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We’ve been waiting for something to change dramatically the automotive industry, just like the iPhone did to the mobile industry 10 years ago, and that one thing that could make it all different is the electrification of cars. The rise of Tesla and its rivals could be boosted by complementary services from Uber and Alphabet's Waymo unit, just as the iPhone rode the app economy and fast mobile internet to decimate mobile phone giants like Nokia. The culmination of these technologies — autonomous electric cars available on demand — could transform how people travel and...
While Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, California officials are meeting with the automaker’s officials to talk about its efforts with autonomous trucks. The correspondence and meeting show that Tesla is putting self-driving technology into the electric truck it has said it plans to unveil in September, and is advancing towards real-life tests, potentially moving it forward in a highly competitive area of commer...
Daimler’s management board just approved some measures to cut diesel pollution including an investment of 22o million euros to update more than 3 million Mercedes-Benz diesel cars in Europe. German regulators might have been the main reason why the company has taken these serious steps, since they have blamed it for causing respiratory disease. The plan extends a service action that began in March on compact cars and also included V-class vans. Germany’s Transport Ministry declined immediately to comment on the recall. Daimler executives last week were summoned to attend...
Daimler got accused of false advertising and the possible wrongful manipulation of exhaust gas treatment systems in diesel cars two months ago, on May 23 the searches got triggered by Stuttgart local court's search warrant, and according to that document more than 1 million cars with excessive emissions, including various luxury Mercedes-Benz models, were sold in Europe and the U.S. between 2008 and 2016, which researched the matter with regional broadcasters WDR and NDR. A Daimler spokesman declined to comment on the continuing investigation by local prosecutors, adding the carm...
We’ve been a bit worried about the car market after Ford Motor announced that it plans to cut 10 percent of its salaried workers. General Motors didn’t show better results, it reported a 4.7 percent sales drop on April, just like Fiat Chrysler who might get sued for using illegal software which violate the U.S. clean-air rules. We’ve been trying to understand the reasons for the slump, and here’s what we got: Demand has peaked. Last year, there was a record vehicle sales volume of 17.55 million. But the National Automobile Dealers Association forecasts ...
