New Product

New Mid-Engine Vette Is Here!

July 19, 2019 at 1:31 AM

General Motors Co.’s all-new mid-engine Chevrolet Corvette, which was unveiled Thursday night in Los Angeles, features a cab-forward design and a host of advanced technologies.

Freudenberg Technology Innovation's 10-Year Vision

German materials expert Freudenberg SE helps find products and applications its divisions will need 10 years from now through its Freudenberg Technology Innovation unit.

Bringing Order to Chaos with Robot Guidance Systems

Sponsored - July 09, 2019 at 6:30 AM

SICK, Inc.’s system-solution approach provides you the answer to running a more efficient, cost-effective, and accurate production line. With multiple robot guidance systems, SICK has the solution to fit your business needs that can help you gain flexible material handling operations.

Mobility

Korea Will License Ride-Share Services, Drivers

The South Korean government plans to require that ride-share services obtain taxi licenses, and their drivers hold a taxi driver license.

Tech

Citroen Mulls Production Possibilities for Massive Concept Tires

PSA Group's Citroen unit may adopt oversized tires like those that adorned this year's 19_19 concept electric car on future production vehicles.

Powertrain

Report: BMW to Supply Engines to JLR

BMW AG is finalizing a deal to supply conventional piston engines to Jaguar Land Rover Ltd., sources tell Autocar.

People

Ride-Hailing Drivers Protest in San Francisco

San Francisco-based drivers for ride-hailing rivals Uber Technologies Inc. and Lyft Inc. are conducting a work stoppage today to protest pay rates and other contract terms. 

Mobility

Turo Lands $250 Million in New Funding

InterActiveCorp is investing $250 million in Turo Inc., a San Francisco-based peer-to-peer car-sharing company.

Business

Cummins Offers to Buy VW’s Big-Diesel Unit

U.S. diesel maker Cummins Inc. has offered to buy a unit of Volkswagen AG that makes huge diesels for ships and electrical generating stations, sources tell Reuters.

Business

Chery Teams Up with Quanergy on Lidar, Smart City Tech

China’s Chery Automobile Co. has selected Sunnyvale, Calif.-based Quanergy Systems Inc. to be its lidar partner for future autonomous vehicles.

Finance

Gentex Hikes Outlook as Sales Rise

Gentex Corp. reports that its second-quarter revenue rose 3% to $469 million—even though vehicle auto output fell 8% worldwide—because of a richer product mix.

Finance

Aston Martin’s Top Investor May Raise Stake

Italy’s Investindustrial, which owns 31% of Aston Martin Lagonda Ltd., has offered to raise its stake by another three points.

Finance

Autoliv Cuts Outlook as Profits Plummet

Swedish safety systems supplier Autoliv Inc. has slashed its outlook for 2019 after the company’s second-quarter net income plunged 43%.