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Nearly all U.S. vehicles will be equiped with automatic emergency braking systems by September 2022. Major automakers plan to announce they have agreed on this decision. Adding the technology could prevent thousands of crashes a year. The final agreement on this decision includes automakers representing more than 99 percent of U.S. light vehicle sales. Among those joining the deal are Toyota Motor Corp., General Motors, Ford Motor Co., Fiat Chrysler Automobiles, Honda Motor Co. and Volkswagen AG .Automatic emergency braking includes systems designed to prevent cra...
The French PSA Peugeot Citroen is now turning its attention to international growth, and North America is among the first markets being considered. Citroen sold its last car in the United States in 1974, and Peugeot did so in 1991, now they intend to be back.The company's Back in the Race restructuring program has been successfully completed and the next step they planned is to conquer the U.S.market. Citroen's fledgling upscale DS brand could lead the company's export efforts. The DS brand, launched in 2010 and sold in China and Europe, is to Citroen what ...
The biggest U.S. carmaker General Motors raised its 2016 earnings outlook on Jan. 13 Wednesday as it follows up a banner year of U.S. sales with major product launches and touted the benefits of hard-won efficiencies.General Motors has put together a respectable string of sales strategies: 28 consecutive months of growth in commercial vehicle sales to companies.As GM pulls back from less-profitable sales to rental agencies, the company has channeled much of those resources into the more-lucrative business of selling pickups, vans and Chevrolet Malibus and Equinoxes to contractors, landscapers ...
The Ford Motor company had created a new subsidiary Smart Mobility LLC devoted to advance transportation technologies and business models involving ride-sharing services, autonomous cars and vehicle connectivity. It will collaborate with other technology companies and startups to develop new products. Jim Hackett, former Steelcase vice chairman and CEO, will leave Ford's board of directors to become chairman of the new mobility-services subsidiary.It will be seeking technology partners in Silicon Valley and building on work already under way at Ford, according to a company news relea...
Subaru automaker decided to overhaul its engineering, design and technology strategies to keep the brand competitive on a global scale. The main two changes concern a new modular platform, Subaru says will improve safety and driving performance, and a new design language dubbed Dynamic X Solid to enliven the brand's image.Besides this, Subaru will roll out new automated-driving technologies beginning with a traffic-jam autopilot. This function will allow the vehicle to start and stop automatically in slow traffic and steer automatically around curves. Subaru's ...
