Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.

NYSE-listed auto parts supplier Aptiv has picked up an 18% stake in Chinese self-driving technology provider MAXIEYE Automotive Technology for 570 million yuan ($80.1 million), according to a company release on Thursday.  Aptiv will tie up with MAXIEYE to develop a computing platform that integrates advanced algorithms and Wind River software, as the firm seeks… Continue reading Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.

German Manager Magazine: Renault: Car manufacturer increases sales in the third quarter thanks to new models003677

The car manufacturer Renault has benefited from new models amid industry weakness in the third quarter. Thanks to an increase in financial services, sales climbed by 1.8 percent to 10.7 billion euros, as the French announced on Thursday in Boulogne-Billancourt near Paris. However, that was slightly less than analysts expected. Without the slowing effect of… Continue reading German Manager Magazine: Renault: Car manufacturer increases sales in the third quarter thanks to new models003677

@Ford: MotorTrend Names Lincoln Nautilus 2025 SUV of the Year

Los Angeles, Oct. 24, 2024 – MotorTrend Group, a Warner Bros. Discovery company, announced today the Lincoln Nautilus as the 2025 SUV of the Year award winner. Lincoln’s premium SUV stood out from competitors thanks to its elegant and sporty exterior, excellent driver assist features, interior comfort, and user-friendly, in-vehicle digital experience system. The Nautilus takes… Continue reading @Ford: MotorTrend Names Lincoln Nautilus 2025 SUV of the Year

Stellantis to begin road testing solid-state batteries in 2026

Stellantis will start road testing solid-state batteries made by American start-up Factorial in two years. Factorial’s solid-state cells are said to have an energy density of more than 390Wh/kg, a marked improvement on the circa-270Wh/kg of many of today’s lithium-ion batteries. In real terms, that means electric cars with solid state batteries will possess significantly… Continue reading Stellantis to begin road testing solid-state batteries in 2026

Irdai raises concerns over high auto cover commissions

In 2019, Irdai set up a committee to review MISP guidelines, following complaints of malpractice. India’s insurance regulator in a meeting with top executives from non-life insurance companies on Monday expressed concerns over high commission payouts to motor insurance service providers (MISP) in the ‘motor own damage’ segment. The Insurance Regulatory and Development Authority of… Continue reading Irdai raises concerns over high auto cover commissions

El Salón del Automóvil de Los Ángeles anuncia a los finalistas en sus premios exclusivos Consumer Choice Awards: THE ZEVAS 2024

La segunda ronda de votación ya está abierta para decidir los ganadores generales de cada categoría del concurso de 2024 LOS ÁNGELES, 23 de octubre de 2024 /PRNewswire-HISPANIC PR WIRE/ — El Los Angeles Auto Show® (LA Auto Show, en inglés), el principal evento automovilístico y de estilo de vida del mundo, anunció hoy los finalistas… Continue reading El Salón del Automóvil de Los Ángeles anuncia a los finalistas en sus premios exclusivos Consumer Choice Awards: THE ZEVAS 2024

UNITS Partners with Toys for Tots For NASCAR Playoff Race

Penultimate Craftsmen Truck Series Race to Feature Toys for Tots/UNITS Sponsored Car CHARLESTON, S.C., Oct. 23, 2024 /PRNewswire/ — UNITS® Moving and Portable Storage, proud sponsors of the Craftsmen Truck Series #56 Toyota, is proud to once again bolster its partnership with Toys For Tots. On Friday November 1st, the UNITS sponsored truck driven by… Continue reading UNITS Partners with Toys for Tots For NASCAR Playoff Race

Tesla investors have a lot of questions for Musk about his political activism for Trump

Tesla and SpaceX CEO Elon Musk speaks with former president Donald Trump during a campaign event at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa.  Jabin Botsford | The Washington Post | Getty Images As Tesla prepares for quarterly results Wednesday, many investors have one big issue on their minds: Donald Trump. On a… Continue reading Tesla investors have a lot of questions for Musk about his political activism for Trump

Autocar magazine 23 October: on sale now

In this week’s magazine we take a look at McLaren W1’s biggest rival, the Ferrari F80, Porsche’s 25th Anniversary GT3 911 model, Tesla’s Robotaxi and some more updates from last week’s Paris Motor Show. Plus, Honda boss Toshihiro Mibe claims the brand’s time has come, as he shares plans for new EVs. News Steve Cropley… Continue reading Autocar magazine 23 October: on sale now