Car electronics

GM May Soon Have ‘Thousands’ Of Self-Driving Electric Bolts In A Lyft Test Fleet – Forbes

Saturday, February 18, 2017

A self-driving Chevrolet Bolt EV test car on display in Detroit on Dec. 15 (Jeff Kowalsky/Bloomberg) The pace of self-driving vehicle technology development keeps accelerating. Fast on the heels of Ford’s $1 billion investment in a startup tasked with perfecting artificial intelligence for its robotic autos, General Motors is said to be readying a massive fleet of automated electric cars for a test program with ride-hailing affiliate Lyft. Starting in 2018 GM intends to…

GM chief in talks with UK amid alarm over possible unit sale – CNBC

Saturday, February 18, 2017

Britain’s biggest trade union demanded Thursday that the government protect the local unit of General Motors from the impact of leaving the European Union as the company discusses a possible sale to French carmaker PSA Group. The comments from Len McCluskey, general secretary of Unite, came after a meeting with General Motors President Dan Ammann and Business Secretary Greg Clark. There are worries in Britainthat a takeover of GM’s loss-making…

GM Shares Could Drive 35% Higher – Barron’s

Saturday, February 18, 2017

The European Union is enjoying a lull between existential emergencies. The Stoxx Europe 600 has rallied 12% in six months, although it is still down from its level a decade ago. That could make now a prudent time to pare weak positions. General Motors (ticker: GM) seems to think so. This past week, it confirmed that it is in talks to…

Is Ford Cheap? – Seeking Alpha

Saturday, February 18, 2017

Ford (NYSE:F) is cheap at current price levels. The company has an immensely strong financial position and robust profitability which are not reflected by the stock price. A few tweaks in the business strategy can push it higher and I believe the management will likely want to take these steps in the next few quarters. First of all, the financial position and profitability analysis. Data sourced from the SEC filings…

Ford Is Wasting $1 Billion – Seeking Alpha

Saturday, February 18, 2017

Technological advancement in the auto industry is approaching a pace not seen since the early days of assembly line development. Electric cars and driverless vehicles are at the forefront of new innovations. Ford Motor Company (NYSE:F) is attempting to get ahead of peers by making a $1 billion investment in Argo AI over the course of five years. While it is vital to invest in future technologies, Ford is looking…

Why GM Is Sending Dozens of Electric Chevy Bolts to Los Angeles – Fortune

Friday, February 17, 2017

General Motors will introduce Los Angeles residents to its new 2017 Chevy Bolt EV by adding more than 100 of the all-electric vehicles to the fleets of its on-demand hourly rental service Maven and a weekly rental program it operates with Lyft. Under the Express Drive program, Maven offers Lyft drivers weekly rentals of GM vehicles in select cities, including Los Angeles. Loading the Maven and Express Drive fleets with…

Video Review: The Honda Civic Is Back as a Hatchback – New York Times

Friday, February 17, 2017

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GM’s talks to dump European unit sparks backlash – CNNMoney

Friday, February 17, 2017

General Motors may finally be prepared to jettison its struggling business in Europe. Just one problem: GM’s acknowledgment that it is considering a sale of its Opel and Vauxhall brands has set off a major political backlash in Europe that threatens to strangle any deal in its cradle. Politicians and union leaders in Germany, France and Britain have expressed worries that jobs will be lost of a result of GM’s…

2019 Ford Ranger Spied in the US! – Car and Driver

Friday, February 17, 2017

What It Is: A 2019 Ford Ranger test mule spied in action near Ford’s Dearborn headquarters. Despite wearing a black-and-white coating of wavy dots, the sheetmetal is very similar to that of the Ranger currently sold overseas. This is far from shocking, as we’ve long expected that when the Ranger returned to the United States it would be closely related to that vehicle. Yes, there is a small chance that…

Toyota calls back all the Mirais for software bug – CNET

Friday, February 17, 2017

Recalling a whole run of cars can get complicated and expensive, but Toyota‘s latest recall manages to do that without raising a massive ruckus. Toyota has called back every single Mirai hydrogen fuel cell vehicle sold around the world. That may seem like a ton, but bear in mind it’s a niche vehicle utilizing an infrastructure that isn’t fully fleshed out. Thus, only about 2,840 vehicles are affected. It should…

