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Study: Consumers More Aware—and More Leery—of Autonomous Cars
8/16/2018As consumers become more aware of self-driving car technologies they are less likely to want to buy or ride in a fully autonomous vehicle, according to a survey by Cox Automotive Inc.
Volvo Readies IPO at $30 Billion Valuation
8/16/2018Volvo Car Corp. is moving ahead with plans for an initial public offering later this year after investors indicated support for a company valuation of $30 billion, sources tell the Financial Times.
Hyundai Mobis Steers Toward Redundant Autonomy
8/16/2018South Korea’s Hyundai Mobis Co. is developing an electric power steering system with redundant controls to ensure safe operation is maintained in future self-driving vehicles.
Germany Cracks Down on Owners of Cheater Diesels
8/16/2018Germany’s motor vehicle authority, KBA, warns it may ban some owners of Volkswagen Group diesels from driving their vehicles if they fail to have the engine’s emission-cheating software fixed.
VW Brand Sales Slip in China
8/16/2018Volkswagen AG says its sales of VW brand vehicles in China declined 2% to 223,500 units in July compared with the same month last year.
Italy, Spain Developing Rules of Self-Driving Cars
8/16/2018Italy and Spain are beginning to create legal frameworks to govern the use of autonomous vehicles, says Automotive News Europe.
New U.S. Tariffs Could Cancel Korea Trade Pact
8/16/2018South Korea is likely to scrap the trade agreement worked out with the U.S. earlier this year if the Trump administration imposes new import taxes on all foreign-made cars, says Bloomberg News.
Mixed Results in Latest Minivan Crash Tests
8/16/2018A trio of 2018 model minivans earning widely varied performance ratings in a tough frontal crash test by the Insurance Institute for Highway Safety.
Switzerland Bans Certain Diesel Mercedes, Porsche Diesels
8/15/2018Swiss authorities have halted the sale of diesel-powered Mercedes-Benz Vito vans and Porsche Cayenne and Macan SUVs, claiming their engines were rigged to evade emission laws.
Hertz Adds Z06 ‘Vette to Rental Fleet
8/15/2018Rental car giant Hertz Corp. is revving up its 100th anniversary celebration by adding 100 Chevrolet Corvette Z06 sports cars to its fleet.