Ford Motor plans to invest 1 billion dollars in artificial intelligence by acquiring a majority stake in Argo AI. The artificial intelligence startupÂ will continue to operate independently from Ford, but the carmaker said Argo AI will play an important role in the development of autonomous-driving technologies. “We believe that investing in Argo AI will create Read More..
Jeff Massimilla was named chief product cybersecurity officer of General Motors (GM) in 2014. His appointment, one of the first of its kind in the global auto industry, underscored the crucial importance of cyber safety for the coming generations of fully connected cars. Massimilla spoke to automotiveIT at the Detroit auto show in January. Excerpts: Read More..
(Bloomberg) –US automobile regulators want passenger cars and light trucks to wirelessly stream data about their movements and monitor other vehicles so they donâ€™t crash into each other. All new light-duty vehicles would be required within four years to be equipped with so-called vehicle-to-vehicle communication systems. The technology will work hand-in-hand with new automated safety Read More..
(Bloomberg) –The US Environmental Protection AgencyÂ moved to cement existing fuel-economy and emissions targets before President-elect Donald Trump takes office. The agency issued a proposal that automakers blasted as “eleventh-hour politics.” The auto industry is â€œwell positionedâ€ to meet the 2022-2025 standards, the EPA said in signaling its intention to keep those requirements intact months earlier Read More..
The US government has drafted guidelines forÂ the autonomous-vehicle revolution, providing more details on how it expects driverless cars toÂ be regulated. The paper, termed “Federal Automated Vehicles Policy,” provides regulatory guidelines for today’s automated vehicles, but acknowledges that the trend is only just beginning. “We do not intend to write the final word on highly automated Read More..
Ford Motor, setting an ambitious new-mobility target, wants to have autonomous vehicles on the road in a ride-sharing or ride-hailing service by 2021. The US carmaker said last week that it is investing in or collaborating with four startups to speed up autonomous-vehicle development. It also is expanding its Silicon Valley R&D operations for the Read More..
Uber is selling its Chinese operations to Didi Chuxing, boosting the localÂ company’s already dominant transportation-services presence in theÂ home market. In a statement,Â Didi Chuxing said it is acquiring all assets of Uber China, including its brand, business operations and data.Â Press reports put the transaction volume at around 35 billion dlrs. Uber wil receive 5.89 pc of Read More..
VerizonÂ has signed an agreement to buy Telogis, a location-based transportation software maker. The US telecommunications group said Telogis will enhance its telematics-based services offering for connected vehicles and other business areas. “Telogis brings a world-class software platform and new distribution relationships to Verizon Telematicsâ€™ already expansive suite of connected vehicle solutions for consumers and enterprise Read More..
Volkswagen Group said it had reached a settlement with US regulators, private plaintiffs and 44 US states on penalties to pay for manipulating the emissions of almost 500,000 diesel-powered cars it sold in the US in recent years. The agreement will cost the carmaker as much as 15 billion dlrs in compensation to Volkswagen car Read More..
Lamborghini has opened a new research facility in SeattleÂ that aims to find more applications for car fiber in the construction of its cars. The high-performance sports car brand, which is part of Germany’s Volkswagen Group, said the Advanced Composite Structures Laboratory (ACSL) is based in Seattle, because the location allows easy collaboration with airplane maker Read More..