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Report: 25% of U.S. Travel Could be in Driverless EVs by 2030
4/10/2017Shared electric cars that drive themselves are likely to handle at least 25% of all passenger vehicle travel in the U.S.—about 900 billion miles per year—by 2030, predicts the Boston Consulting Group.
Piech, Porsche Family Won’t Take Management Roles at VW
4/10/2017Members of the Piech and Porsche families that control Volkswagen AG are no longer allowed to take top management jobs at VW, clan leaders Wolfgang Porsche and Hans-Michel Piech tell the Frankfurter Allgemeine Zeitung.
Hyundai Readies China Debut of Genesis Luxury Brand
4/10/2017South Korea’s Hyundai Motor Co. tells Automotive News it plans to introduce its new Genesis luxury unit in China in about two years and is likely to set up a separate retail network there for the brand.
PSA to Debut Self-Parking System in DS Crossover
4/10/2017PSA Group says it will introduce a self-parking feature next year in its upcoming DS 7 Crossback crossover vehicle.
Schedule Announced for Tesla-Based EV Race Series
4/7/2017The newly formed Electric GT Championship race series will kick off its inaugural season November 25 at the Circuit Paul Ricard course in Le Castellet, France.
Ford to Introduce Ranger Pickup in China
4/7/2017Ford Motor Co. says it will being importing its Ranger midsize pickup truck to China next year in a bid to test general consumer demand for such vehicles.
GM Sales for March Jump to Record High in China
4/7/2017General Motors Co. delivered a record 345,500 vehicles in China last month, up 16% from the same period in 2015.
Print Parts on Saturday, Race on Sunday
4/7/2017The McLaren-Honda Formula One race team plans to use a Stratasys 3D printer at next week’s Bahrain Grand Prix to quickly modify and produce parts during practice sessions ahead of the race.
Ex-Saab Chiefs Cleared of Tax Evasion, Fraud Charges
4/7/2017Two former CEOs of Saab Automobile AB have been acquitted by a Swedish court of fraud and tax evasion related to their efforts to stave off the company’s bankruptcy in 2011, Reuters reports.
BMW Stretches 5 Series in China
4/7/2017BMW AG will introduce a long-wheelbase version of its 5 Series sedan in China later this year to cater to the market’s high-end chauffeured-vehicle segment.