Hyundai Motor says reviews investing in contract manufacturing

SEOUL (Reuters) – Hyundai Motor (005380.KS) on Monday conducted due diligence on a contract car manufacturing plant site for possible investment, as the South Korean firm seeks ways to cut costs and conserve capital to develop new technologies such as electric vehicles. FILE PHOTO: The logo of Hyundai Motor is seen at its dealership in… Continue reading Hyundai Motor says reviews investing in contract manufacturing

Auto: Comment un logiciel gonfle les prix des pièces de rechange

par Tom Bergin et Laurence Frost Plusieurs constructeurs automobiles, parmi lesquels Renault, PSA et Jaguar Land Rover, ont gonflé de plus d’un milliard de dollars (850 millions d’euros environ) en dix ans le chiffre d’affaires qu’ils réalisent sur les pièces de rechange grâce à un logiciel, selon des documents de justice. /Photo d’archives/REUTERS/Benoit Tessier LONDRES/PARIS… Continue reading Auto: Comment un logiciel gonfle les prix des pièces de rechange

Car makers used software to raise spare parts prices

Reuters/Benoit Tessier Ever had the nagging suspicion that your car’s manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare… Continue reading Car makers used software to raise spare parts prices

How carmakers hike spare parts prices by using software and stealth

London CARMAKERS including Renault, Jaguar Land Rover (JLR) and Peugeot have boosted revenues by over US$1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare… Continue reading How carmakers hike spare parts prices by using software and stealth

Software and stealth: how carmakers hike spare parts prices

LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. FILE PHOTO: Vehicles are seen at a Dongfeng Peugeot Citroen… Continue reading Software and stealth: how carmakers hike spare parts prices

Tesla can change so much with over-the-air updates that it’s messing with some owners’ heads

When Consumer Reports recently found that the braking distance on the Tesla Model 3 was worse than that of a Ford F-150, CEO Elon Musk took the criticism and found a solution. Days later, Tesla shipped an over-the-air update that, according to CR’s testing, improved the braking distance by 19 feet. It’s a wild idea:… Continue reading Tesla can change so much with over-the-air updates that it’s messing with some owners’ heads

Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV plans to take a bigger bite out of the U.S. luxury market by filling up its Alfa Romeo brand’s model lineup. As part of an ambitious five-year plan that Sergio Marchionne unveiled Friday outside Turin, Italy, the chief executive revealed that Alfa Romeo has seven… Continue reading Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

Alibaba reveals new driverless delivery bot

Chinese retail giant Alibaba has unveiled a new automated vehicle which it says is easy to mass-produce and could serve a number of functions. These could include delivery courier or automated coffee vendor, it said. The Cainiao G Plus can travel at up to nine miles per hour, reports The Verge news site. It was… Continue reading Alibaba reveals new driverless delivery bot

Maruti Suzuki’s May sales up 26%

NEW DELHI: The country’s largest car maker Maruti Suzuki India (MSI) today reported a 26 per cent increase in total sales at 1,72,512 units in May as against 1,36,962 units in the year-ago month. The firm’s domestic sales stood at 1,63,200 units, up 24.9 per cent from 1,30,676 units in May last year, MSI said… Continue reading Maruti Suzuki’s May sales up 26%

BMW says may source more US steel its auto plant after tariff move

FRANKFURT (Reuters) – BMW (BMWG.DE) said on Friday it may increase the amount of steel it sources locally for its U.S. plant after Washington imposed tariffs on imports of steel and aluminium from the European Union. The BMW logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of… Continue reading BMW says may source more US steel its auto plant after tariff move