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There’s no doubt that Daimler’s Smart car brand did not succeed in the US. Although it found some early success in Europe, Americans did not find the Smart car’s small dimensions particularly appealing. But Daimler, which is also the parent company of Mercedes-Benz, is not giving up on the Smart brand. Bloomberg reports the German automaker is currently holding talks to build Smart cars in China with its long-time Chinese partner Beijing Automotive Group. The intent is to begin selling electric cars to the world’s largest EV market. Smart has already made pla...
The used car market continues to show remarkable resilience with values of two-year-old ex-PCP cars in May 2018 retaining 61% of their value new, a figure unchanged from May last year. Used car search company Cazana said the May performance was one point lower than April, which was reasonable considering the increased numbers of these PCPs car returning to the used car market. Cazana added that diesel values were holding up well despite negative coverage and falling new diesel car sales. Diesel registrations fell for the 14th consecutive month, down 23.6% in May. In comparison to Ma...
A new company is planning on opening a closed-course testing facility for autonomous vehicles, we’re talking about The Toyota Research Institute. The 60-acre site, will open in October at the Michigan Technical Resource Park. It will be used to reproduce scenarios that are too risky to execute on public roads. A TRI spokesman declined to comment on the details of the agreement with the resource park, including the cost of the arrangement and the length of the lease. TRI plans to lease the track, and the land in the inner ring, from the Michigan Technical Resource Park, or MITRP...
The German police have arrested the head of powertrain development at Volkswagen's Porsche business, Joerg Kerner. The arrest was related to ongoing inquiries into emissions manipulation, a person familiar with the matter said. Police are holding him on remand. The police are holding him on remand because he is considered a flight risk. The arrest of Joerg Kerner was related to ongoing inquiries into emissions manipulation at Volkswagen, more than two years after the German carmaker admitted cheating on U.S. exhaust tests. Kerner was one of three current or former emplo...
Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing firm ousted its chief security officer and one of his deputies for their roles in keeping the hack under wraps, which included a $100,000 payment to the attackers. Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world, the company said Tuesday. The personal information of about 7 million drivers was accessed as ...
