Posts filtered by tags: Automotive Industry[x]


 

Toyota doubles down on Nvidia tech for self-driving cars

Toyota is deepening its relationship with Nvidia as the automaker, and its research arms in Japan and the U.S., ramps up its autonomous vehicle development program. Nvidia CEO Jensen Huang announced Monday during his keynote at the 2019 GPU Technology Conference that Toyota Research Institute-Advanced Development — the automaker’s Japan-based research arm — is using the chipmaker’s full end-to-end development and production to develop, train and validate its autonomous vehicle technology. The...
Tags: TC, Transportation, Japan, Technology, Business Model, Tech, Ceo, Companies, Artificial Intelligence, Automotive, United States, Nvidia, The Guardian, Automotive Industry, Toyota, Simulation


Toyota’s Trying to Remain Non-threatening in the U.S.

While the Trump administration is carefully considering whether or not imported vehicles qualify as a threat to national security, and prepares for trade negotiations with Japan, Toyota is being very careful about how it comes across in America. Last week, the automaker announced plans to add about 600 jobs across the Southern United States — raising […] The post Toyota’s Trying to Remain Non-threatening in the U.S. appeared first on The Truth About Cars.
Tags: Jobs, Investments, America, United States, Autos, Automotive Industry, Toyota, Donald Trump, Trump, Akio Toyoda, Toyota Motor Corporation, Southern United States, News Blog, Japan Toyota, Auto Jobs


Model Y: Tesla to unveil new electric crossover SUV

Company is banking on the new model to revive excitement about the brand as traditional carmakers expand their electric vehicle offeringsTesla is expected to unveil a new electric crossover SUV, the Model Y, during an event in Los Angeles on Thursday evening. The company claims the car is likely to be its bestselling vehicle.The vehicle will be the fifth model for the electric carmaker, which has spent the past three years struggling to fulfill its March 2016 promise to produce a mass-market ele...
Tags: Elon Musk, Technology, Los Angeles, Tesla, US news, Automotive Industry, Motoring, Electric, Hybrid And Low-emission Cars


Model Y: Tesla unveils new electric crossover SUV

Company is banking on the new model to revive excitement about the brand as traditional carmakers expand their electric vehicle offeringsTesla unveiled a new electric crossover SUV, the Model Y, during an event at the company’s design studio in Hawthorne on Thursday evening. Chief Executive Elon Musk said the compact SUV would first debut in a long-range version with a range of 300 miles priced at about $47,000. Continue reading...
Tags: Elon Musk, Technology, Tesla, US news, Automotive Industry, Motoring, Electric, Hybrid And Low-emission Cars, Hawthorne


Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’

A meeting rumored to be targeted at developing a new board to oversee the Renault-Mitsubishi-Nissan Alliance took place earlier this week at Nissan’s global headquarters, sans Carlos Ghosn, with the automakers agreeing to a consensus-based governing strategy. At the heart of this pact is the need to diffuse tensions between France and Japan. If you’ll recall, […] The post Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’ appeared first on The Truth About Cars.
Tags: Japan, France, Industry, Auto Industry, Autos, Automotive Industry, Nissan, Mitsubishi, Renault, Carlos Ghosn, Thierry Bollore, News Blog, Osamu Masuko, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Jean-Dominique Senard


James Bond to drive electric Aston Martin in new movie

Reports have emerged that Daniel Craig will get behind the wheel of a zero-emissions motor in his latest adventure – only £250,000 to dedicated fansLong-haul flights, tons of guns and a bagpipe flamethrower: such are the special demands of his career that James Bond has never been considered a poster boy for an eco-friendly lifestyle. But next year’s 25th Bond film looks set to have Ian Fleming’s hero make his first concession to climate change, by driving an electric Aston Martin – albeit one w...
Tags: Business, Technology, Climate Change, Film, Environment, Culture, Greenhouse Gas Emissions, Travel and transport, James Bond, Ian Fleming, Automotive Industry, Daniel Craig, Motoring, Electric, Hybrid And Low-emission Cars, Aston Martin


