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Showing posts from May, 2018

Waymo to buy up to 62,000 Chrysler Pacifica Hybrid minivans to expand fleet

Google affiliate Waymo will purchase up to 62,000 additional Chrysler Pacifica Hybrid minivans from FCA US starting later this year to begin a vast expansion of the company's public driverless ride-hailing fleet as it expands nationwide. from Automotive News Breaking News Feed https://ift.tt/2suNg8J via IFTTT

New-vehicle loan amounts, payments hit record high

The average loan amount and monthly payment for new vehicles reached record highs in the first quarter. The percentage of new-vehicle subprime loan originations dropped, while prime origination share reached a six-year high. from Automotive News Breaking News Feed https://ift.tt/2kC0RYk via IFTTT

Federal rollback of car-emissions standards advances to review

Regulators have sent proposals to roll back auto efficiency standards to the White House for review, a key step in what's likely to be a contentious debate over future environmental regulation. from Automotive News Breaking News Feed https://ift.tt/2JgUMhX via IFTTT

U.S. set to impose tariffs on EU steel, aluminium

Washington is poised to impose tariffs on European steel and aluminium imports as early as Thursday, two sources told Reuters. from Automotive News Breaking News Feed https://ift.tt/2kE5v8e via IFTTT

GM's autonomous vehicle unit to get $2.25 billion boost from investment firm

SoftBank Vision Fund, a prominent technology investment firm, will invest $2.25 billion in General Motors' Cruise Automation autonomous vehicle operations. from Automotive News Breaking News Feed https://ift.tt/2kEtKDu via IFTTT

Autoliv's electronics business wins record orders ahead of spinoff

Autoliv said it had seen record order intake over the past year for its electronics business, Veoneer, which makes products such as radars and vision systems. from Automotive News Breaking News Feed https://ift.tt/2sxwjuG via IFTTT

More signals emerge on Ford's possible purchase of Detroit train station

One of businessman Matty Moroun's companies transferred ownership of the Michigan Central Station to a mystery company as all signs point to Ford purchasing Detroit's long-vacant train station. from Automotive News Breaking News Feed https://ift.tt/2kBTRL9 via IFTTT

Japan investigators plan to raid Kobe Steel, report says

Japanese prosecutors will conduct an on-site investigation at Kobe's offices as early as Thursday, the Yomiuri Shimbun reported, opening the possibility of criminal charges against the company. from Automotive News Breaking News Feed https://ift.tt/2IZVpxl via IFTTT

Trump threatened to bar German luxury cars in U.S., report says

President Trump told French President Emmanuel Macron he would block German luxury carmakers from the U.S. market, a German magazine reported. from Automotive News Breaking News Feed https://ift.tt/2IZTvwH via IFTTT

Tesla Model 3 wins Consumer Reports blessing after brake fix

Tesla's Model 3 won a coveted recommendation from Consumer Reports after an over-the-air software update improved braking by almost 20 feet. from Automotive News Breaking News Feed https://ift.tt/2sm0Qw3 via IFTTT

More signals emerge on Ford's possible purchase of Detroit train station

One of the Moroun family's companies transferred ownership of the Michigan Central Station to a mystery company last week as all signs point to Ford purchasing Detroit's long-vacant train station. from Automotive News Breaking News Feed https://ift.tt/2H3e19y via IFTTT

Rivian Automotive plans to start EV production at ex-Mitsu plant by 2020

Rivian Automotive, backed by a new $200 million loan, said it will begin producing electric vehicles at the former Mitsubishi plant in Normal, Ill., by 2020. from Automotive News Breaking News Feed https://ift.tt/2IW1T02 via IFTTT

Tesla discloses payment to a board member's firm

A private equity firm linked to a Tesla Inc. director spent more than 100 days at the carmaker's battery factory late last year to help increase Model 3 sedan production. from Automotive News Breaking News Feed https://ift.tt/2H15dB3 via IFTTT

Marchionne's grand finale entails expanding Jeep, shrinking Fiat, reports say

Sergio Marchionne's last hurrah as CEO of Fiat Chrysler entails betting the automaker's future on Jeeps and Maseratis while downsizing its namesake brands, Bloomberg reported. from Automotive News Breaking News Feed https://ift.tt/2IUWvKy via IFTTT

Marchionne's grand finale entails expanding Jeep, shrinking Fiat, reports say

Sergio Marchionne's last hurrah as CEO of Fiat Chrysler entails betting the carmaker's future on Jeeps and Maserati luxury cars while downsizing its namesake brands, people familiar with the matter told Bloomberg. from Automotive News Breaking News Feed https://ift.tt/2LJY4sI via IFTTT

Is Sergio plotting to have a starved Chrysler whacked? Looks like it to me

The Chrysler brand isn't weak because consumers abandoned it. It's weak because FCA did. from Automotive News Breaking News Feed https://ift.tt/2H2pAy1 via IFTTT

Honda shows off Amaze sedan

In the latest new video to top our viral video charts, Honda shows off the Amaze sedan for the Indian market. from Automotive News Breaking News Feed https://ift.tt/2IXFGyu via IFTTT

U.S., EU can still talk trade after tariffs, Commerce Secretary Wilbur Ross says

The United States and European Union could still negotiate a trade deal even if Washington imposes import tariffs on EU steel and aluminum, Commerce Secretary Wilbur Ross said. from Automotive News Breaking News Feed https://ift.tt/2ky6iaW via IFTTT

India delays plan to roll out 10,000 electric cars to 2019

India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a year, in a setback to its ambitions of having electric vehicles comprise about a third of its fleet by 2030. from Automotive News Breaking News Feed https://ift.tt/2L2Evuc via IFTTT

May U.S. sales expected to rise behind extra selling day, holiday deals

Forecasts from Cox Automotive, Edmunds and LMC Automotive/J.D. Power call for U.S. light-vehicle sales to rise about 3 percent to around 1.56 million vehicles in May. It would be the industry's third increase in the first five months of 2018. from Automotive News Breaking News Feed https://ift.tt/2JgIne4 via IFTTT

Panasonic plans to develop cobalt-free car batteries

Panasonic is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient. from Automotive News Breaking News Feed https://ift.tt/2ISC8O2 via IFTTT

Tesla CEO says challenging India regulations preventing entry into country

India has been wooing Tesla to set up a factory on its soil, but CEO Elon Musk isn't falling for it. At least not yet. from Automotive News Breaking News Feed https://ift.tt/2JcGmj5 via IFTTT

Panasonic plans to develop cobalt-free car batteries

Panasonic is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient. from Automotive News Breaking News Feed https://ift.tt/2L3lWGr via IFTTT

U.S. EV maker Green4U to build plant in Honduras

Green4U Technologies has signed a memorandum of understanding to build an assembly plant in Honduras, the first of its kind in the Central American country. from Automotive News Breaking News Feed https://ift.tt/2kEeyX3 via IFTTT

EU braces for U.S. metal tariffs as hopes for relief from Trump fade

EU Trade Commissioner Cecilia Malmstrom gave her clearest signal yet that the bloc will come up short in its bid for a permanent, unconditional waiver from U.S. metal tariffs that President Donald Trump imposed on national security grounds. from Automotive News Breaking News Feed https://ift.tt/2LI6QaG via IFTTT