NEW DELHI (Reuters) – Chinese automakers Great Wall Motor (601633.SS) and Changan Automobile (000625.SZ) are accelerating plans to build cars in India after the initial success of rival SAIC Motor (600104.SS) in one of the world’s biggest markets, three sources said. FILE PHOTO: A picture shows the emblem of the Changan automobile maker at the… Continue reading China’s Great Wall revs up for India as rivals hit the brakes
Tag: GM
30-40% Of Tesla Owners Buy Autopilot – Forbes
Full self-driving capability is just three years away, according to one Silicon Valley expert. “We’ve probably spent $100 billion in the past four or five years developing technology for fully autonomous go-anywhere cars,” says Blair LaCorte, president of AEye. “That … can now be used in more intelligent ways, in more intelligent business models.” Quite… Continue reading 30-40% Of Tesla Owners Buy Autopilot – Forbes
Mobility services: Expensive fleet: The car sharing flop from Daimler and BMW
Drive Now and Car2Go cars Skepticism about the business model is increasing. (Photo: obs / Accor Hotellerie Deutschland GmbH) Düsseldorf, Munich It was not a year ago that the motto was “The sky is the limit”. The bosses of that time BMW and Daimler. Harald Kruger and Dieter Zetsche, announced the merger of their mobility… Continue reading Mobility services: Expensive fleet: The car sharing flop from Daimler and BMW
Blacklane is on the road to building a profitable on-demand transportation platform
Like it or loathe it, Uber changed the face of modern urban transportation by providing a relatively pain-free way to order a car to take you from A to B. But the company’s growth has done more than catapult Uber into the ranks of the biggest (and most-watched) tech companies: it’s helped open the door… Continue reading Blacklane is on the road to building a profitable on-demand transportation platform
GM issues two recalls for more than 900,000 new vehicles
FILE PHOTO: The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October 26, 2015. REUTERS/Rebecca Cook/File Photo (Reuters) – General Motors Co (GM.N) said Thursday it is issuing recalls for more than 900,000 vehicles worldwide in two separate campaigns to address brake software and fire risks. The… Continue reading GM issues two recalls for more than 900,000 new vehicles
Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger
BEIJING/PARIS (Reuters) – China’s Dongfeng Motor Group (0489.HK) and Peugeot maker PSA (PEUP.PA) are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker’s merger with Fiat Chrysler Automobiles (FCA). FILE PHOTO: The logo of PSA Peugeot Citroen is seen at the company’s plant in Poissy,… Continue reading Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger
Car-sharing boom goes bust: Surprise and dismay in Seattle as last free-floating service disappears
Alex Johnson gets ready to drive off in a car2go vehicle he found parked in Seattle’s Fremont neighborhood on Wednesday. (GeekWire Photo / Kurt Schlosser) The car talk on the street was one of surprise Wednesday as Share Now, operator of car2go, announced that it will be pulling out of North America and leaving Seattle… Continue reading Car-sharing boom goes bust: Surprise and dismay in Seattle as last free-floating service disappears
French designs on dominance of Peugeot-Fiat rest on Tavares
PARIS/MILAN (Reuters) – Billed as a merger of equals, PSA’s $50 billion tie-up with Fiat Chrysler (FCA) gives the Peugeot owner one potentially big advantage, its own boss will be firmly behind the new wheel. FILE PHOTO: Carlos Tavares, Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends a news conference… Continue reading French designs on dominance of Peugeot-Fiat rest on Tavares
Heavy construction sites await PSA-Fiat Chrysler
Posted Dec 18 2019 at 6:07 pm Economies of scale, sharing of technologies, geographic complementarity… By joining forces , PSA and Fiat Chrysler will undoubtedly be better equipped to face the tormented years ahead in the automotive industry. Carlos Tavares, PSA CEO called to lead the future together, will nevertheless very serious challenges . ·… Continue reading Heavy construction sites await PSA-Fiat Chrysler
Cars Are Secretly Spying on Us
Spy Car Your car is likely capturing hundreds of data points about you and your driving, and secretly sending it to the manufacturer. Hacking into a 2017 Chevrolet for The Washington Post, tech writer Geoffrey Fowler learned that the car had been tracking his location, monitoring activity on the cell phone he had connected, and… Continue reading Cars Are Secretly Spying on Us