Practicality Will Dictate Mitsubishi’s Foreseeable Future

Mitsubishi has quite the storied history, but for car lovers things don’t really kick off until the 1970s, when the company spun off Mitsubishi Motors from its Heavy Industries division. With help from Chrysler, the Japanese company managed a foothold in North America and started escalating volume. Before long, Mitsubishi was delivering economically minded vehicles to […] The post Practicality Will Dictate Mitsubishi’s Foreseeable Future appeared first on The Truth About Cars.
Tags: Strategy, Editorials, Autos, Chrysler, Automotive Industry, North America, Mitsubishi, Mitsubishi Motors, Product Strategy, News Blog, Eclipse Cross, Lancer Evolution, Heavy Industries


FCA Fine Flying Solo, Equally Happy With Help

With Sergio Marchionne gone, most assumed Fiat Chrysler Automobiles would swiftly enact the late CEO’s plan to convince another automaker to partner with the company. Until recently, FCA was viewed as a dinosaur within the industry — limping along since its Fiat acquisition with a lineup of unpopular European imports and oversized American vehicles that couldn’t possibly endure […] The post FCA Fine Flying Solo, Equally Happy With Help appeared first on The Truth About Cars.
Tags: Investments, Industry, Fca, Autos, Chrysler, Fiat, Automotive Industry, Mobility, Dodge, Auto Sales, Car Sales, Jeep, Fiat Chrysler, Sergio Marchionne, Fiat Chrysler Automobiles, Mike Manley


Parents Are Buying Loads of Cars for Their Adult Children

It looks as though more parents are increasingly paying for the transportation needs of their (sometimes very old) children. Thanks largely to abandoning the important job of parenthood, a Bank of America survey a discovered small portion of adults between age 23 and 37 are now able to put away legitimate savings. However, the prevalence […] The post appeared first on The Truth About Cars.
Tags: Debt, Bank Of America, Data, Millennials, Used Cars, Studies, Autos, Automotive Industry, Statistics, Auto Sales, Reports, Baby Boomers, News Blog, Auto Loans, Sign of the Times, Studies & Reports


Ghosn Tries to Speak With Alliance Board Over Big Changes, Blocked by Court

Rather than focus entirely on his upcoming court case, Carlos Ghosn, the former chairman of the Renault–Nissan–Mitsubishi Alliance, attempted to gain access to a meeting at Nissan Motor Co. to explain himself to the board. Unfortunately for the fallen industry titan, the Tokyo District Court said such a meeting would violate the terms of his bail by […] The post Ghosn Tries to Speak With Alliance Board Over Big Changes, Blocked by Court appeared first on The Truth About Cars.
Tags: Court, Mergers, Autos, Automotive Industry, Nissan, Mitsubishi, Meetings, Renault, Ghosn, Carlos Ghosn, Nissan Motor Co, Tokyo District Court, News Blog, Mitsubishi Alliance, Renault-Nissan-Mitsubishi Alliance, Auto Alliances


Tesla performs U-turn over store closures

Car prices to rise by ‘about 3%’ after decision to move to online-only sales reversedTesla has reversed a decision to close all its stores and move to an online-only sales model, the company has announced, pending the results of a further review on the usefulness of physical locations.The initial decision was made as part of a plan to reduce costs at the company, in order to fund an across-the-board immediate price reduction of 6% on Tesla’s cars. Now, however, Tesla will be increasing the price...
Tags: Business, Technology, Tesla, World news, Automotive Industry


With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement

Nissan’s Chief Executive Officer, Hiroto Saikawa, apparently intends to stick around a little longer than previously expected. According to unnamed Nissan staffers who spoke to Bloomberg, the CEO told executives he plans to stay at least three more years to help the automaker recover from the aftermath of the scandal involving Renault-Nissan-Mitsubishi Alliance head Carlos Ghosn — despite recently […] The post With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement appeared first on ...
Tags: Bloomberg, Autos, Automotive Industry, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Geneva motor show: Brexit, electric cars and luxury dominate agenda

