Let’s read the news. The new effort has features similar to car-centric websites such as TrueCar and Autotrader. The idea is to draw more people when they are thinking about buying and fixing their cars — and potentially generating advertising revenue or partnerships with dealerships and manufacturers. Sales at U.S. auto parts stores, led […]
Musk generated a lot of buzz over the weekend when he teased the idea over Twitter. After his proposed acquisition of SolarCity Corp. was widely panned, Tesla Motors Inc. Chairman and CEO Elon Musk is turning to a “masterplan.” Source: Twitter Adam Jonas, who analyzes the electric carmaker for Morgan Stanley, sent out a note to clients this morning speculating on […]
Fire up a new model and it updates more than 100,000 data points, including rather personal details like the front-seat passenger’s weight. The navigation system tracks every mile and remembers your route to work. The vehicular brain is smart enough to help avoid traffic jams or score parking spaces, and soon will be able to […]
For groups that have lobbied for stronger safety rules, that’s precisely what’s wrong with U.S. regulators’ increasingly anything-goes approach. Tesla Motors Inc. says the self-driving feature suspected of being involved in a May 7 fatal crash is experimental, yet it’s been installed on all 70,000 of its cars since October 2014. “Allowing automakers to do […]
Senior executives from each company will hold an event on Friday to discuss the driverless-vehicle initiative, said the people, who asked not to be named because the details are private. Mobileye shares jumped 12 percent, the most in almost two years, to $46.90 at 11:41 a.m. in New York. BMW AG, Intel CorpPanerai Replica Watches. […]
As part of the deal, VW will pay $2 billion over 10 years to promote clean cars such as those powered by hydrogen and electricity. To mitigate pollution created by the cheating cars, the company also will pay $2.7 billion over three years that will, in part, be used to give incentives to replace polluting […]
Robot makers are struggling with the same scale challenges that the auto industry overcame with the “miracle” that occurred when Henry Ford developed the assembly line, according to Gill Pratt, the chief executive officer of Toyota Research Institute. Toyota’s vaunted production system later showed how to make cars both more cheaply and reliably, despite mistake-prone […]
In an interview in Toronto, Chief Executive Officer Linda Hasenfratz declined to give specifics about the discussions but said she was excited about the potential to work with new players in the auto industry. Linamar Corp., a Canadian auto-parts maker, has talked with Apple Inc. and Google about potentially supplying the technology giants if they […]
The company had set up shop right next to Google’s headquarters in Mountain View, Calif., which was curious, because Google tightly controls most of the land in the area. Then a reporter spotted patent filings showing Zee.Aero was working on a small, all-electric plane that could take off and land vertically—a flying car. Three years […]
It’s easy to see why. After record profit last year and higher earnings in the first quarter, GM shares were down 12 percent this year through Monday. Slowing growth in U.S. auto sales and long-term threats from auto industry interlopers like ride-sharing firm Uber Technologies Inc. and self-driving car developer Google are among investors’ concerns. […]
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