GM’s Opel, Peugeot lagging rivals in strong European market: ACEA – Reuters

Thursday, February 16, 2017

BERLIN General Motors (GM.N) and PSA Group (PEUP.PA) posted weaker European sales in January than any other major carmaker as they discuss a possible purchase of GM’s European auto operations by PSA. A combination between GM and PSA would create a manufacturer with about 16 percent of the European passenger car market, ahead of French rival Renault (RENA.PA) and behind Germany’s Volkswagen (VOWG_p.DE). New passenger car registrations at PSA, including…

The Dodge Challenger SRT Demon is ready for launch – CNET

Thursday, February 16, 2017

Dodge is taking us back to school. Its latest teaser for the Challenger SRT Demon is ready to give you a crash course in torque multiplication. We already know the Demon will be a monster on the drag strip, thanks in part to wide wheels and very sticky tires. That setup allows more torque to be delivered from tire to pavement, so Dodge changed some bits to send as much…

Kia Challenges Ford And Toyota And Electrifies Without A Battery… Say What? – Seeking Alpha

Thursday, February 16, 2017

You probably saw the Kia (OTC:KIMTF) Super Bowl ad for something called “Niro.” (here). It’s an all-new type of car, and there is something very special about it that Kia has not told you about – not in the Superbowl commercial, and not anywhere else for that matter. One of the great contradictions of various forms of electric cars is that they have had two batteries: One that helps with…

Honda CR-V’s excellence marred by balky controls – Detroit Free Press

Thursday, February 16, 2017

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John Lynch’s unconventional career path to 49ers GM job | The … – Monday Morning Quarterback

Thursday, February 16, 2017

Behind John Lynch’s desk in Santa Clara, there are a number of bottles of wine, each one wishing him luck in his new venture as the 49ers general manager. That he got them from agents is one surprise from his first three weeks on the job. “I’m telling you, I didn’t think agents were this nice,” he said over the phone on Wednesday afternoon, laughing before conceding, “They’re…

GM in talks to sell European auto business to Peugeot – Reuters

Tuesday, February 14, 2017

LONDON/FRANKFURT In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said on Tuesday they are in talks that could result in PSA buying GM’s European auto operations. For PSA, owner of the Peugeot, Citroen and DS brands, acquiring GM’s Opel and Vauxhall brands would give it a 16.3 percent share of the European passenger car market, vaulting it into second…

Mazda Recalls Nearly 174000 Compact Cars Over Faulty Seat Issues – CBS Local

Tuesday, February 14, 2017

DETROIT (CBSNewYork/AP) — Mazda is recalling about 174,000 small cars in the U.S. because the seats can change angles suddenly, making the vehicles hard to drive. The recall covers the Mazda 2 subcompact from the 2011 model year and the 2010 and 2011 Mazda 3 and Mazdaspeed 3 compacts. The company says the seat height adjustment links can break or detach from the seat frame, changing the seat angle and…

Early movers: HUM, AET, GM, PLKI, DISCA, GNRC, ITT & more – CNBC

Tuesday, February 14, 2017

Check out which companies are making headlines before the bell: Humana, Aetna — The two companies have ended their $34 billion merger agreement, after a court sided with Justice Department objections to the combination. Humana will receive a breakup fee of $1 billion, or about $630 million after taxes. General Motors — The automaker’s shares are jumping after France’s PSA Group confirmed it was in talks to buy European carmaker…

How Safe Is Ford Motor Company’s 4.8% Dividend? – Motley Fool

Tuesday, February 14, 2017

Investors of a certain age might remember Ford Motor Company (NYSE:F) as a rock-solid dividend stock. The Blue Oval paid shareholders a dividend every year from its IPO in 1956 until 2006, when then-CEO Alan Mulally cut spending as far as he dared in a last-ditch effort to save the deeply troubled automaker. That effort was a great success, of course. Ford is once again paying a strong dividend to…

Toyota crosses milestones with global hybrid sales – Seeking Alpha

Tuesday, February 14, 2017

Toyota (TM) announces today that it recorded more than 10M cumulative sales of hybrid vehicles (including plug-in hybrids) as of January 31. The latest milestone was achieved just nine months after total sales reached 9M units at the end of April 2016. Toyota crossed over 3M cumulative hybrid sales in North America at the end of 2016. “Hybrids remain an important part of our lineup of vehicles, with over 246,000…