Production has slowed at Mercedes-Benz in Vance as a result of a factory fire in Michigan. (Joe Songer | jsonger@al.com). Joe Songer | jsonger@al.com The effects of a Michigan auto supply plant fire have now hit a Birmingham supplier of Mercedes-Benz in Vance. MISA, a subsidiary of Marubeni-Itochu Steel, is cutting some shifts as a… Continue reading Shift cuts announced at Birmingham Mercedes supplier
Category: Automotive
Fiat Chrysler warns 5.3M owners: Don’t use the cruise
DETROIT: Fiat Chrysler is recalling more than 5.3 million vehicles in the U.S., Canada and elsewhere because in rare but terrifying circumstances, drivers may not be able to turn off the cruise control. The company is warning owners not to use cruise control until the cars, SUVs and trucks can be fixed with a software… Continue reading Fiat Chrysler warns 5.3M owners: Don’t use the cruise
Microsoft buys Semantic Machines
Semantic Machines & Language AI Center | Autonomous Driving & Co navigation Return to content The US IT group Microsoft is expanding the business with the AI and buying Semantic Machines. The US company Microsoft plans to strengthen its business with the assistants and bots and has incorporated in this regard the company Semantic Machines.… Continue reading Microsoft buys Semantic Machines
World’s Best CEOs: 30 Leaders With Talent to Spare
Corporate America’s bottom line is growing fatter, fast. Big-company earnings per share swelled nearly 25% during the first quarter, the biggest gain since 2010. Global economic growth looks strong, too. Exceptional chief executives are preparing for tomorrow’s challenges by putting today’s cash windfall to good use. It’s no coincidence, then, that two themes stood out… Continue reading World’s Best CEOs: 30 Leaders With Talent to Spare
Auto tariff cut to fuel sales of SUVs, new energy cars
Visitors look at a Porsche during the biennial Beijing auto show in May. [Photo by Wang Zhuangfei/China Daily] China’s plans to slash its automobile import tariffs are expected to fuel sales of premium SUVs and new energy cars, which are already riding high in the country. The tariffs, which now range from 20 to 25… Continue reading Auto tariff cut to fuel sales of SUVs, new energy cars
UPDATE 3-Tesla agrees to settle class action over Autopilot billed as ‘safer’
NEW YORK (Reuters) – Tesla Inc on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company’s assisted-driving Autopilot system was “essentially unusable and demonstrably dangerous.” FILE PHOTO: A Tesla Model S car is seen in a showroom in Santa… Continue reading UPDATE 3-Tesla agrees to settle class action over Autopilot billed as ‘safer’
Welcoming New Talent to Tesla
UPDATE 3-Fiat Chrysler recalls 5.3 mln vehicles for cruise control defect
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV is recalling more than 5.3 million vehicles in North America over a defect that could prevent drivers from deactivating cruise control, the company said on Friday, warning owners not to use the function until they get software upgrades. A car hauler transports Chrysler vehicles from the FCA Jefferson… Continue reading UPDATE 3-Fiat Chrysler recalls 5.3 mln vehicles for cruise control defect
Common Sense: ‘Mustang Means Freedom’: Why Ford Is Saving an American Icon
A souped-up 1967 Mustang fastback stars in “The Fast and the Furious: Tokyo Drift.” But Mustangs aren’t all about high testosterone. A 1966 convertible is featured in “The Princess Diaries,” and Ford said 27 percent of Mustang buyers are women. William Clay Ford Jr., Ford’s executive chairman and the great-grandson of founder Henry Ford, is… Continue reading Common Sense: ‘Mustang Means Freedom’: Why Ford Is Saving an American Icon
Tesla settles class action suit over Autopilot claims for $5M
Tesla has paid out $5 million to settle a class action lawsuit against it alleging that the Autopilot feature in the company’s cars was “essentially unusable and demonstrably dangerous.” Owners who paid $5,000 for Autopilot will be reimbursed to the tune of a couple hundred bucks, Reuters reported. Although Tesla claimed that the semi-autonomous driving… Continue reading Tesla settles class action suit over Autopilot claims for $5M