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  • Toyota at a step from bankruptcy?
    04 Aug 2016

    Toyota Motor corp. revealed that its car sales have suffered a powerful delay this month, by falling down to 15%. Its net income in the last three months has dropped to 552.47 yen. Though the yen has straightened about 11% against the dollar compared to the last year, and because of that the company has lost in exports, by becoming less competitive and cutting the value of repatriated earnings.  Toyota's managing officer said that the things are changing every day, by these words he meant the big foreign exchange rate swings. The company has lost an output of about 80,000 cars du...

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  • Tesla Motors and Mobileye autopilot technology collaboration ends
    26 Jul 2016

    Amnon Shashua the Co-founder and CTO of Mobileye, announced that they would end their relationship with Tesla Motors at the end of the current EyeQ3's lifecycle.Mobileye will continue to provide technical support of its EyeQ3 processor for the California-based electric-vehicle maker, but won't develop more Autopilot-related products.Instead, Mobileye will direct more of its resources towards its partnership with BMW and Intel on further developing autonomous-driving features.Shashua didn't quite spell out the reasons for ending the relationship, but the strong hint was that Mobiley...

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  • The main reasons green car' sales don't work for U.S.
    19 Jul 2016

    By asking the electrified car owners why they consider they have made a good choice by buying a green car, you will hear many reasons which will justify it. Most of the owners are pretty convinced their plug-in hybrid have all of the positive attributes they were going for. In 2015 the U.S. Purchased 17.39 million passenger cars and light trucks, 43,143 of them were plug-in hybrids, or 0.25%, and 71,105 were battery electric, which is 0.41%. Plug-in market share in June 2016 wasn't really better than two years ago, but it doesn't change the fact that people never regret buying a hybrid...

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  • U.S. car sales fall in 2016, and expected to rise again by 2017!
    12 Jul 2016

    For the first time in seven years, U.S. sales of cars and light trucks in 2016 will fall. Many specialist estimations have shown that a car sales plateu is awaited and a growing economy and political risk. A report released on Tuesday revealed an outlook of 17.4 million vehicles from 17.7 million.  The new estimation is 40,000 fewer than last year’s record, each annual projections have been reduced for the each next year through 2023. The conditions are still not negative, which means good numbers are still being predicted but it couldn’t be denied that is doesn...

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  • June's lagging green-car sales have decreased a little more
    10 Jul 2016

    Probably all of us were convinced that the US plug-in vehicle sales increase every week, but this is not what actually happens. When Tesla Motor released its second-quarter deliveries, it turned out that the sale expectations were not fulfilled. Tesla considers that the huge truck sales spoil the statistics.  A week ago Tesla Motors announced that it delivered 14370 cars for the quarter. Among them there are 9,745 Model S sedans and 4,625 Model X SUVs. It was revealed that this delivery rate was the California-based automaker's lowest since the third quarter of 2014. It turned ou...

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