US Automotive News

Harrison Ford Said to Have Flown Over Commercial Plane – New York Times

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Posted: Wednesday, February 15, 2017

Ford says US and China need to work together on trade – CNNMoney

President Donald Trump has threatened to confront China on trade, but one of America’s corporate icons doesn’t expect things to get ugly. “I think it’s way too early to be talking about any trade tariffs or barriers,” said Ford China CEO David Schoch. “I believe that President Trump and President Xi [Jinping] will create an environment of good, strong commerce.” ‘; for (i = 0; i 4) { afterParagraphFour =…

Posted: Wednesday, February 15, 2017

Barra’s move to sell Opel signals a deeper change at GM – Reuters

General Motors Co (GM.N) Chief Executive Mary Barra’s decision to put the company’s European operations on the block marks a turning point for the automaker that once prided itself on being the No. 1 vehicle maker in the world. If Barra succeeds in concluding a deal with French automaker Peugeot SA (PEUP.PA) – and people familiar with the discussions cautioned on Tuesday that many details are yet to be settled…

Posted: Wednesday, February 15, 2017

Toyota Is Recalling All Of Its Hydrogen-Fueled Cars – Fortune

Toyota Motor ™ said on Wednesday it was recalling all of the roughly 2,800 zero-emission Mirai cars on the road due to problems with the output voltage generated by their fuel cell system. Toyota said that under unique driving conditions, such as if the accelerator pedal is depressed to the wide open throttle position after driving on a long descent while using cruise control, there was a possibility the output…

Posted: Wednesday, February 15, 2017

Why Ford Is Spending $200 Million on a Wind Tunnel – Fortune

Ford Motor (f) will start construction this year on a $200 million vehicle testing center for production and racing vehicles that will include a wind tunnel complex aimed at improving its cars’ fuel efficiencies. The new complex is a sign of how tightening emissions regulations and an increase in consumer demand for more fuel-efficient vehicles can dictate where automakers are investing their capital. The announcement follows lobbying by 18 major…

Posted: Wednesday, February 15, 2017

Ford Makes $1 Billion Bet On Artificial Intelligence Startup As Recruiting Tool – Forbes

By Sam Abuelsamid Over the past 4 years, Ford has made a concerted effort to move from also-ran status to vying for the lead in the race to produce automated vehicles. The latest move by the company is a 5-year, $1 billion investment in Pittsburgh-based Argo AI. The artificial intelligence startup will operate semi-independently while developing the virtual driver platform for the automated vehicles that Ford has promised to start producing…

Posted: Monday, February 13, 2017

GM: The Best Stock To Bet On Self-Driving – Seeking Alpha

By now, you’re tired of seeing news on how self-driving is about to arrive, and also how it may revolutionize car ownership and ride sharing. If you agree with those news, you’re probably thinking, “How can I profit?” and, “What’s the best stock for playing this?” This article will give you a possible answer, and this answer will be surprising. In my view, the best publicly-quoted stock to play the…

Posted: Monday, February 13, 2017

GM, Toyota set to push US regulators on easing self-driving restrictions – TechCrunch

Practical use of self-driving cars requires changes to existing regulatory frameworks – or at least that’s what GM and Toyota are prepared to tell U.S. lawmakers on Tuesday, at a panel convened to review the state of self-driving regulation and proposed guidance on their use and testing set out last year by the National Highway Traffic Safety Administration (NHTSA). GM and Toyota will testify that current regulatory conditions could negatively…

Posted: Monday, February 13, 2017

You’ll Be Surprised at the Size of Ford Motor Company’s War Chest – Fox Business

$27.5 billion. I’ll say that again: Twenty-seven point five billion dollars. That’s the cash Ford Motor Company (NYSE: F) had stashed as of December 31. That’s not all: On top of that huge hoard, Ford had another $10.8 billion in available-but-unused credit lines as of the same date, for a “total liquidity” of $38.3 billion. Continue Reading Below To be clear, that’s not some fluke number related to Ford’s…

Posted: Monday, February 13, 2017

Fiat Chrysler: 100%-200% Upside Despite The Recent Run-Up … – Seeking Alpha

Despite the recent rally in the share price, Fiat Chrysler Automobiles (NYSE:FCAU) still offers investors a very compelling opportunity with potential upside of 100%-200% within the next 2 years, while at the same time providing a limited downside due to cheap valuation that already bakes in a recession. Company presentation and current situation The company is misunderstood and has been neglected for years by financial analysts who saw in Fiat…

