Britain’s transportation minister is set to make self-driving friendly insurance rules, a fact which could nurture the nascent industry which globally has been valued at $1.1 trillion by 2025. In what is likely to be a major strategic shift to… Read More ›
vehicles
Toyota and Suzuki partnership could be a win-win deal for both carmakers
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 ›
General Motors and its Chinese JV partners rake in record profits in 2016
Despite registering a 2.3% year-on-year fall in sales, General Motors and its Chinese partners have sold a record number of small-engine cars in China. In 2016, General Motors and its joint venture partners have sold 3.87 million vehicles in China,… Read More ›
Takata appears eager to settle DoJ probe before Obama leaves office
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 ›
Volkswagen recalls 4481 Golf & Jetta cars in Russia
The move has been initiated by Volkswagen voluntarily. Volkswagen has decided to recall 4,481 Jetta and Golf cars in Russia to mitigate a possible fault in them. Rosstandart, Russia’s standards agency has stated that Volkswagen has voluntarily recalled the affected… Read More ›
Renault, Nissan and Mitsubishi to have a common platform for EVs
As a result of this collaboration, the prices of their offerings could drop by as much as 1/5 of Nissan’s leaf price tag. As per Japanese business daily, the Nikkei has reported that Renault, Mitsubishi Motors Corp and Nissan Motor… Read More ›
General Motors to expand testing & production of self-driving cars
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 ›
Ford Motor to raise $2.8 billion to fund its foray into EVs and self-driving technology
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
VW inches to a final agreement with U.S. regulators and lawyers representing car owners
U.S. District Judge Charles Breyer has scheduled the next hearing for Dec 16. The current hearing has been postponed since “may produce a resolution of the outstanding issues.” In a development that could add additional pressure to embattled auto maker… Read More ›
Intel makes inroads into self-driving car market
Delphi Automotive and Israel-based Mobileye will be using Intel’s System-on-a-Chip (SOC) solution for their joint production of a self-driving vehicle. Intel’s chips will also be at the heart of BMW’s autonomous vehicles. In a development that is likely to be… Read More ›