Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China

YANCHENG, China, May 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today inaugurated a facility in Yancheng, China, that will manufacture thermal-management products for conventional and new-energy vehicles. Dana repurposed an 8,000 square-meter (86,000 square-foot) plant with an investment of CNY105 million (US$16.7 million), making it the company’s 16th facility in China and the second in… Continue reading Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China

DS to launch flagship BMW 5 Series-rivalling saloon in 2020

DS is primed to launch a flagship saloon as early as 2020, according to company sources. It is thought that the new luxury model will be based on the PSA Group’s EMP2 platform, which underpins numerous other cars within the company including the DS 7 Crossback, the recently revealed Peugeot 508 and the Vauxhall Insignia. The… Continue reading DS to launch flagship BMW 5 Series-rivalling saloon in 2020

GM Gets Ready for a Post-Car Future

About a hundred years ago, the United States reached “peak horse.” In 1920 some 25 million horses roamed the plains, boulevards, cul-de-sacs, rodeos, stockyards, ports, farms, and dingy alleys of America—toting freight, plowing fields, fighting wars, carrying passengers on buggy rides, and making a complete mess. According to American Heritage magazine, in 1900 health officials… Continue reading GM Gets Ready for a Post-Car Future

Israel’s defense expertise drives tech boom for autonomous cars

SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. FILE PHOTO: The logo Israeli driverless technology firm Mobileye is seen on the building of their offices in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun/File… Continue reading Israel’s defense expertise drives tech boom for autonomous cars

“Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors

RUEIL MALMAISON, France–(BUSINESS WIRE)–Regulatory News: MM Shigenobu Nagamori and Carlos Tavares, respectively Chief Executive Officer of Nidec and Groupe PSA (Paris:UG), endorsed today the establishment of Nidec-PSA emotors – the new Nidec Leroy-Somer and Groupe PSA Joint Venture dedicated to the design, development, manufacture and sale of electric traction motors. Forty engineers have already been… Continue reading “Nidec-PSA emotors” Joint Venture Created by Groupe PSA and Nidec Starts the Design of Its Future Electric Motors

China cutting auto import taxes as of July 1

Joe McDonald, AP Business Writer Published 9:42 a.m. ET May 22, 2018 In this April 26, 2018, file photo, visitors look at a Buick Enspire concept car on display at the China Auto China in Beijing. China has announced it will reduce auto import duties effective July 1 following promises to buy more U.S. goods… Continue reading China cutting auto import taxes as of July 1

Brexit a threat to flow of goods in and out of Europe

After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the UK earlier this month, dozens of cargo containers were offloaded and whisked away on lorries. The hundreds of passengers weren’t as lucky: they had to line up for border checks. Brexit risks putting UK freight in the slow… Continue reading Brexit a threat to flow of goods in and out of Europe

Lyft hires former Tesla Autopilot manager for self-driving car efforts

Sameer Qureshi has left his role as a senior manager of Tesla Autopilot Programs and has joined Lyft, according to his LinkedIn. We first saw the news over on Electrek. Tesla declined to comment, but Lyft confirmed Qureshi joined the team this week. At Lyft, Qureshi is now director of product for autonomous driving, specifically focused… Continue reading Lyft hires former Tesla Autopilot manager for self-driving car efforts

Lyft may be getting into the electric scooter game

Mike Blake / Reuters Lyft seems to be eyeing a move into the electric scooter craze — the company is considering applying for a permit to run a service in San Francisco, The Information reported, and it’s in the early stages of working on prototypes. Some companies like Bird, Lime and Spin already have scooters… Continue reading Lyft may be getting into the electric scooter game