Autos

Volkswagen CEO Slams Tesla Over Production Numbers, Spending, and Firings – Fortune

“Social responsibility? Please.” Volkswagen CEO Matthias Müller slammed Tesla last week for its recent string of problems including slower than expected car production, employee firings, and big spending. Müller was responding to a comment from a moderator at a conference in Passau, Germany about how Tesla “fascinates customers with its electric cars,” according to the website the Daily Kanban. He replied by attacking Tesla. Here’s a translation from the Daily…

Posted: Tuesday, October 24, 2017

Fiat Chrysler earns $1.07B in record 3rd quarter – Detroit Free Press

x Embed x Share CLOSE TODAY’S TOP STORIES Teens charged with murder after overpass ‘prank’ | 0:36 Five teenagers from Michigan have been charged with second-degree murder after being accused of throwing a rock off an overpass that killed a man, according to the Genesee County Sheriff’s Office. USA TODAY x Embed x Share CLOSE TODAY’S TOP STORIES Carve a Halloween Trumpkin | 1:20 Impress your neighbors bigly! Use our…

Posted: Tuesday, October 24, 2017

The new BMW 5-Series is boring — but it’s also perfect – Business Insider

The BMW 530i.Hollis Johnson The BMW 5-Series is now in its seventh generation. The carmaker can’t make a bad car — but has it lost something in the thrills department? We spent a few day with a 530i to find out. BMW has had decades to set the bar, and it has gotten very good at that responsibility to the legacy of the 5-Series. It cannot disappoint, and it doesn’t….

Posted: Tuesday, October 24, 2017

The Bottom Line On Electric Cars: They’re Cheaper To Own – Forbes

The price of electric vehicles is coming down, but they still look expensive compared with many gasoline-powered cars. That comparison, though, is misleading. Once you figure in the cost of ownership, especially maintenance and fuel, electric vehicles are a bargain despite the up-front price tag. This year, the average electric car transaction price decreased by 11 percent from 2016. Some affordable models are the 220-mile range Tesla Model 3 for…

Posted: Tuesday, October 24, 2017

Volkswagen’s CEO Just Went Off on Tesla–and Taught a Major Lesson in How Not to Lead – Inc.com

Tesla CEO Elon Musk has millions of fans around the world, but it seems that Volkswagen CEO Matthias Müller isn’t one of them. Müller recently participated in a conference in Germany, the theme of which was “the future of the automobile industry.” At one point, Müller felt motivated to attack Tesla Motors, and his comments have sparked some heated discussion in Germany. Here’s an excerpt in English (you can find the original video–in…

Posted: Tuesday, October 24, 2017

Fiat Chrysler shares pop 3% after third-quarter earnings report – CNBC

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Posted: Tuesday, October 24, 2017

The Bottom Line On Electric Cars: They’re Cheaper To Own – Forbes

The price of electric vehicles is coming down, but they still look expensive compared with many gasoline-powered cars. That comparison, though, is misleading. Once you figure in the cost of ownership, especially maintenance and fuel, electric vehicles are a bargain despite the up-front price tag. This year, the average electric car transaction price decreased by 11 percent from 2016. Some affordable models are the 220-mile range Tesla Model 3 for…

Posted: Tuesday, October 24, 2017

By Publicly Insulting Elon Musk, Volkswagen’s CEO Revealed His Company’s Biggest Problem – Inc.com

Tesla CEO Elon Musk has millions of fans around the world, but it seems that Volkswagen CEO Matthias Müller isn’t one of them. Müller recently participated in a conference in Germany where he and others discussed the theme: The Future of the Automobile Industry. At one point, Müller felt motivated to attack Tesla Motors, and his comments have sparked some heated discussion here in Germany. Here’s an excerpt in English (you…

Posted: Tuesday, October 24, 2017

Singapore slaps limit on the number of cars on its roads – CNNMoney

It’s about to get even harder to buy a new car in Singapore. The Asian city-state says it won’t allow any increase in the number of cars on its roads as it seeks to cut traffic on its congested streets. Singapore is already an incredibly expensive place to own a car. Drivers need to buy a special certificate from the government — which can cost as much as 50,000 Singapore…