With sales under pressure, carmakers gather to show off their latest offeringsWorld’s most expensive new car snapped up for £9.5mIn pictures – Geneva goes electric: 2019 motor showCarmakers gathering at the annual Geneva motor show this week were hoping the Alpine spring air and customary launches of new models would be a springboard for an industry fightback.Some of the world’s largest manufacturers have stumbled in the past 12 months, with sales under pressure on various fronts, particularly i...
Tags: Business, Technology, Climate Change, Germany, Environment, World news, Greenhouse Gas Emissions, Ethical and green living, Ford, Travel and transport, Switzerland, Jaguar Land Rover, Automotive Industry, Geneva, Motoring, Self-driving Cars


Carlos Ghosn's lawyer apologises as workman disguise ploy backfires

Former Nissan chief widely mocked for leaving detention dressed as workmanA lawyer on Carlos Ghosn’s defence team has apologised for encouraging him to leave detention this week disguised as a workman, saying he feared he had damaged the former Nissan chair’s reputation.Not only did the widely mocked getup, intended to throw reporters off the scent, fool no one. It also heightened already intense media interest in Ghosn, who was released on bail on Wednesday. Continue reading...
Tags: Business, Japan, World news, Asia Pacific, Automotive Industry, Nissan, Renault, Ghosn, Carlos Ghosn


EPA: Automakers Too Reliant on Credits for Emissions Compliance

The Environmental Protection Agency released its annual assessment of new vehicles yesterday, and it was filled with good news. On average, fuel economy continues to improve. Cars are not getting heavier, horsepower keeps going up, and every major manufacturer managed was in compliance with greenhouse gas standards through the 2017 model year. However, the EPA […] The post EPA: Automakers Too Reliant on Credits for Emissions Compliance appeared first on The Truth About Cars.
Tags: Autos, Automotive Industry, Epa, Environmental Protection Agency, Emissions, Cafe, News Blog, Corporate Average Fuel Economy, Fuel Regulations, Fuel Credits


The 2019 Geneva Motor Show Is Basically a Middle School Dance

As we get older, whole sections of our lives are mentally distilled into a handful of standout moments, accompanied by the broad strokes of shared experiences. Among them is the middle school dance, which really isn’t so much a dance as it is an opportunity for people to stand around wishing everyone would couple up […] The post The 2019 Geneva Motor Show Is Basically a Middle School Dance appeared first on The Truth About Cars.
Tags: Auto Industry, Mergers, Autos, Automotive Industry, Geneva, Geneva Motor Show, Trade Shows, Industry News, Geneva Auto Show, Geneva International Motor Show, Alliances, News Blog, Auto Executives


White House to Automakers: Choose a Side in the Great Gas War

The Trump administration has long been at odds with California and a coalition of supportive states that hope to block the rollback of Obama-era fueling regulations the current Environmental Protection Agency deems “unsustainable.” The EPA also says it’s inconsistent with consumer behavior. But automakers have behaved somewhat erratically on the matter, forcing the president to […] The post White House to Automakers: Choose a Side in the Great Gas War appeared first on The Truth About Cars.
Tags: Obama, California, White House, Regulation, Gas, Autos, Automotive Industry, Epa, Donald Trump, Environmental Protection Agency, Emissions, Cafe, Fuel Economy, Trump, Carb, California Air Resources Board


Bugatti unveils world's most expensive new car – snapped up for £9.5m

La Voiture Noire – a one-off hypercar – is shown off at the Geneva Motor ShowBugatti, the French supercar manufacturer, has stepped up its efforts to capture the attention of those for whom money is no object by building the world’s most expensive new car.La Voiture Noire, a one-off hypercar unveiled at the Geneva Motor Show, has already been sold to an unnamed buyer for €11m (£9.5m). Continue reading...
Tags: Business, France, Switzerland, Automotive Industry, Bugatti, Geneva Motor Show, The super-rich, La Voiture Noire


