Top News:
- Analysts: Apple’s innovation will pay off… eventually – CNBC: The IT hardware analyst said that as technologies for things like self-driving cars and virtual reality continue to improve, he believes Apple will thrive,…
- 2017 Ferrari F12 M – successor to F12 caught on video – Autocar: The spotted development cars have thick cladding
- Apple said to develop car operating system in BlackBerry country – Automotive News: Apple has dozens of software engineers in Canada building a car operating system, a rare move for a company that often houses research and development projects close to its Cupertino, Calif.
- GM to use IBM’s Watson AI software for new OnStar Go service – Automotive News: General Motors and International Business Machines Corp. plan to combine IBM’s artificial intelligence software Watson with the automaker’s OnStar system in order to market services to drivers in their vehicles.
- Seat Ibiza ST model axed – Autocar: Poor sales and the popularity of small SUVS make Seat pull the plug on its small estate
- Datsun redi-Go Sport production increased to meet scaling demand; first lot sold out – Ibtimes: “The Datsun redi-GO Sport version has generated more demand than anticipated and we are happy to announce that the initially planned 1,000 units…
- Tata Sons former boss says group could see $18 billion in writedowns: letter – Reuters: Group companies in the salt-to-software Tata Sons conglomerate faces potential writedowns to the tune of close to $18 billion due to investments in unprofitable businesses, according to an internal letter that ousted Chairman Cyrus Mistry sent to the company’s board.
- GM’s OnStar, IBM’s Watson combine to market brands to drivers – Automotive News: General Motors and International Business Machines Corp. plan to combine IBM’s artificial intelligence software Watson with the automaker’s OnStar system in order to market services to drivers in their vehicles.
- Hyundai net income falls 11th straight quarter as strikes cut production – Automotive News: Hyundai Motor Co. posted a drop in quarterly profit after labor strikes hurt domestic production and a stronger currency eroded repatriated earnings.
- Takata appoints new vice president of ‘Ethics and Compliance’ – Just-auto: Crisis-hit Takata Corporation has announced that its US subsidiary TK Holdings (TKH) has appointed Paul M. O’Brien as vice president of Ethics and Compliance.
- GM and IBM partner over OnStar Go mobility platform – Just-auto: General Motors and IBM on have announced a partnership to bringOnStar and IBM Watson together to create OnStar Go, the”auto industry’s first cognitive mobility platform”.
- China considers extending tax cut for small engine cars – govt of… – Reuters: China’s auto market has rebounded strongly since October last year when the … Experts and auto industry associations have predicted a steep drop in …
- Audi quits Le Mans and WEC for Formula E – Autocar: Audi confirms it will terminate its World Endurance Championship (WEC) programme at the end of 2016 to focus on a factory Formula E effort
- 2016 Volkswagen Up 1.0 TSI High Up review – Autocar: A new turbocharged three-pot injects some fun into VW’s slick city car and makes it a more rounded package The Volkswagen Up is a brilliant city car but until now it’s had some pretty weedy engine options.
- VW gets final approval of the 2.0L TDI settlement in the US – Just-auto: Volkswagen has got the final approval of the 2.0L TDI ‘dieselgate’ settlement in the US. Under the settlement, affected owners receive the pre-scandal trade-in value of their vehicle and an additional $5,000-$10,000 compensation.
- Denso-Sony sensors to detect pedestrians at night – Just-auto: Denso says its image sensors provided by Sony Semiconductor Solutions has helped it improve the performance of its in-vehicle vision sensors and can now detect pedestrians during night conditions.
- Audi quits Le Mans to focus on electric-car racing – Reuters: DE) Audi, grappling with costs of its emissions scandal, is cutting spending to fund a strategic shift to electric cars and autonomous driving, mirroring …
- You’ll Never Be Homeless in America, If You’re a Car – Bloomberg: So it might be surprising to hear that Americans are building plenty of housing-for their cars. Twenty-four percent of new homes completed in 2015…
- Ousted Tata Chief Says Group Faces $18 Billion in Writedowns – Bloomberg: … Ltd.’s passenger-vehicle operations, Tata Steel Ltd.’s European business, … From the flop of the world’s cheapest car — the Nano — to an ultra-mega…
- Falling pound hits French carmakers PSA and Renault – FT: PSA’s comments come just hours after Clotilde Delbos, the chief financial officer of rival French carmaker Renault, said on Tuesday evening that it had…
- Nissan cutting ‘keiretsu’ purchases to tap technologies of global parts giants – Nikkei: Nissan Motor is further reorganizing its supplier network to expand its businesses with global auto parts giants that are leading the pack in…
- What’s behind the 2017 Mini Countryman’s new look? – Autocar: The 2017 Mini Countryman has been revealed, but where did its design inspiration come from?
- 224mph Apollo Arrow to be co-developed by Scuderia Cameron Glickenhaus – Autocar: Apollo, the company formerly known as Gumpert, has partnered with SGP to build its 986bhp and 737lb ft model
- Apple developing car operating system in Canada with engineers hired from BlackBerry’s QNX team – Ibtimes: The autonomous software is one of the features of the car operating system Apple is working on that gives the company the flexibility to either partner…
- GM to take $400m Brexit hit in H2 – Just-auto: It is emerging that General Motors’ European operations are being hard hit on the bottom line by the adverse economic consequences of the UK’s decision to leave the EU. The sizeable headwindswill make it difficult for GM to reach breakeven in Europe this year, something it said it was on track to do at the end of the first half.
- PSA records Q3 revenue down 5% to EUR11.4bn – Just-auto: PSA has recorded Group Q3 revenue down 5% to EUR11.4bn, while the first nine months saw revenue fall to EUR39.2bn, compared with EUR40.1bn last year.
- Mercedes-Benz X-Class pickup concept unveiled; to enter production in 2017 – Ibtimes: The X-class is based on the ladder-frame platform that also underpins the Nissan Navara and Renault Alaskan. The X-Class has been developed from…
- Hyundai Profit Falls Again; Sales Target in Doubt – WSJ: Hyundai Motor on Wednesday posted its 11th straight year-over-year decline in quarterly profit and cast doubt on this year’s sales target amid weakening demand in its largest markets.
- “EVness” and Korean partners to make Bolt a game changer: officials – Yonhap: … The unique driving experience of the Chevrolet Bolt EV will change the way South Korean consumers approach and enjoy electric vehicles, while its…
- Hyundai Motor’s Profit Tumbles to a Record Low – Fortune: Hyundai Motor’s quarterly net profit skidded to its lowest level in more than four years on a protracted strike at home and weakness in emerging…
- China issues roadmap for rapid development of self-driving cars – Reuters: China issues roadmap for rapid development of self-driving cars … The roadmap forges a consensus within China’s auto industry so that the country …