April 4, 2018 In multiple developments in China, three firms have teamed up to form a joint venture that will develop smart trucks while startups BitKan and Ainemo have raised millions of dollars in their latest funding rounds. GLP teams up with G7, NIO Capital for smart trucks JV Industrial logistics provider GLP has teamed… Continue reading China Digest: Smart trucks JV formed; BitKan, Ainemo raise funds
Tag: Autonomous
Japanese liability rules for partial autonomous driving
In Japan, one wants to adopt a law to introduce autonomous driving, including the liability issue. In Germany There is already a law, although the technology is not yet approved. In Japan you want to follow suit. Japan autonomous driving technique. Source: asia.nikkei.com The big question arises in terms of liability, So if it comes… Continue reading Japanese liability rules for partial autonomous driving
Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: As the European LCV market leader, Groupe PSA (Paris:UG) intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to… Continue reading Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019
(2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(ATTN: ADDS details throughout) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by the group. The… Continue reading (2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
(ATTN: ADDS Hyundai’s response in 4th para) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by… Continue reading (LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates
Carmakers proceed cautiously after EPA mpg announcement
Environmental Protection Agency Administrator Scott Pruitt speaks with auto industry leaders following a news conference at the Environmental Protection Agency in Washington, April 3, 2018, on his decision to scrap Obama administration fuel standards. (Photo: Andrew Harnik / AP) Washington — Detroit automakers say they’re committed to increasing the fuel economy of their cars, despite… Continue reading Carmakers proceed cautiously after EPA mpg announcement
GM partner's self-driving car gets a ticket from San Francisco cop
CLOSE Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. Ford Cruise Automation self-driving test vehicle navigates the urban streets of San Francisco, CA. (Photo: Karl Nielsen for Cruise Automation) It sounds like the setup for a joke: A self-driving car got a ticket last week in San Francisco, KPIX-TV… Continue reading GM partner's self-driving car gets a ticket from San Francisco cop
Ford SUVs Hit Record Sales Month – Retail Up; F-Series Posts Best Results Since 2000; All-New Expedition Retail Up 46 Percent, While Navigator Sees Triple-Digit Retail Gain
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford SUVs Hit Record Sales Month – Retail Up; F-Series Posts Best Results Since 2000; All-New Expedition Retail Up 46 Percent, While Navigator Sees Triple-Digit Retail Gain
Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
Ford could make electric cars in Germany after 2023 – Handelsblatt
FRANKFURT (Reuters) – Ford could make electric cars in Germany after 2023, when the life cycle of Ford’s Fiesta model is due to end, the head of the carmaker’s German business told a paper, adding he would welcome state subsidies to support the shift. The Ford logo is seen at the New York Auto Show… Continue reading Ford could make electric cars in Germany after 2023 – Handelsblatt