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Showing posts from October, 2018

VW, Ford in talks on autonomous, electric vehicles, report says

Volkswagen and Ford are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, Reuters reported, citing a person familiar with the matter. from Automotive News Breaking News Feed https://ift.tt/2qkqwHR via IFTTT

GM to end outgoing Silverado, Sierra production in 2019

GM CFO Dhivya Suryadevara on Wednesday said the company will begin winding down production of the outgoing K2 crew cab models early next year. from Automotive News Breaking News Feed https://ift.tt/2Q9uWwI via IFTTT

GM to end outgoing Silverado, Sierra production in 2019

GM CFO Dhivya Suryadevara on Wednesday said the company will begin winding down production of the outgoing K2 crew cab models early next year. from Automotive News Breaking News Feed https://ift.tt/2qlaEFd via IFTTT

Aptiv's Q3 net drops despite increase in sales as production falls in key markets

The global automotive technology supplier reported its sales grew 11 percent to $3.5 billion in the third quarter, despite lower production volumes in some of its biggest markets, especially China and Europe. from Automotive News Breaking News Feed https://ift.tt/2RrV8Th via IFTTT

Hyundai, Kia to develop new solar charging tech

Hyundai and Kia are planning to launch a solar charging technology for some Hyundai vehicles to meet global emission regulation targets. from Automotive News Breaking News Feed https://ift.tt/2P19Js5 via IFTTT

GM offering buyouts to 18,000 salaried employees

General Motors is offering voluntary buyouts to roughly 18,000 salaried employees in North America with 12 years or more of experience. from Automotive News Breaking News Feed https://ift.tt/2OZMjU5 via IFTTT

Toyota must pay family $208M for Lexus crash after Texas judge lowers award

A Dallas County judge reduced the amount awarded to a family to $208 million after finding that manufacturer defects in the family's Lexus ES 300 caused two children to sustain serious and permanent injuries during a rear-end collision in September... from Automotive News Breaking News Feed https://ift.tt/2CUJahk via IFTTT

Ford, Baidu to start self-driving road tests in China

Ford and Baidu launched a two-year project to test self-driving vehicles on Chinese roads, amid a global race by carmakers and technology companies to develop autonomous vehicles and the software that runs them. from Automotive News Breaking News Feed https://ift.tt/2zhxRfx via IFTTT

Tata Motors posts Q2 loss on declining JLR sales, one-time charge

Tata Motors reported a loss for the three months ended September, dented by falling Jaguar Land Rover sales and a one-time charge related to a subsidiary closure in Thailand. from Automotive News Breaking News Feed https://ift.tt/2OWFR02 via IFTTT

Tata Motors posts Q2 loss on declining JLR sales, one-time charge

Tata Motors on Wednesday reported a loss for the three months ended September, dented by falling Jaguar Land Rover sales and a one-time charge related to a subsidiary closure in Thailand. from Automotive News Breaking News Feed https://ift.tt/2JthxwJ via IFTTT

GM posts $2.5 billion 3Q profit on strong results in key markets

Stronger-than-expected results in China and North America propelled General Motors to a 25 percent increase in pretax profit in the third quarter and net income of $2.5 billion. from Automotive News Breaking News Feed https://ift.tt/2PySC0n via IFTTT

Ford, Baidu to start self-driving road tests in China

Ford and Baidu launched a two-year project to test self-driving vehicles on Chinese roads, amid a global race by carmakers and technology firms to develop autonomous vehicles and the software that runs them. from Automotive News Breaking News Feed https://ift.tt/2CSHYeb via IFTTT

Mazda slumps to operating loss amid falling sales, rising costs

Mazda slumped into the red in the most recent quarter, broadsided by falling global sales, suspended production in Japan, unfavorable foreign exchange rates and increased investment in its U.S. retail network reforms. from Automotive News Breaking News Feed https://ift.tt/2Sz4E8v via IFTTT

Time running out for autonomous car bill sought by automakers

A push on Capitol Hill to speed development of self-driving vehicles may not cross the finish line in time for this Congress -- casting doubt on the future of unusually bipartisan legislation in Washington. from Automotive News Breaking News Feed https://ift.tt/2zg7AhA via IFTTT

VW may share EV platform with Ford

Volkswagen could be open to sharing its new electric vehicle platform with Ford as the automaker seeks to establish partnerships to share development costs. from Automotive News Breaking News Feed https://ift.tt/2SBr4q3 via IFTTT

Mazda slumps to quarterly loss amid falling sales, rising costs

Mazda slumped into the red in the most recent quarter, broadsided by falling global sales, suspended production in Japan, unfavorable foreign exchange rates and spiraling costs for increased investment in its U.S. retail network reforms. from Automotive News Breaking News Feed https://ift.tt/2DdgqkI via IFTTT

Faraday Future co-founder Nick Sampson steps down

Chinese EV developer Faraday Future said co-founder Nick Sampson has resigned, a week after the cash-starved company planned pay cuts and layoffs to reduce operational costs. from Automotive News Breaking News Feed https://ift.tt/2CR9OaF via IFTTT

Tesla accused in driver suit of overstating Autopilot safety

Tesla is accused in a lawsuit of misleading consumers into believing that the Autopilot system on its cars can safely transport passengers at highway speeds. from Automotive News Breaking News Feed https://ift.tt/2OYTDzx via IFTTT

FCA, 2,200 years after Hannibal, brandishes 1,000-hp war elephant

Some 2,200 years after Hannibal crossed the Alps to invade Italy using an army of African war elephants, FCA's Mopar brand is unleashing the Hellephant -- a giant, supercharged 1,000-hp crate engine it intends to sell next year and is capable of... from Automotive News Breaking News Feed https://ift.tt/2qklzyN via IFTTT

Waymo gets first California OK for driverless testing without backup driver

Alphabet's Waymo unit on Tuesday became the first company to receive a permit from California to test driverless vehicles without a backup driver in the front seat, the state's Department of Motor Vehicles said. from Automotive News Breaking News Feed https://ift.tt/2CR6tZ2 via IFTTT

Faraday Future co-founder Nick Sampson steps down

Chinese EV developer Faraday Future said co-founder Nick Sampson has resigned, a week after the cash-starved company planned pay cuts and layoffs to reduce operational costs. from Automotive News Breaking News Feed https://ift.tt/2DdNPMi via IFTTT

Tesla accused in driver suit of overstating Autopilot safety

Tesla is accused in a lawsuit of misleading consumers into believing that the Autopilot system on its cars can safely transport passengers at highway speeds. from Automotive News Breaking News Feed https://ift.tt/2CRkRR5 via IFTTT

Honda profit surges 40% on more profitable mix, cost cuts

Honda's more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses. from Automotive News Breaking News Feed https://ift.tt/2zeyeHS via IFTTT

Faraday Future co-founder Nick Sampson steps down, report says

Chinese EV developer Faraday Future's co-founder, Nick Sampson, has resigned, tech website Verge reported, a week after the cash-starved company planned pay cuts and layoffs to reduce expenses. from Automotive News Breaking News Feed https://ift.tt/2SwRgSr via IFTTT

GM may need to address traditional issues sooner rather than later

The automaker's third-quarter earnings report, set for release Wednesday, could shed more light on GM's operational challenges and how the company plans to navigate them. from Automotive News Breaking News Feed https://ift.tt/2Pv6qZM via IFTTT