Groupe Renault has debuted what it claims to be the world’s first in autonomous obstacle avoidance that matches professional test drivers. Renault Open Innovation Lab, which is based in Silicon Valley, developed the new feature for ...
Tags: Autonomous Cars, Renault
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
UK-based Aston Martin has unveiled its super GT Vanquish S Ultimate with plans to launch the vehicle in very limited numbers. Like the regular Vanquish S, the Ultimate edition is powered by Aston Martin’s legendary ...
HERE Technologies and Mitsubishi Electric have unveiled plans to link their technologies for autonomous vehicles into an integrated offering for automakers. Under the preliminary deal, the companies intend to provide services to support ...
US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...
Tags: Volkswagen, Diesel SUV
Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...
Tags: Budweiser Beer
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle
Mazda Motor started production of the new CX-5 crossover at its Hofu Plant No. 2 in Yamaguchi Prefecture to meet the growing global demand for crossovers. Until now the CX-5 has been produced at the company’s Hiroshima Plant and at ...
Tags: Mazda Motor, CX-5 crossover
Japanese automaker Toyota will be showcasing its new Concept-i series at Tokyo Motor Show 2017, which will be held from 25 October through 5 November. The Concept-i series includes two vehicles, the Concept-i and Concept-i RIDE. These two ...
Tags: Toyota, Tokyo Motor Show 2017
The automotive lighting market is rising at a compound annual growth rate (CAGR) of 5.7%, from $25.7bn in 2016 to nearly $27.7bn in 2017 and $35.9bn in 2022, estimates market research firm Yole Développement in its report ...
Tags: Automotive LED lighting, LED
Market insiders noted that TSMC (Taiwan Semiconductor Manufacturing Co.), the world's largest semiconductor foundry headquartered in Taiwan, will see a strong revenue performance as the firm won massive orders from multinational ...
Tags: TSMC, semiconductor
Automaker Ford Motor is targeting $10bn in incremental material cost reductions and lower engineering costs by $4bn from planned levels over the next five years. Ford’s newly appointed CEO and president Jim Hackett noted that the ...
Tags: Ford Motor, Ford
Volvo Cars said it will build its next generation of the XC90 large premium SUV in its new manufacturing facility in Charleston, South Carolina, US, from 2021. The move takes the company's total investment in its US manufacturing ...
Tags: Volvo, Volvo Cars