US regulators impose 105 million dlr fine on Fiat Chrysler

(Photo: Fiat Chrysler Automobiles )

Fiat Chrysler Automobiles (FCA) accepted a 105 million-dlr penalty for failing to meet US federal requirements to repair vehicles with safety defects. The US-Italian auto group will have to buy back some of the vehicles and will have to submit to “rigorous” federal oversight, the National Highway Traffic Safety Administration (NHTSA) said in a statement. […]

WTO members to lift tariffs on more than 200 IT products

IT products may become cheaper as tariffs are eliminated (Photo:Thorben Wengert / pixelio.de)

Fifty-four countries have agreed to eliminate tariffs on more than 200 IT products, freeing up¬†global trade flows worth more than 1.3 trillion dlrs a year. The agreement was reached under the auspices of the World Trade Organization (WTO). “Today’s agreement is a landmark,” WTO Director General Roberto Azevedo said in a press statement. The volume […]

Fiat Chrysler acts on hacking report, recalls 1.4 million cars

The 2014 Jeep Cherokee is among the vehicles getting a software update (Photo: Jeep)

Fiat Chrysler (FCA) recalled 1.4 million vehicles in the US following a report on the wired.com web site that two hackers had successfully manipulated the in-car systems of a Jeep Cherokee. FCA said the voluntary recall will update software, which “insulates connected vehicles from remote manipulation.” Wired reported earlier that the two computer experts had […]

Press reports: German carmakers close to securing Nokia HERE

Maps will be more important for autonomous cars (Phote: Nokia)

A consortium of German carmakers is close to reaching an agreement to buy Nokia’s digital mapping business, which is called HERE, for between 2.5 billion and 3.0 billion euros, according to various press reports. The agreement hinges on whether the carmakers, Daimler, Volkswagen Group and BMW, can acquire all of HERE or whether Nokia will […]

Sources: Adidas executive to become next Daimler CIO

Jan Brecht is set to succeed Michael Gorriz (Photo: Adidas)

A senior¬†Adidas executive, Jan Brecht, will succeed Michael Gorriz as CEO of Daimler, industry sources say. Brecht is currently in charge of IT and global supply chain at Adidas, a Germany-based maker of sporting goods. He is expected to assume his new position at Daimler in September. The new CIO already worked for the German […]

BMW tests hydrogen fuel-cell drive

BMW says its fuel-cell electric-drive technology results from a cooperation with Toyota (Photo: BMW)

BMW is testing a hydrogen fuel-cell electric drive vehicle, but isn’t making any predictions about a possible market launch. The German premium car maker, which showed journalists a 5 Series GT model with a fuel-cell powered electric motor, said the project is one result from the strategic collaboration it formed with Toyota in 2013. That […]

Continental develops electric drive for China

Continental expects strong EV demand in China in coming years (Photo: Continental)

Continental has developed an electric drive for China in anticipation of an electric-vehicle boom in the world’s largest car market. The German automotive supplier said it will introduce the compact, cost-effective, and high-performance system at the Frankfurt Auto Show in September. The drive, which will combine an electric motor, transmission and power electronics in a […]

Software problem triggers recall of 433,00 Ford vehicles in N. America

Common architectures have led to more cars being recalled (Photo: Ford)

Ford Motor is recalling about 433,000 vehicles in North America to address a software problem that could leave the cars’ engines running even after drivers turn¬†the initiation key to the off-position. The US carmaker said the recall resulted from “an issue with the body control module” of the ¬†the various models, which include the 2015 […]

Salesforce raises ambitions in Europe

CEO Marc Benioff is the key speaker at the World Tour sessions (Photo: Salesforce)

MUNICH – With 7,100 guests registered to attend the German part of its World Tour, Salesforce.com is sending a clear signal that it aims to grow its presence in Europe. The San Francisco-based business software group has been on a roll worldwide, with sales jumping 32 pc in 2014 to 5.37 billion dlrs.¬†Co-founder and CEO […]

At Ford, autonomous driving moves to next stage

Ford's autonomous vehicle project is moving to the next phase of development (Photo: Ford)

Ford Motor appointed a director of autonomous vehicle development and said it is moving ahead with its driverless-car project. The US automaker said 29-year Ford veteran Randy Visintainer will¬†lead a global team to work on the advanced program. Advanced engineering is the next step in bringing a feature to market. It follows the research phase. […]