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Apple Developing Smart Headlight Tech
9/7/2018Apple Inc. has filed an application with the U.S. Patent and Trademark Office for improved object detection and targeted headlight illumination.
Borgward Opens Silicon Valley Facility
9/7/2018Germany boutique carmaker Borgward Group AG has opened an American headquarters and research and development center in Sunnyvale, Calif.
Nissan Brand Shifts to Premium-Only Models in India
9/7/2018Nissan Motor Co. tells reporters it will build and sell only premium models under its Nissan brand in India.
Tesla CEO Musk Takes a Hit During Live Podcast
9/7/2018Today’s business world is abuzz about the latest episode of un-CEO-like behavior by Tesla Inc. CEO Elon Musk: sipping whiskey and taking a drag on a marijuana-laced cigarette during a live podcast.
Suzuki Moves Ahead with EV Plans in India
9/7/2018Suzuki Motor Corp will begin testing prototype electric cars in India next month as part of a previously announced plan to introduce EVs there by 2020 in conjunction with partner Toyota Motor Corp.
Artificial Intelligence Startup Raises $65 Million
9/7/2018ThinCI Inc., an El Dorado Hills, Calif.-based startup that specializes in artificial intelligence (AI) and vision processing technologies for self-driving cars, says it raised $65 million through a just-completed Series C funding round.
FCA Vows to Remain Independent, Confirms Manley as CEO
9/7/2018Fiat Chrysler Automobiles NV Chairman John Elkann reiterates to shareholders that the company intends to remain independent in the wake of CEO Sergio Marchionne’s death in July.
Hydrogen Consortium Adds 14 Members
9/7/2018The Hydrogen Council—a global coalition aimed at advancing and promoting hydrogen technologies, standards and policies—is adding 14 members.
Elliott Revives Restructuring Plan for Hyundai
9/7/2018U.S. activist investor Elliott Management Corp. is renewing its bid to force Hyundai Motor Group to simplify its circular ownership structure.
South Korea Vows Tougher Penalties for Tardy Recalls
9/7/2018South Korea proposes to increase its penalties against carmakers that hide defects or delay in fixing them.