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If you want the growth of electric sales to happen, you need to provide customers with reliable public charging infrastructure. Today in the U.S. there are only 16,457 EV charging stations, with 44,999 outlets in operation, mostly on the coasts, but also including Tesla's network of Superchargers along major intercity corridors and other superfast charging stations. The presence and visibility of these stations should help build confidence among consumers thinking about buying battery EVs that they will be able to charge wherever they want. But once people live with an EV, they often ...
Cadillac and Audi might already tour their semiautonomous driving systems, but BMW is taking some more time before rolling out a high-speed self-driving system. BMW is spending the next couple of years working with suppliers and testing prototypes to ensure the automaker can introduce a system that can operate at high speeds in most highway driving situations, with the added benefit of being a backup operator in fully automated vehicles. BMW's system won't be available until 2021, which puts it several years behind competitors. BMW chose to wait until it could introduce a sy...
The second best month of 2017 for U.S. new-vehicle sales goes for October, thanks to the surging demand in states recovering from hurricane damage, though volume is projected to fall slightly from the same month last year. Forecasts call for a 2 to 4 percent decline in industry sales this month. They estimate the seasonally adjusted, annualized selling rate will be 17.6 million to 17.9 million. While that's a drop-off from September's rate of 18.6 million -- which was the sixth-highest ever -- it would be well above the industry's sales pace in the first half of the year...
Ford and Volkswagen have to face new problems, as a new coalition of environmental groups have launched a campaign to persuade automakers to live by their commitments for meeting emissions and fuel economy targets for the next decade. It accused the industry of colluding with the Trump administration to loosen the clean-car standards. The coalition initially plans to pressure Ford Motor Co. and Volkswagen Group of America to publicly support the fuel efficiency program, one of President Barack Obama's key initiatives for curbing greenhouse gases that contribute to climate change. It w...
General Motors might have cut more than 6,000 jobs this year, but it still might need to further shrink its manufacturing operations to address bloated inventories of some vehicles amid plateauing U.S. sales and pressure from Wall Street to avoid overproduction. The majority of GM's U.S. assembly plants, including some where a shift already has been eliminated, produce vehicles that on average have at least an 80-day supply, 33 percent more than what the industry generally considers healthy. GM has at least seven U.S. assembly plants that on average produced vehicles with greater than...