If it is of any indication, shares of companies against whom the complaint has been filed by Intellectual Ventures II, have largely remained unmoved. Trade authorities in the United States have disclosed that they will soon begin an investigation into… Read More ›
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›
Next year, in 2018 Ford will launch a refreshed version of the Ford Explorer SUV. As per a top executive from Ford Motor Co, the industry wide sales of SUV is likely to continue on its upward swing in the… Read More ›
After the November 8 U.S. elections, the U.S. stock market witnessed a bull run pumped up by Trump’s pro infrastructure promises. But with the Republicans not managing to repeal the Affordable Healthcare Act despite their majority, the shares of infrastructure… Read More ›
Fiat Chrysler’s CEO Sergio Marchionne has been an advocate of sharing the costs of cleaner next gen advance technology. The CEO of Europe’s biggest carmaker, Volkswagen AG, has stated he is yet to rule out talks on the potential acquisition… Read More ›
The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
The partnership could provide both Toyota and Suzuki greater market penetration as well as export opportunities. In what is likely to be a significant moment in Japanese automotive history, Toyota Motor Corp and Suzuki Motor Corp have agreed to begin… Read More ›
In September 2016, Tesla upgraded its Autopilot system, and added new limits on hands-off driving and other features which Elon Musk said would most likely have prevented the accident. In a significant development, U.S. auto safety regulators have disclosed that… Read More ›
Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
GM to build next generation self-driving cars in its factory in Michigan. In a strategic development that signals General Motor’s potential launch of new self-driving vehicles, the company’s CEO, Mary Barra has disclosed that the automaker will be expanding… Read More ›
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