Carlos Ghosn: former Nissan chairman released on bail in Tokyo

Ghosn was allowed to return to his residence while he awaits trial for financial misconductCarlos Ghosn has been freed from detention in Tokyo, almost four months after the former Nissan chairman was arrested for financial misconduct.Ghosn, whose prolonged custody has sparked international criticism of Japan’s “hostage justice”, was driven past hundreds of reporters, photographers and TV crews on Wednesday afternoon, a day after a court in Tokyo granted him bail. Continue reading...
Tags: Business, Japan, World news, Asia Pacific, Tokyo, Automotive Industry, Nissan, Ghosn, Carlos Ghosn


Mercedes Concept EQV delivers an all-electric luxe vision of van life

Mercedes-Benz revealed Tuesday the Concept EQV, an all-electric premium van designed to travel up to 249 miles on a single charge. Concepts often never become production vehicles. But this one will. The EQV, which was unveiled at the Geneva International Motor Show, will go into series production. The automaker plans to produce an electric van based off the EQV concept. The production version will debut at the Frankfurt International Motor Show later this year. This isn’t the typical “van life” ...
Tags: Transportation, Cars, Tech, Automotive, Automotive Industry, Mercedes Benz, Mercedes, Electric Cars, EQC, Mercedes EQ, EQA, Frankfurt International Motor Show, Mercedes Concept EQV


BMW may stop making Mini at Cowley if there is no-deal Brexit

Carmaker joined by Toyota in warning over threat to jobs if UK leaves EU without dealBMW has said it might be forced to stop making the Mini at its Cowley plant near Oxford in the event of a no-deal Brexit, putting more than 100 years of carmaking at the site at risk.The German automotive firm joined Toyota in warning that an uncontrolled exit from the EU would cost British workers their jobs, as the Geneva Motor Show kicked off with the UK automotive sector under an increasingly dark cloud. Con...
Tags: Business, Politics, UK, Eu, UK News, Oxford, Automotive Industry, Toyota, Bmw, Geneva Motor Show, Brexit, Cowley


Carlos Ghosn, former Nissan chairman, granted bail in Japan

Tokyo prosecutors expected to challenge decision to free businessman after charges he underreported his income Carlos Ghosn has been granted bail by a court in Japan, more than three months after the former Nissan chairman was arrested over allegations of financial misconduct.The Tokyo district court set bail at 1bn yen ($9m) after a request last week by Ghosn’s newly appointed legal team, Kyodo news agency reported. Continue reading...
Tags: Business, Japan, Tokyo, Automotive Industry, Nissan, Ghosn, Carlos Ghosn, Kyodo


The Cost of Future-proofing: German Auto Industry to Invest $68 Billion Into EVs, Mobility, Data Over Next Three Years

The German Association of the Automotive Industry, known in its native tongue as Verband der Automobilindustrie (VDA), says its members have formally committed themselves to investing 60 billion euros (roughly $68 billion USD) into electrification and vehicular autonomy over the next three years. The claim was made as part of a larger announcement serving as a […] The post The Cost of Future-proofing: German Auto Industry to Invest $68 Billion Into EVs, Mobility, Data Over Next Three Years appea...
Tags: Investments, Germany, Industry, Infrastructure, Electric Vehicles, Autos, Automotive Industry, EVs, Electrification, VDA, Verband der Automobilindustrie, German Association of the Automotive Industry


Subaru Prepares For Largest Recall Yet

Expanding by leaps and bounds in the new millennium, Subaru effectively quadrupled its share of the U.S. market in the process. However, most of its production growth occurred in the last decade — leading to quality control problems unbefitting for a company that prides itself in sharing the same love as its customers. Recalls are to […] The post Subaru Prepares For Largest Recall Yet appeared first on The Truth About Cars.
Tags: Repairs, Reliability, Recalls, Autos, Automotive Industry, Subaru, Subaru Impreza, Subaru Forester, News Blog, Safety Recalls, Automotive Recalls, Brake Light Switch


