Category: Automotive

Analyst: F-Series one reason to bet on Ford

Ford’s F-150 franchise might be worth more than the entire company, Adam Jonas said. (Photo: Ford) Ford Motor Co.’s F-150 franchise might be worth more than the entire company, according to Morgan Stanley equity analyst Adam Jonas. That’s one reason the Wall Street analyst on Wednesday raised his price target for the company from $10… Continue reading Analyst: F-Series one reason to bet on Ford

Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

2018/03/15 Products and Technology Developing Safe, Durable Lithium-ion Batteries to Replace Lead-Acid Batteries HIROSHIMA, Japan-Mazda Motor Corporation, ELIIY Power Co., Ltd. and Ube Industries, Ltd. have agreed to jointly develop lithium-ion batteries for use in automobiles. The three companies will work together to develop durable, heat- and impact-resistant 12-Volt lithium-ion batteries as a viable replacement… Continue reading Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Tesla says Model S, Model X production efficiency much improved

(Reuters) – Tesla Inc said the number of labor hours needed to produce its Model S and Model X cars have decreased considerably, following the latest report of quality problems that could prevent the carmaker from hitting its production targets. The body of a Tesla Model S is transported by an automated crane at the… Continue reading Tesla says Model S, Model X production efficiency much improved

Accelerate UK ban on sale of new diesel and petrol cars, MPs urge

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Accelerate UK ban on sale of new diesel and petrol cars, MPs urge

Auto parts maker Magna invests $200 million in Lyft

(Reuters) – Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars. FILE PHOTO – An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren The news… Continue reading Auto parts maker Magna invests $200 million in Lyft

BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

GM is piloting a new P2P car-sharing service

BI Intelligence This story was delivered to BI Intelligence Transportation and Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. GM will start piloting a new peer-to-peer (P2P) car-sharing service this summer that will allow GM car owners to rent out their vehicles when they’re… Continue reading GM is piloting a new P2P car-sharing service

UPDATE 1-Ford recalls 1.38 million vehicles for loose steering wheel bolts

(Reuters) – Ford Motor Co (F.N) said Wednesday it is recalling 1.38 million vehicles in North America for potentially loose steering wheel bolts that could detach, in an issue linked to two accidents and one injury. People crowd around a 2017 Ford Fusion being displayed at the North American International Auto Show in Detroit, January… Continue reading UPDATE 1-Ford recalls 1.38 million vehicles for loose steering wheel bolts