Share Facebook Tweet Pinterest Email Vietnamese automaker VinFast will use the Paris auto show to raise its global profile by unveiling Italian-designed first production cars. VinFast said it will debut a production-ready SUV and production-ready sedan at the Paris auto show in October. The SUV is similar in size to the BMW X5 crossover, while… Continue reading Vietnam’s VinFast gets Italian design, German engineering
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Cox Automotive forms new business division after acquiring tech platform
By Eric Mandel – Digital Producer , Atlanta Business Chronicle Aug 13, 2018, 11:11am EDT Cox Enterprises Inc. is speeding into another venture, with the formation of a new business division inside its automotive subsidiary. The Atlanta-based company said Monday that Cox Automotive is leveraging its recent acquisition of Clutch Technologies to create Mobility Solutions Group,… Continue reading Cox Automotive forms new business division after acquiring tech platform
Tesla Model 3 is ‘military-grade tech years ahead of peers’ but still expected to lose money
Tesla’s Model 3 sedan is blowing engineers away, but it might be a big headache for folks in finance.
Ford says slow-and-steady will win the self-driving car race
Ford doesn’t want to be the first company to offer self-driving cars to the public; it it wants to be the brand most synonymous with the word “trust” — at least, that’s what the company says in its self-driving safety report, which it delivered to the US Department of Transportation Thursday. The 44-page document, entitled… Continue reading Ford says slow-and-steady will win the self-driving car race
Uber narrows losses but growth slows
Uber narrowed its losses in the second quarter but remains a long way from turning a profit, according to company results published on Wednesday. The ride-hailing firm reported an $891m (£702m) net loss for the three months to 30 June, compared with a $1.1bn loss a year ago. Revenue growth slowed and the firm continues… Continue reading Uber narrows losses but growth slows
New Uber feature uses machine learning to sort business and personal rides
Uber announced a new program today called Profile Recommendations that takes advantage of machine intelligence to reduce user error when switching between personal and business accounts. It’s not unusual for a person to have both types of accounts. When you’re out and about, it’s easy to forget to switch between them when appropriate. Uber wants to… Continue reading New Uber feature uses machine learning to sort business and personal rides
Brexit: what it means for the British car industry
If there was ever a company that tracked the recent downs and ups of our car industry, it’s Unipart, which was once a division of the state-owned dinosaur British Leyland but is now a thriving independent parts and logistics firm. Neill’s worries are those of the wider industry. Tariffs would be bad, but worse would… Continue reading Brexit: what it means for the British car industry
Top auto supplier Magna takes $60 million hit from tariffs, but CEO still sees ‘huge’ opportunity
With about 25,000 employees in the United States and another 23,000 in Canada, automotive supplier Magna International sits squarely in the center of an ongoing trade dispute.
These companies might close, lay off US workers because of Trump’s trade war
Many companies are holding out hope that the trade negotiations end quickly but have warned that job cuts and price increases could be imminent. BMW and General Motors sent their warnings in writing to the Department of Commerce. “This is hurting the economy but so far it’s manageable,” says Mark Zandi, chief economist of Moody’s… Continue reading These companies might close, lay off US workers because of
Trump’s trade war