A 2015 aluminum-alloy body Ford F-150 truck during inspection at the company’s Kansas City Assembly Plant in Claycomo, Mo. in March 2015. (Photo: Charlie Riedel, AP) Ford suspended all production Wednesday of its profit-driving F-150 pickup, the nation’s best-selling vehicle for more than 35 years, because of a “black swan” parts shortage. The production halt… Continue reading Ford forced to stop all F-150 production because of supplier fire
Tag: Financial Results
Nissan: Nissan to expand ProPILOT Assist technology to additional models
Rogue Sport among vehicles to receive technology following strong global market performance YOKOHAMA, Japan — Nissan’s innovative ProPILOT Assist semi-autonomous driving system has been a hit with customers, with more than 120,000 vehicles featuring the technology sold globally. The availability of ProPILOT Assist is now set to expand to additional models, including the Nissan Rogue… Continue reading Nissan: Nissan to expand ProPILOT Assist technology to additional models
Embark CEO says autonomous driving is the only way we’ll get to zero fatalities
Autonomous systems are coming. In fact, they’re already here thanks to Alphabet’s Waymo, Uber and smaller startups like Aurora, Embark Trucks and Voyage. Although there have a been a couple of fatal crashes involving autonomous software, the consensus seems to be that self-driving is still the way to go. Last year, 37,150 people died in… Continue reading Embark CEO says autonomous driving is the only way we’ll get to zero fatalities
Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting
The Tesla Inc. management ranks that Elon Musk told employees he’s “flattening” had already been raising eyebrows by how quickly it was thinning out. Musk announced a “thorough reorganization” in a memo to employees Monday, saying Tesla was changing its structure to improve communication, combine functions and get rid of activities that aren’t “vital to… Continue reading Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting
Nissan ensures no merger with Renault is scheduled
This is the question that obsesses Japanese journalists. While presenting on Monday in Yokohama, the annual results of the manufacturer, Hiroto Saikawa, the CEO from Nissan, had to answer the interrogations of the reporters on the possible project of a merger of the Japanese group with the French Renault, with which it shares a delicate… Continue reading Nissan ensures no merger with Renault is scheduled
Singapore: Transport management startup VersaFleet secures $2.1m funding
May 14, 2018 Singapore-based transport management startup VersaFleet is set to expand its presence across Asia and boost its artificial intelligence (AI) capabilities after securing S$2.8 million ($2.1 million) in a pre-Series A round led by Prestellar Ventures. VersaFleet’s system automates logistics operations and allocates drivers’ route plans more efficiently, saving both time and money,… Continue reading Singapore: Transport management startup VersaFleet secures $2.1m funding
Waymo’s value is $ 135 billion
The autonomous operator Waymo is said to have a value of 135 billion US dollars. Originally everything was Google and then came the split. Google became alphabet and Google is now only the search engine. The autonomous driving project is called Waymo today. With the publication of the quarterly figures of the parent company (alphabet)… Continue reading Waymo’s value is $ 135 billion
Nissan reports full-year results for fiscal year 2017
YOKOHAMA, Japan (May 14, 2018) – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018. For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments and negative pricing trends; however, a partial recovery was achieved due to solid… Continue reading Nissan reports full-year results for fiscal year 2017
Tesla Supercharger network grows at record pace in 2018 as competition heats up
Several new electric vehicle fast-charging networks are currently under construction, but Tesla’s Supercharger network is still the one to beat. The California-based automaker is not sitting on its EV charging infrastructure lead as it has been deploying new chargers at a record pace this year. Home Solar Power According to the Supercharger tracker Supercharge.info, Tesla… Continue reading Tesla Supercharger network grows at record pace in 2018 as competition heats up
Elio Motors CEO reaffirms commitment to vehicle production in Shreveport
CADDO PARISH, LA (KSLA) – Paul Elio, the president and CEO of Elio Motors, was in downtown Shreveport Friday to reaffirm his commitment to bringing his company to Caddo Parish. Elio addressed concerns and fielded questions from his reporters about the stagnation of his company and when the public can expect vehicle production to begin.… Continue reading Elio Motors CEO reaffirms commitment to vehicle production in Shreveport