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Self-Driving Cars Could Cut U.S. Insurance Premiums 40%
9/12/2016Auto insurance premiums in the U.S. may drop 20% by 2035 as autonomous vehicles become popular, predicts insurance broker Aon plc.
Tesla to Boost Radar Sensing for its Autopilot Feature
9/12/2016Tesla Motors Inc. says it will revise the way its Autopilot self-driving feature detects objects, adjusting it to analyze input from both radar and cameras rather than relying almost entirely on cameras alone, says CEO Elon Musk.
Ford Hopes to Soothe Analysts, Investors
9/12/2016Ford Motor Co. is holding an Investor Day meeting on Wednesday in hopes of easing worries about the company’s drooping sales and declining profit forecast.
Taiwan Electronics Industry Targets Rapid Growth
9/9/2016The production value of Taiwan’s automotive electronics industry could top 1 trillion New Taiwan dollars ($31 billion) by 2020, according to the Taiwan Electrical and Electronic Manufacturers’ Assn (TEEMA). This would be more than a sixfold jump over last year’s output of NT$156 billion ($4.8 billion), calculated by the country’s Industrial Economics and Knowledge Center.
BMW Board to Huddle over EV Strategy
9/9/2016BMW AG’s management board will meet at the end of the month in hopes of breaking an impasse about how quickly the company should pursue the electric car market, sources tell Reuters.
Lear Invests in Seat Heating Supplier
9/9/2016Lear Corp. says it has acquired a minority interest in Tempronics Inc. and exclusive rights to the Tuscon, Ariz.-based company’s thermoelectric heating and cooling technology for car seat applications.
GM Will Call Back 4.3 Million Vehicles for Airbag, Seatbelt Failures
9/9/2016General Motors Co. is preparing to reprogram or replace a flawed airbag sensing and diagnostic computer that could prevent a vehicle’s automatic seatbelt tensioners and frontal airbags from working in a crash.
VW Engineer Pleads Guilty in U.S. to Diesel Emission Cheating
9/9/2016A veteran Volkswagen engineer in the U.S. has been indicted and pleaded guilty to conspiracy to commit fraud for helping the company cheat on diesel emission tests, Bloomberg News reports.
Nissan Recalls 120,300 Vehicles for Fire Hazard
9/9/2016Nissan Motor Co. is preparing to call back 120,300 cars and crossover vehicles in the U.S. to repair an antilock brake system pump that could leak fluid and cause a fire.
Ford Patents Flexible Keyfob Touchscreen
9/9/2016Ford Motor Co. has received a patent for a multi-touch keyfob design similar to those used on smartphones, Autoblog.com reports.