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  • Tesla Motors and Mobileye autopilot technology collaboration ends
    26 Jul 2016

    Amnon Shashua the Co-founder and CTO of Mobileye, announced that they would end their relationship with Tesla Motors at the end of the current EyeQ3's lifecycle.Mobileye will continue to provide technical support of its EyeQ3 processor for the California-based electric-vehicle maker, but won't develop more Autopilot-related products.Instead, Mobileye will direct more of its resources towards its partnership with BMW and Intel on further developing autonomous-driving features.Shashua didn't quite spell out the reasons for ending the relationship, but the strong hint was that Mobiley...

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  • Why is Cadillac ending its Donald Trump sponsorship?
    02 Jun 2016

    For six year Cadillac was the lead sponsor of the PGA's World Golf Championship, which has incited a response from Donald Trump, the presumptive Republican presidential nominee. But now the company has decided to move on and ended its sponsorship.  Now that PGA stays without Cadillac's money it made a decision to move the WGC to Mexico City. Mr. Trump had a statement as a response to this action, saying Cadillac was a great sponsor, but they're moving it to Mexico. They're moving it to Mexico and he doesn't understand what is going on to U.S.. Cadillac says it was...

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  • Nissan invests in Mitsubishi Motors $2.2 billion!
    12 May 2016

    In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid.   Looks like Nissan decided to save Mitsubis...

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  • U.S. threatens to prevent the easing of export controls on European cars!
    02 May 2016

    German media reported that U.S. threatens to prevent the easing of export controls on European cars, so they could force Europe on buying more agricultural products of U.S. It's been also said that U.S. has blocked a European call to replace private arbitration tribunals which are responsible for corporative lawsuits. Greenpeace is opposing the proposed Transatlantic Trade and Investment Partnership, mentioning that it would hand too much power to big business at the expense of consumers and national governments. TTIP could deliver $100 billion of economic gains on both...

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  • A partnership for self-driving cars between FCA and Google
    28 Apr 2016

    An agreement on the technology partnership for self-driving cars has been almost reached between Fiat Chrysler Automobiles and Google owner Alphabet. The talks between the two parts have been going on for several months, and they may finally agree the deal these days.The deal would start with Chrysler Pacifica minivans. Alphabet has ambitions as an auto supplier and is seeking to sell its self-driving car technology to automakers. General Motors Co. talked to Google about developing and testing self-driving cars, but they were unable to come to a deal because...

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