Tesla cuts car prices, shuts stores and shifts to online-only sales

Elon Musk says move means electric vehicle manufacturer can sell Model 3 for $35,000 Tesla is closing most of its stores in a cost-cutting measure, so it can lower the starting price of its Model 3 to $35,000 (£26,400).Elon Musk, the billionaire chief executive of the electric car and technology company, said a shift to selling online only was essential to make it financially viable to lower the current starting price of $42,900. Continue reading...
Tags: Business, Elon Musk, Technology, Tesla, US news, Automotive Industry, Motoring, Electric, Hybrid And Low-emission Cars


Tesla cuts car prices and shuts stores as it shifts to online-only sales

Elon Musk says move means electric vehicle manufacturer can sell Model 3 for $35,000 Tesla is closing all of its stores in a cost-cutting measure, so it can lower the starting price of its Model 3 to $35,000 (£26,400).Elon Musk, the billionaire chief executive of the electric car and technology company, said that a shift to selling online only was essential to make it financially viable to lower the current starting price of $42,900. Continue reading...
Tags: Business, Elon Musk, Technology, Tesla, US news, Automotive Industry, Electric, Hybrid And Low-emission Cars


UK car production falls for eighth month in row as China exports dive

Automotive industry is also being hit by EU diesel vehicle rules and Brexit uncertaintyBritish car production declined for the eighth month in a row in January as output bound for China plunged by more than 70%.The car industry is struggling with multiple headwinds, including falling demand in China, a regulatory backlash against diesel vehicles in Europe and continued uncertainty over Brexit, which has put the brakes on investment in the UK. Continue reading...
Tags: Europe, Business, UK, China, Eu, UK News, World news, Asia Pacific, Jaguar Land Rover, Automotive Industry, Manufacturing sector, Brexit, Chinese Economy


Report: VW to Invest $1.7 Billion Into Ford’s Autonomous Arm

It appears that a presumed rough patch in Ford and Volkswagen’s relationship is over, now that The Wall Street Journal is reporting on VW preparing a nearly $2-billion investment into the Blue Oval’s autonomous development unit, Argo AI. Earlier this month, claims arose that negotiations had reached an uncomfortable crossroad, with Volkswagen balking at Ford’s proposed […] The post Report: VW to Invest $1.7 Billion Into Ford’s Autonomous Arm appeared first on The Truth About Cars.
Tags: Deals, Vw, Ford, Autos, Automotive Industry, Autonomous Vehicles, Volkswagen, Wall Street Journal, Ford Motor Co, VW Group, Avs, Volkswagen AG, Blue Oval, News Blog, Argo AI, Automotive Alliances


Fiat Chrysler, JLR, Renault, Nissan, PSA Under Possible Antitrust Investigation

The European Commission is said to be investigating several automotive companies over possible antitrust violations relating to the sale of auto parts. According to Germany’s Der Spiegel, Renault, Nissan, PSA, Jaguar Land Rover and Fiat Chrysler Automobiles have all been placed under government scrutiny for possible price fixing. The report claims the manufacturers may have colluded to […] The post Fiat Chrysler, JLR, Renault, Nissan, PSA Under Possible Antitrust Investigation appeared first on ...
Tags: Europe, Germany, Eu, Psa, Investigations, European Commission, Autos, Fiat, Jaguar Land Rover, Automotive Industry, Nissan, Renault, Fiat Chrysler, Fiat Chrysler Automobiles, News Blog, Probes


Trump to EU: Expect Auto Tariffs Without Trade Deal

Earlier this week, the European Union warned that if the United States imposes any new tariffs on European-built vehicles, it can expect similar levies on American products. However, armed with the Commerce Department’s confidential report on automotive imports, President Donald Trump doesn’t appear remotely interested in backing down. While Trump previously agreed not to impose additional […] The post Trump to EU: Expect Auto Tariffs Without Trade Deal appeared first on The Truth About Cars.
Tags: Eu, European Union, United States, Tariffs, Trade, Autos, Automotive Industry, Donald Trump, Trump, Commerce Department, News Blog, Trade War Watch, Auto Tariffs, Automotive Trade