicon Valley Innovation Center and Autonomous Vehicle Labs, stands beside a car that is outfitted for autonomous driving in Intel’s Santa Clara, California, lab. (Photo Credit: Walden Kirsch/Intel Corporation) How she’d describe her work to a 10-year-old: “I am the leader of the garages where Intel and its partners… Continue reading Following Tragic Accident, a Personal Connection to Building Autonomous Cars

Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

But this is not the way to go for Bosch. Seeo is to be sold, while the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture dissolved. Bosch’s reasoning is too high economic risks as initial investment alone would be some 20 billion euros to build a 200 GWh production facility for some… Continue reading Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award

Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award VAN BUREN TOWNSHIP, Mich., April 10, 2018 — Visteon Corporation (Nasdaq: VC), a leading cockpit electronics technology supplier, has been awarded an Automotive News PACE Award for its industry-first cockpit domain controller platform, SmartCore™. The PACE Awards, announced April 9 in Detroit, honor innovation, technological… Continue reading Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award

BP teams up with Tesla to venture into battery storage for windfarm

LONDON (Reuters) – BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday. FILE PHOTO: The logo of BP is on display at a petrol station in Moscow, Russia,… Continue reading BP teams up with Tesla to venture into battery storage for windfarm

Ally and Fair Announce Strategic Alliance

DETROIT, April 10, 2018 /PRNewswire/ — Ally Financial Inc. and Fair today announced a strategic relationship in which Fair will use Ally’s SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing powered by Ally’s Clearlane program. Under the agreement, vehicles returned to Fair as a result of a customer exiting… Continue reading Ally and Fair Announce Strategic Alliance

NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO

FRANKFURT, April 10 (Reuters) – Loved by investors and prepared to take on trade unions, Volkswagen brand boss Herbert Diess is likely to finally get his chance to lead Germany’s biggest carmaker which is expected to change faster under his cost-cutting style. Diess is known for squeezing more savings out of suppliers than fellow managers… Continue reading NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO

China’s President Xi Jinping offers U.S. possible trade concessions

Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions

Ford really wants to succeed in India: Here's why

Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why