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  • The road fatalities in US rise 10% this year
    07 Oct 2016

    This year is on it's 10th month already and we were trying to make some calculations already on how much did rise the traffic fatalities. Last year has marked the highest rise in traffic fatalities since 1996, and of course we were hoping that this year things are going to change for the best.  The National Highway Traffic Safety Administration has revealed the results, and once again they are too high. Road deaths in the US rose 10.4 percent in the first six months of 2016 compared to the same period in 2015. The data, which has not been finalized, reveals that an estimated...

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  • Lamborghini expects to at least double production to 7,000 vehicles a year by 2019
    24 Aug 2016

    Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali said the company plans to cap yearly production of its supercars at 3,500. He also expects SUV production will be at least as high but could be higher depending on demand.  The SUV, based on the Urus concept, will go on sale in 2018 starting at around $200,000 and will be built alongside the Huracan and Aventador supercars at the brand's ...

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  • U.S. auto sales will continue to rise?
    23 Aug 2016

    Global car sales have gained momentum this year, rising a stronger-than-expected 5% through July. While gains are expected to moderate through year-end, strengthening labour markets and improving financial conditions suggest that the upswing will continue in 2017.  There are still nearly 50 million vehicles on the road in the United States that were built prior to the new millennium, and as a result U.S. purchases are expected to continue to move higher for the remainder of the year and in 2017. Carlos Gomes, Senior Economist and Auto Industry Specialist at Scotiabank, said that the ...

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  • Uber acquires autonomous truck startup Otto
    23 Aug 2016

    A Silicon Valley startup called “Otto” has just been bought by Uber, with the goal of putting a fleet of the self-driving trucks on the nation’s highways in as little as two years. At 55 miles an hour, with no one behind the wheel, Otto has tested its technology on closed roads. For test runs on the busy freeway, a safety driver sits behind the wheel, just in case. "We're living in an on-demand era where we all want to press a button and have something arrive as fast as possible. Well, there's a truck behind all of those products." said Lior Ron, cofoun...

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  • US car sales reached a peak, while global car sales rise!
    23 Aug 2016

    Of course when we're talking about U.S. car sales we can say that even though they get higher, they have reached a peak, but speaking about the overall auto sales in the whole world we need to accentuate that it goes better than ever now. Global vehicle sales have risen 5% through July. This improvement reflects a modest acceleration among the G7, especially Western Europe, as well as rebound in purchases across emerging markets.   These gains are expected to moderate through the year-end, but specialists suggest us that this strengthening will continue through 2017 as well. Sale...

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