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  • Toyota will take full control on Daihatsu small cars
    31 Jan 2016

    The world’s largest automaker Toyota would buy out the rest of minivehicle unit Daihatsu - an all-stock deal worth about $3 billion and part of its strategy to strengthen its push into compact cars for emerging markets.Toyota acquired a controlling interest of 51 percent in Daihatsu in 1988. But now it is raising its stake to 100 percent by a reciprocal share-swap agreement that will see Daihatsu's other shareholders take 0.27 shares in the larger company for each share in the smaller.This move will help to improve Daihatsu small cars by having a unified strategy in the sengment, alt...

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  • New Mexico brings Volkswagen to a lawsuit
    25 Jan 2016

    The state of New Mexico on Wednesday sued Volkswagen and subsidiaries Porsche and Audi for using software in their diesel vehicles to cheat U.S. emissions tests, calling the companies "shameless" and vowing to exact costly revenge. Attorney General Hector Balderas filed the lawsuit in state district court late last Tuesday. "It’s not lawful to profiteer and breach the trust of New Mexico consumers, and Volkswagen, Audi and Porsche will be held accountable for their deceptions," Balderas said. "Volkswagen preyed upon hardworking New Mexicans who want to prote...

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  • Honda Motor and General Motors plan to build a fuel cell plant
    18 Jan 2016

    The partnership is limited to manufacturing of fuel cells only; the companies will build their cars separately. The cost of developing advanced zero-emission powertrains for future vehicles is substantial, even for the world's largest carmakers. Especially in hydrogen fuel-cell research, the biggest auto companies are doubling and tripling up to share the costs.Each company will manufacture its own cars using their technology, however.Honda Motor will launch its Clarity mid-size sedan model for 2017; the first model will be powered by a hydrogen fuel cell, although later versions may inclu...

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  • Failures in self-driving cars
    14 Jan 2016

    It turns out that Google's self-driving cars still need some human help, according to a report filed this week to meet new regulations for the California DMV on autonomous vehicles. The companies developing these vehicles are putting in more test miles than ever before to improve software capabilites and safety levels. Disengagements, and the reasons behind them, are a critical part of the test process. Of the seven self-driving vehicles makers that filed disengagement reports, there were a total of 2,894 disengagements logged during the period. The most disengagements occurred with G...

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  • Obama will talk about the self-driving cars in his State of the Union speech
    12 Jan 2016

    U.S. President Barack Obama will talk about the prospects for self-driving cars in his final State of the Union Address.According to government officials, for the first time the president has used the annual speech to tackle an important issue facing the auto and technology industries.Obama is also expected to attend the Detroit Auto Show next Wednesday, Jan 20. Transportation Secretary Anthony Foxx will be in Detroit to talk about administration efforts to speed the introduction of self-driving vehicles.Foxx is expected to talk about efforts by the Obama administration to speed up the in...

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