Autos

Volkswagen sells €1bn Spanish auto-backed securitisation – Financial Times

Volkswagen sells €1bn Spanish auto-backed securitisation

Posted: Wednesday, May 24, 2017

India’s electric vehicles push likely to benefit Chinese car makers – Reuters

NEW DELHI India’s ambitious plan to push electric vehicles at the expense of other technologies could benefit Chinese car makers seeking to enter the market, but is worrying established automakers in the country who have so far focused on making hybrid models. India’s most influential government think-tank unveiled a policy blueprint this month aimed at electrifying all vehicles in the country by 2032, in a move that is catching the…

Posted: Wednesday, May 24, 2017

US accuses Fiat Chrysler of trying to mask emissions in 100000 vehicles – Washington Post

The Justice Department filed a civil complaint Tuesday alleging that Fiat Chrysler Automobiles installed software designed to cheat emission controls in more than 100,000 diesel vehicles, including its popular Jeep Grand Cherokee sport-utility vehicle. The lawsuit states nearly 104,000 vehicles are “equipped with software functions that were not disclosed to regulators during the certification application process, and that the vehicles contain defeat devices,” the Justice Department said in the complaint,…

Posted: Wednesday, May 24, 2017

Here’s why Ford is panicking in self-driving cars: Alphabet is years ahead of everybody – CNBC

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Posted: Wednesday, May 24, 2017

Volkswagen’s Diesel Scandal Was 80 Years in the Making – The Atlantic

Herbie the Love Bug was dreamt up by Adolf Hitler. The iconic Volkswagen Beetle, as it came to be known, was originally marketed to the subjects of the Third Reich as the KdF-wagen, or “strength through joy”-car. Few Beetles were actually produced during the Nazi era, as the firm’s Wolfsburg factory put its resources mainly towards the war effort. But eventually, in occupied postwar West Germany, the brilliantly designed little…

Posted: Wednesday, May 24, 2017

Electric Cars Could Be Cheaper Than Internal Combustion by 2030 – MIT Technology Review

German chancellor Angela Merkel visits Accumotive’s plant in Kamenz, Germany. Battery production is booming, and Tesla is far from the only game in town. According to Bloomberg New Energy Finance, global battery production is forecast to more than double between now and 2021. The expansion is in turn driving prices down, good news both for the budding electric-car industry and for energy companies looking to build out grid-scale storage to…

Posted: Wednesday, May 24, 2017

US Sues Fiat Chrysler, Accusing It of Using Software to Pass Emissions Tests – New York Times

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Posted: Tuesday, May 23, 2017

US sues Fiat Chrysler, saying it used software to cheat on emissions tests – Los Angeles Times

The U.S. government is suing Fiat Chrysler Automobiles, alleging that some diesel pickups and Jeep SUVs cheat on emissions tests. The lawsuit filed Tuesday by the Justice Department claims that nearly 104,000 Ram pickups and Jeep Grand Cherokees from the 2014 to 2016 model years have software that enables them to emit lower amounts of pollutants during lab tests by the Environmental Protection Agency than during normal driving. The 3-liter…

Posted: Tuesday, May 23, 2017

Here’s why Ford is panicking in self-driving cars: Alphabet is years ahead of everybody – CNBC

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Posted: Tuesday, May 23, 2017

BREAKING: Justice Department to file civil suit against Fiat Chrysler over diesel emissions: Reuters – CNBC

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Posted: Tuesday, May 23, 2017

Chevrolet Bolt EV Review: At 200+ miles with juice to spare, this is the affordable electric car to beat – GeekWire

Chevrolet Bolt EV connected to a Level 2 charger at home For years I have been waiting for automakers to come out with an all-electric car that can travel over 200 miles on a charge and costs less than $40,000. While a handful of cars have met one of my two criteria, it was only this year that a car hit the market that checked both of those boxes. The…

Posted: Tuesday, May 23, 2017

Alphabet self-driving cars could be worth $70 billion, challenge Tesla after Lyft deal – MarketWatch

One of Alphabet’s “other bets,” a category that has yet to add much to Google’s parent company, could be worth $70 billion. Now that Waymo, Alphabet’s GOOG, +0.55% GOOGL, +0.53% …

Posted: Tuesday, May 23, 2017

City planners will study rules for car sales lots along entryway streets – Lincoln Journal Star

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Posted: Tuesday, May 23, 2017

Cars That Can Double In Price With Options – Forbes

Starting at around $21,000, choosing every option on a MINI Cooper boosts the price to around $42,000. (AP Photo/Jae C. Hong) Used to be a new-car buyer would sit across the desk from a salesperson and check off any number of boxes among a long list of options. Like a five-star restaurant, pretty much everything an automaker offered in terms of features and accessories used to be ala carte, but today…

Posted: Monday, May 22, 2017

Volkswagen is selling diesel cars — but not for long – USA TODAY

Volkswagen and Audi dealerships in Oakland, Calif.(Photo: JOHN G. MABANGLO, EPA) DETROIT — Two years after emissions tests cheating catapulted Volkswagen into a global crisis, the automaker is again selling cars with diesel engines in the U.S., but the German brand’s signature offerings won’t be around too much longer. Customers lined up to buy two-year-old Volkswagen diesel cars when the automaker unexpectedly resumed sales in April. Many VW customers may…

Posted: Monday, May 22, 2017

Germany must invest to keep up in electric cars: Merkel – Reuters

KAMENZ, Germany Germany and its auto industry must invest heavily to ensure it is not left behind by the shift to electric cars, Chancellor Angela Merkel said on Monday as she laid a foundation stone for a new battery factory for Daimler unit Accumotive. “We need long-term horizons and companies that invest in the future,” Merkel said at the site in the eastern German town of Kamenz. “It is important…

Posted: Monday, May 22, 2017

Independent tests reveal fix on cheating Volkswagen cars is costing you more in diesel – The Sun

TESTS have revealed the fix being applied to cheating Volkswagen diesels could be causing fuel economy figures to drop. An independent investigation on a 2003 VW Touran – fitted with the 1.6-litre diesel – found discrepancies between figures before and after the software update was completed by VW. Fuel economy dropped on VW Touran after diesel fix was completed, tests claim Economy fell from 50.72mpg to 47.61mpg, while CO2 emissions were…

Posted: Monday, May 22, 2017

Panasonic is making a massive bet on electric cars – here’s why the US CEO says it’s a ‘slam dunk’ investment – Business Insider

Panasonic focused on auto tech during CES in January, Thomson Reuters Panasonic, like many companies today, is betting big on auto tech becoming a massive cash cow in the next decade. New alliances are forming almost every day as companies without a traditional foothold in the automotive space try to get a slice of the pie. Google is working with Fiat Chrysler on self-driving cars while making next-generation display systems…

Posted: Monday, May 22, 2017

India Launches Massive Push for Clean Power, Lighting, and Cars – National Geographic

India is in a big hurry to green its energy system to create jobs, improve the quality of life for its citizens, clean the air and water and, yes, tackle climate change, its leaders say. Keep in mind this is a country with 1.3 billion people, nearly 300 million of whom do not have access to electricity and where the average income is $1,600 a year.

Posted: Monday, May 22, 2017

BMW’s Art Cars: A blend of art and speed – CBS News

Anthony Mason paints a picture of race car art: Unveiled at Art Basel in Miami in November, it was tearing up the track in Daytona in January: The BMW M6 painted by renowned artist John Baldessari is a high-performance racing machine. As BMW Motorsport’s director put it, “On the outside, it’s a piece of art. But on the inside it wants to go out today and wants to win.” It’s…

Posted: Monday, May 22, 2017