NEWS

More BMW Fires Reported in S. Korea

8/15/2018

Reports in South Korea of new fires involving BMW vehicles are raising questions about whether a current recall to fix the problem is broad enough, The Korea Herald reports.

Study: How States Should Update Traffic Laws for Autonomous Cars

8/15/2018

U.S. states should require that all automated cars have a licensed driver on board, suggests a study by the Governors Highway Safety Assn.

Uber Narrows Its Quarterly Losses

8/15/2018

Uber Technologies Inc. trimmed its second-quarter losses to $891 million from $1.1 billion in the same period in 2017.

Musk’s Challenges Mount Over Plan to Take Tesla Private

8/15/2018

Tesla Inc. CEO Elon Musk faces several legal and regulatory challenges as he continues to justify a tweet a week ago indicating he wanted to take the company private.

Audi Battles Back in China’s Luxury Brand Sales Race

8/15/2018

Last month Audi narrowly outsold rival Mercedes-Benz in China by 53,200 units to 52,600 as it races to retain its position as the market’s best-selling luxury car brand.

Polestar Tech Sends All-Wheel-Drive to the Rear

8/15/2018

Volvo Car Corp.’s Polestar performance unit has updated its Engineered Optimization Accessory software to give all-wheel-drive models a sportier rear-bias feel.

Bosch Invests in DeepMap Startup

8/15/2018

Robert Bosch GmbH has made an unspecified investment in DeepMap Inc., a Palo Alto, Calif.-based startup specializing in mapping technologies for autonomous vehicles.

Porsche, Nvidia Team Up on "Speed of Light" Design

8/15/2018

Porsche is working with chipmaker Nvidia and video game specialist Epic Games on a new design tool that could significantly speed vehicle development and improve real-time modeling capabilities.

Hella’s Annual Sales, Earnings Climb

8/15/2018

Lighting and electronics supplier Hella GmbH & Co. KGaA reports gains of 9% in currency-adjusted sales and 14% in net earnings for the fiscal year ended May 31.

GMC Readies Small Crossover

8/15/2018

Spy photographers caught General Motors Co.’s GMC unit testing a heavily camouflaged compact crossover vehicle in Arizona this week.