Posted: Monday, February 13, 2017

Alfa, Fiat dealers fight the factory – Automotive News (subscription) (blog)

More than 20 Fiat and Alfa Romeo dealers in California have filed protests against Fiat Chrysler after the automaker substantially rewrote their franchise agreements in December. Among those filing protests are the dealerships owned by the chairman of the FCA National Dealer Council. Not all of the protests are identical, but they do contain common themes. Primarily, dealers objected to changes: • In the facility requirements  • In the…

Posted: Monday, February 13, 2017

Ford CEO reveals a major fear about self-driving cars – Business Insider

Ford CEO Mark FieldsReuters Ford is moving full speed ahead with its self-driving cars.  The company aims to have its fully autonomous cars on the road in a commercial setting, such as a ride-sharing program, by 2021. Ford, though, isn’t the only company trying to bring self-driving cars to market during the next five years. There’s a number of automakers and tech companies developing autonomous vehicles working within the same timeline,…

Posted: Monday, February 13, 2017

Hyundai Motor hires former GM researcher to lead self-driving car center – Reuters

SEOUL Hyundai Motor Group (005380.KS) has hired a former General Motors (GM.N) researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating efforts on the fast-growing technology. Lee Jin-woo, 47, who has previously led autonomous driving technology development at General Motors (GM) for more than a decade, will head the newly established Intelligent Safety Technology Center – a combined research body…

Posted: Monday, February 13, 2017

Dodge gives slow rollout to its most demonic car yet – USA TODAY

The functional hood scoop on the Dodge Challenger SRT Demon is the largest of any production car(Photo: FCA US LLC, FCA US LLC) From the slow-motion rollout that Fiat Chrysler is giving its latest performance model, this much is clear: the new Dodge Challenger SRT Demon will be fast. Really fast. The company is releasing new videos leading up to the New York Auto Show in April, where Demon will make its…

Posted: Sunday, February 12, 2017

Ford to Invest $1 Billion in Artificial Intelligence Start-Up – New York Times

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Posted: Saturday, February 11, 2017

Dodge to use its parking tech to protect police from ambush attacks – CNBC

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Posted: Saturday, February 11, 2017

Fiat Toro pickup headed to US? FCA sends mixed signals – Automotive News (subscription) (blog)

FCA design boss says full autonomy will take unprecedented collaboration UPDATED: 2/9/17 1:15 pm ET – adds details CHICAGO — Is Fiat Chrysler Automobiles thinking about adding the Fiat Toro — a small lifestyle pickup on sale in Latin America — to its U.S. Fiat lineup? Ralph Gilles, global head of design for FCA, sent mixed signals on Thursday. Speaking at the Chicago Auto Show, Gilles showed an…

Posted: Friday, February 10, 2017

Tesla auto factory workers reach out to form union – MarketWatch

Tesla Inc. factory workers have contacted the United Auto Workers in an effort to form a union, according to a blog post at online publishing site Medium by a man claiming to be an employee. “Many of us have been talking about unionizing, and have reached out to the United Auto Workers for support. The company has begun to respond….

Posted: Friday, February 10, 2017

Dodge’s repurposed parking sensors let cops know if anyone is sneaking up on them – The Verge

Dodge is cleverly repurposing existing technology in its Dodge Charger Pursuit police cars to help cops stay safe. It’s called the Officer Protection Package, and it is designed to keep officers from being ambushed from behind when sitting in a parked squad car. When the feature is switched on, the car turns on the rear-facing ultrasonic parking sensors. If they are tripped by someone walking right behind the car, a…

Posted: Friday, February 10, 2017

Ford Tries to Regain Momentum in Oversize SUVs – Wall Street Journal

Ford Motor Co. is reigniting a turf war in a lucrative segment dominated by General Motors Co., giving the supersize Expedition and Lincoln Navigator lineup its first overhaul in nearly 15 years. Ford was once a force in the market for hulking SUVs, but slowed investing in the gas guzzlers as the car maker responded to environmental concerns by shifting to more efficient models. GM, meanwhile, cranked out consistent redesigns…

Posted: Wednesday, February 08, 2017