NEWS

Hyundai Aims to Overhaul U.S. Retailing Experience

10/10/2017

Hyundai Motor Co. is preparing to revamp the way it sells cars in the U.S. in hopes of making the process faster, simpler and more transparent for customers.

EU Weights Carbon Credits Rather than Sales Quotas for EVs

10/10/2017

The European Commission will present a proposal next month to promote electric cars through a credit trading scheme rather than direct EV sales quotas, sources tell Reuters.

Magna Joins Autonomous-Car Coalition

10/10/2017

Canadian mega-supplier Magna International Inc. has joined a consortium launched last year by BMW, Intel and Mobileye to commercialize a top-level autonomous driving system controller by 2021.

VW to Trim European Dealer, Distribution Networks

10/10/2017

Volkswagen AG has targeted a 10% gain in efficiency and profits for its 3,000-member dealer network in Europe over the next few years.

Panasonic Developing Self-Driving System

10/10/2017

Panasonic Corp., a relative latecomer to the market for autonomous driving technology, says its electronic self-driving system will be ready by 2022, Reuters reports.

China, India, Russia Will Lead Global Growth in Light Vehicle Sales

10/10/2017

China, India and Russia will drive an expansion of the global market for passenger vehicles to 2.1% this year, 2% in 2018 and 2.5% in 2019, LMC Automotive predicts.

BYD Expands California Electric-Bus Plant

10/10/2017

China’s BYD Co. Ltd. has completed the third phase of its Lancaster, Calif., manufacturing facility, which now has the capacity to build 1,500 electric buses per year.

Nvidia Touts Level 5 Supercomputer

10/10/2017

Nvidia Corp. says its new Drive PX Pegasus processing platform is the world’s first supercomputer with the capability to control a fully autonomous SAE Level 5 car.

Mazda Readies Two Concepts for Tokyo Auto Show

10/10/2017

Mazda Motor Corp. has released teaser images of two concept cars the company will unveil later this month at the Tokyo auto show.

GM Adds Product Development Team for Military Applications

10/10/2017

General Motors Co. has created a new unit to develop and market products for the aerospace and defense industries.