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Intel U.S. agreed to buy Israeli autonomous-driving technology company Mobileye with a value of $14.7 billion. The new technology could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp. and Qualcomm Inc. to develop driverless systems and components for global automakers. The acquisition of Mobileye could propel the world's largest computer chipmaker into the front ranks of automotive suppliers at a time when Intel has been downplaying its core semiconductor business. It also promises to escalate the arms race among the world's carmakers and supp...
Pickup trucks are those vehicles used primarily as work but not anymore. It could have happened until the 1950s when consumers used to buy pickups because they needed to use them in work, now they buy them because they love them. The pickup truck is now the top-selling vehicle in the United States. Domestically, the three top-selling vehicles for the month of January are all trucks. The Ford Motor Co. F-Series took the number one spot, with nearly 60,000 vehicles sold last month. Chevrolet Silverado from General Motors Co. (NYSE: GM) sold 35,553 vehicles and the Fiat Chrysler Automo...
After 3 years of vehicles ownership the most dependable carmakers seem to be Porsche and Lexus.The non-premium label is lead my Toyota. For the sixth year in a raw Lexus tops the list of the most dependable car brands of US. The streak puts Lexus halfway to tying its record of 12 consecutive titles for most dependable brand from 1997 to 2008. Toyota, Buick and Mercedes-Benz rounded out the top five brands overall. Mercedes, Hyundai (No. 6), BMW (No. 7) and Jaguar (No. 10) were newcomers to the Top 10 this year, while GMC, Acura, Ram and Lincoln dropped out. The industry averaged 156...
The latest study revealed by specialists reveals that policy would deliver the sharpest blow to Jaguar Land Rover while giving a leg up to Ford Motor Co. and Tesla Inc. It seems like most automakers would need to raise vehicle prices by thousands of dollars, which is more than $17,000 per vehicle in Jaguar Land Rover’s case, because it imports all its vehicles. Ford, with significant domestic manufacturing, would need to mull the smallest price hike among major automakers, at about $282 per vehicle, followed by General Motors at $995, according to the report. The estimates aim...
Analysts were expecting China to sell more than 60,000 green cars and hybrids but the truth is that only 44,874 new electric cars were sold by December. But let's be honest, even with these results they outsold more plug-in vehicles than US or Europe did. Overall China car sales share rose to a record of 1.45% above the USA (0.8%) and Europe (1.4%). Despite the “disappointing” plateauing in December, which is a bit like what happens when you expect that Usain Bolt will break the 0–100 meter world record every time he goes on the track, looking at the big pictur...
