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Hyundai Motor hires former GM researcher to lead self-driving car center

February 13, 2017 by · Leave a Comment 

Hyundai Motor Group has hired a former General Motors researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating efforts on the fast-growing technology. Lee Jin-woo, 47, who has previously led autonomous driving …

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Hyundai Motor hires former GM researcher to lead self-driving car center

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Auto CEOs want Trump to order review of 2025 fuel rules

February 13, 2017 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025. In a letter sent late Friday and viewed by Reuters, the chief executives of General Motors Co , Ford Motor Co, Fiat Chrysler Automobiles NV, along with the top North American executives at Toyota Motor Corp…

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Auto CEOs want Trump to order review of 2025 fuel rules

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Anbang in talks with Kushner for New York building overhaul: source

January 8, 2017 by · Leave a Comment 

China's Anbang Insurance Group is in talks to invest in a project to redevelop a flagship New York City building owned by Kushner Companies, the family real estate business run by U.S. President-elect Donald Trump's son-in-law Jared Kushner, according to …

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Anbang in talks with Kushner for New York building overhaul: source

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New policies coming to America could take weight off Fed: Powell

January 8, 2017 by · Leave a Comment 

By Jason Lange CHICAGO (Reuters) – A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America's mix of policies which in recent years have relied too much on the Federal Reserve, …

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New policies coming to America could take weight off Fed: Powell

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HMD Global launches first Nokia smartphone

January 8, 2017 by · Leave a Comment 

HMD Global, the Finnish company that owns the rights to use Nokia's brand on mobile phones, announced on Sunday its first smartphone, targeted for Chinese users with a price of 1,699 yuan ($246). The launch marks the first new smartphone carrying the iconic handset name since 2014 when Nokia Oyj chose to sell its entire handset unit to Microsoft . The new device, Nokia 6, runs on Google's Android platform and is manufactured by Foxconn

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HMD Global launches first Nokia smartphone

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Google shows improved self-driving system in Chrysler Pacifica

January 8, 2017 by · Leave a Comment 

By Alexandria Sage and Paul Lienert DETROIT (Reuters) – Google unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The announcement came from John Krafcik, head of Google's Waymo unit, whose search for partners to…

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Google shows improved self-driving system in Chrysler Pacifica

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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

November 11, 2016 by · Leave a Comment 

By Naomi Tajitsu and Maki Shiraki TOKYO/MARYSVILLE (Reuters) – Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market. Honda Motor Co , Japan's third-largest automaker, said it will begin producing from early …

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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

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Automakers recall 12 million U.S. vehicles over Takata air bags

May 28, 2016 by · Leave a Comment 

Eight automakers said on Friday they are recalling more than 12 million U.S. vehicles for defective Takata air bag inflators, widening the largest-ever auto safety effort to more passenger-side devices. Honda Motor Co is recalling 4.5 million U.S. vehicles while Fiat Chrysler Automobiles NV is recalling 4.3 million, according

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Automakers recall 12 million U.S. vehicles over Takata air bags

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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical

November 4, 2015 by · Leave a Comment 

TOKYO/WASHINGTON (Reuters) – Honda Motor Co said it was ditching air bag inflators made by Japan's Takata Corp , after the top U.S. auto safety regulator on Tuesday fined the supplier $70 million and ordered it to stop using…

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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical