Peugeot confident of SUV and EV push after strong sales results

Peugeot CEO Jean-Philippe Imparato believes his company is well placed to capitalise on the electric and SUV “revolutions” following a year of strong global growth. Speaking exclusively to Autocar, Imparato said that the brand’s 600,000 SUV sales in 2017, which represented 60% growth on the year before, was an example of its improving image and… Continue reading Peugeot confident of SUV and EV push after strong sales results

China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars

Chinese automaker Chery will be building cars with Level 3 autonomous features powered by supplier ZF’s ProAI platform, which itself uses Nvidia GPUs for its driving intelligence. The partnership was announced at the North American International Auto Show today in Detroit, and follows announcements from CES where Nvidia announced further collaboration with ZF and with… Continue reading China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars

Lyft opens up Concierge, its ride-booking service for businesses, to all

Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in 2016, the service was originally designed to help patients get to medical appointments, particularly in areas where they may not have a car of their own, like… Continue reading Lyft opens up Concierge, its ride-booking service for businesses, to all

Ferrari Has Plans to Make an Electric Supercar

Ferrari NV will make a battery-powered supercar to challenge Tesla Inc. at the high end of the electric-auto market, Chief Executive Officer Sergio Marchionne said. The race-car maker, spun off from Fiat Chrysler Automobiles NV, has been expanding its lineup to lift sales without losing the exclusivity of a brand associated with Italian design and… Continue reading Ferrari Has Plans to Make an Electric Supercar

UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019

DETROIT (Reuters) – General Motors Co (GM.N) shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018 earnings outlook was above market expectations, sending GM shares up about… Continue reading UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019

VW Chief Sales Officer: E-mobility is making rapid progress in the USA

Jürgen Stackmann “In terms of charging infrastructure, a lot is happening in the country, which means that the barriers to entry into electromobility are falling,” said the VW board member. (Photo: AP) Despite the enthusiasm of the Americans for SUVs and heavy pickup trucks will, according to estimates of VWBoard member Jürgen Stackmann E-Mobility in… Continue reading VW Chief Sales Officer: E-mobility is making rapid progress in the USA

Schaeffler reports strong growth in 4th quarter 2017

HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017

Elon Musk said Tesla’s Model 3 owners will be able to control ‘pretty much anything’ in the car with their voices soon (TSLA)

Tesla’s Model 3 will have expanded voice control capabilities soon.Tesla Tesla CEO Elon Musk wrote on Twitter that Model 3 owners “will be able to do pretty much anything via voice command” soon. Musk added that Tesla is “focused on core Model 3 functionality right now,” but will work on introducing more features in the near… Continue reading Elon Musk said Tesla’s Model 3 owners will be able to control ‘pretty much anything’ in the car with their voices soon (TSLA)

Toyota Production in North America Nearly 2 Million in 2017

Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017

Flat fare? Dodgy meter blocks rollout of London’s electric cabs

Automotive industry Flat fare? Dodgy meter blocks rollout of London’s electric cabs Zero-emission TX eCity cab can’t ply for hire until problem is sorted … and don’t get cabbies started on the lack of charging points Be lucky? Not likely. LEVC’s TX4 eCity has an iffy meter which makes trade as flat as January, the… Continue reading Flat fare? Dodgy meter blocks rollout of London’s electric cabs