Posted: Tuesday, October 24, 2017

Volkswagen diesel-emissions fixes approved – MarketWatch

Volkswagen AG won approval from U.S. and California environmental regulators for fixes to more than 38,000 diesel-powered vehicles rigged to dupe emissions tests, avoiding the prospect of a more expensive undertaking to repurchase them from aggrieved consumers. The U.S. Environmental Protection Agency and California Air Resources Board approved the German auto giant’s plan for the repairs to Volkswagen, Audi and Porsche sport-utility vehicles with 3-liter engines that will address…

Posted: Tuesday, October 24, 2017

The Cheapest Cars And SUVs With Self-Driving Technology – Forbes – Forbes

Toyota The Toyota Corolla is the least expensive 2017 vehicle to come standard with self-driving technology, specifically adaptive cruise control and forward auto-braking with pedestrian detection. While Cadillac’s just-introduced Super Cruise system and Tesla’s Autopilot technology point the way to the totally autonomous vehicles of the future, even with these advanced systems, the driver still has to be ready to grab the steering wheel in case of an emergency. While we…

Posted: Tuesday, October 24, 2017

Subsidies help China sell the most electric cars – Financial Times – Financial Times

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Posted: Tuesday, October 24, 2017

Regulators Back Emissions Fix for Volkswagen SUVs in US – Bloomberg

Volkswagen AG’s proposed fix to emissions systems that had been rigged to pass pollution tests was approved for 38,000 SUVs with diesel V-6 engines, another milestone in the automaker’s effort to remedy more than half a million U.S. vehicles that skirted clean-air rules. Winning approval by U.S. and California regulators for the 3.0-liter modifications allows Volkswagen to avoid offering to buy-back the vehicles from owners and lessees under the terms of…

Posted: Monday, October 23, 2017

Price-Fixing Inquiry Moves From BMW to Daimler and Volkswagen – New York Times

The investigation into the possible collusion is one of several challenges facing Germany’s vehicle manufacturers as they grapple with the fallout from the diesel emissions scandal. Two years ago, Volkswagen admitted that it had used software to illegally evade diesel emissions in the United States, and studies by multiple European governments have since found that BMW, Daimler and Volkswagen took advantage of European Union loopholes to weaken a car’s emissions…

Posted: Monday, October 23, 2017

Electric Vehicles Poised to Go Mainstream – VOA News – Voice of America

The bumper sticker on the back of Scott Wilson’s car reads, “This is what the end of gasoline looks like.” And what does that car look like? A sleek, sci-fi experimental vehicle? A $100,000 Tesla luxury car? Nope. It’s just a Kia Soul EV, the battery-powered version of the Korean automaker’s boxy hatchback. Once the domain of concept cars and hobbyists, electric vehicles are no longer so exotic. And sales…

Posted: Monday, October 23, 2017

Car markers are revving up electric car production, but one analyst thinks consumers aren’t ready to hit the road – CNBC

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Posted: Monday, October 23, 2017

Tesla reaffirms effort to build cars in China; mum on deal report – Reuters

(Reuters) – Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers…

Posted: Monday, October 23, 2017

Crazed driver tries to steal fire truck after plowing into cars – New York Post

New video shows the moment a crazed driver tried to steal a fire truck after plowing his box truck into several cars near Times Square Sunday. Video of the scuffle shows the truck driver, who can be seen wearing a green T-shirt, frantically climbing in the driver’s-side door of a fire engine on 10th Avenue and 43rd Street. He braces himself on the door as he rocks back and forth…

Posted: Monday, October 23, 2017

Driverless Cars Made Me Nervous. Then I Tried One. – New York Times

Driverless cars tap deep into the human psyche. We want to be in control, or at least to give control to trained professionals, like doctors. We don’t want computers to be in charge. Researchers at Penn and the University of Chicago have conducted some clever experiments that capture this phenomenon. They asked participants to complete tasks (like predicting which business-school applicants would go on to successful careers) and compare their…

Posted: Monday, October 23, 2017

Why Disney Should Take The Lead On Self-Driving Cars – Forbes

I feel fairly confident that autonomous vehicles are coming eventually, and that the roadblocks critics cite are surmountable. But rather than showing up overnight as fully functioning options at the car dealership, autonomous vehicles will show up gradually as incremental growth of autonomy and flexibility. One of the first places that should go autonomous is pretty clear to me: Disney World. Buses are likely to be among the earliest applications of…

Posted: Monday, October 23, 2017