NEWS

U.S. Traffic Fatality Rate Dips

8/22/2018

The number of motor vehicle deaths in the U.S. appears to have plateaued after rising at the fastest pace in 50 years in 2014-2016, according to the National Safety Council.

Bosch Buys Stake in U.K. Fuel Cell Developer

8/21/2018

Robert Bosch GmbH is spending £8 million ($10 million) to acquire a 4% stake a British developer of next-generation solid oxide fuel cells.

Poll: Most U.S. Consumer Favor Higher Fuel Economy Standards

8/21/2018

A new poll says the Trump administration’s plan to freeze fuel economy standards for passenger vehicles at 2020 levels is backed by only three in 10 car shoppers.

Apple Patents Self-Driving V2X Tech

8/21/2018

Apple Inc. has received a U.S. patent for a system that would alert surrounding motorists and pedestrians of the presence and planned maneuvers of a vehicle operating in self-driving mode.

Tesla Shares Jump on Morgan Stanley Speculation

8/21/2018

Shares in Tesla Inc. jumped on Tuesday amid speculation that Morgan Stanley may join Goldman Sachs Group in advising the company about going private.

Hyundai Kona EV Outdistances Competitors

8/21/2018

The all-electric version of Hyundai Motor Co.'s new Kona compact crossover vehicle can drive 258 miles per charge, according to U.S.Environmental Protection Agency ratings. 

Samsung Denies Rumors That It Will Buy a Carmaker

8/21/2018

Samsung Electronics Co. Ltd. denies a new wave of rumors that the South Korean company intends to buy an unnamed large car company.

Canada May Rejoin NAFTA Talks This Week

8/21/2018

Talks between Mexico and the U.S. about the North American Free Trade Agreement may be rejoined by Canada as soon at this week, a source tells Reuters.

GAC to Unveil New Flagship Model in Paris

8/21/2018

China’s Guangzhou Automobile Group Co. (GAC) will take the wraps off a new model at the Paris auto show in October.

Getaround Car-Sharing Startup Raises $300 Million

8/21/2018

San Francisco-based car-sharing startup Getaround Inc. says it raised about $300 million in a latest funding round led by Japan's SoftBank Group Corp.