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Ford CEO reveals a major fear about self-driving cars – Business Insider

Monday, February 13, 2017

Ford CEO Mark FieldsReuters Ford is moving full speed ahead with its self-driving cars.  The company aims to have its fully autonomous cars on the road in a commercial setting, such as a ride-sharing program, by 2021. Ford, though, isn’t the only company trying to bring self-driving cars to market during the next five years. There’s a number of automakers and tech companies developing autonomous vehicles working within the same timeline,…

Cars Damaged By ‘Suspicious’ Fire At Lawrence Dealership – CBS Local

Monday, February 13, 2017

LAWRENCE (CBS) — Five vehicles were damaged by fire Sunday night at the Commonwealth Motors dealership in Lawrence. Lawrence Fire responded to the initial call around 7 p.m. on Marston Street. Officials said a fire that started in one vehicle spread to four others. The cars belonged to owners who had left the vehicles at the dealership for repairs. Authorities said this is a suspicious fire and is under investigation…

Auto CEOs want Trump to order review of 2025 fuel rules – Reuters

Sunday, February 12, 2017

WASHINGTON 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 (GM.N), Ford Motor Co, Fiat Chrysler Automobiles NV, along with the top North American executives at Toyota Motor Corp (7203.T),…

Big energy hugely underestimates electric cars, renewable power – Green Car Reports

Sunday, February 12, 2017

2016 BMW i3 Enlarge Photo Mass adoption of electric cars and renewable energy could significantly decrease global consumption of fossil fuels. But does the established energy industry view these new developments as a threat? In a recent report, ExxonMobil said coal could continue to provide the majority of the world’s electricity-generation capacity in 2040, and that electric cars would only make up around 10 percent of the U.S. new-car market…

Sadiq Khan: government must pay drivers £3500 to scrap diesel cars – The Guardian

Sunday, February 12, 2017

London’s air is so polluted that motorists should be given up to £3,500 to persuade them to scrap their old diesel cars and vans and replace them with cleaner vehicles, according to the capital’s mayor, Sadiq Khan. The nitrogen dioxide emitted by diesel cars is a key contributor to London’s poor air quality, which is so bad that City Hall now advises the public to avoid going out unnecessarily on…

US News: These cars are the best bang for the buck – Business Insider

Sunday, February 12, 2017

2018 Ford F-150.Ford Everyone is looking for a great deal when stepping into the shiny halls of a car dealership. But getting a car that is a great value extends past the price you pay at the showroom. You have to consider the quality of the car, how much you’ll pay, and how much it costs to operate the vehicle in the long run. This is exactly what US News…

Things to drive at the 2017 Chicago Auto Show – Chicago Tribune

Saturday, February 11, 2017

With an estimated 1,000 new vehicles spread out over 1.1 million square feet at the 2017 Chicago Auto Show, there may be temptation to drive one or a hundred of them. The doors of show floor models may be opened to get a feel behind the wheel, but most of the driving will be reserved for another time at dealer lots. There are a handful of riding and driving experiences,…

Auto Market Profitability Could Drop In 2017 – Forbes

Friday, February 10, 2017

Ford Motor Company (NYSE: F) and other auto makers could see their profits drop in 2017 as a glut of used cars appear on the market. According to JD Power, the number of cars whose leases expired in 2016 increased by 33% compared to the number in 2015, and that figure is further expected to increase to 3.36 million in 2017. This is close to 20% of the overall vehicles…

Self-Driving Cars Could Ease Our Commutes, But That’ll Take A While – NPR

Friday, February 10, 2017

Pilot models of self-driving cars for Uber are displayed in Pittsburgh. Autonomous vehicles are expected to cut traffic jams, but not before enough human drivers are off the road. AFP/AFP/Getty Images hide caption toggle caption AFP/AFP/Getty Images Pilot models of self-driving cars for Uber are displayed in Pittsburgh. Autonomous vehicles are expected to cut traffic jams, but not before enough human drivers are off the road. AFP/AFP/Getty Images The promise…

Three trends kick into gear at the 2017 Chicago Auto Show – Chicago Sun-Times

Friday, February 10, 2017

It’s go time. The 2017 Chicago Auto Show revs up at Chicago’s McCormick Place February 11 – 20, with more than one million square feet of exhibit space featuring prototypes, hot sellers and interactive displays from today’s leading automakers. It’s the largest version of the show since it debuted in 1901 — and the most progressive. Of the more than 1,000 vehicles on display, attendees can expect to see some prominent trends…

Japan’s love of tiny cars sore spot as Trump, Abe meet – Reuters

Friday, February 10, 2017

TOKYO/DETROIT When Japanese Prime Minister Shinzo Abe meets on Friday with U.S. President Donald Trump, Japan’s bulging automotive trade surplus will be a sore spot, but the path to balancing auto exports and imports will be no easier than it was in the 1980s. Trump may press Abe to do more to level the trade imbalance with Japan during a White House visit or a round of golf, but the…

Audi talks e-tron quattro and takes a swipe at Tesla, says will be ‘the first real premium electric SUV’ – Electrek

Friday, February 10, 2017

Audi’s e-tron quattro SUV could become next year the first in a series of premium all-electric vehicles to come to market. Porsche, Mercedes-Benz, Jaguar, and other premium automakers are all planning EVs for the end of the decade, but the way the vehicles program are set up, Audi is apparently ahead of the pack with its 2018 release. But of course, Tesla is already well-established in the premium electric vehicle segment…

Staking a claim in the auto industry’s evolving technology – The Mercury News

Friday, February 10, 2017

SAN JOSE — Dan Smith says his firm, Capstone Financial Group, is on a mission to bolster efforts by Silicon Valley companies to make acquisitions and other deals that nurture the emerging automotive industry, which is fueled by cutting-edge technologies and green energy. Capstone has opened a new office in San Jose, and this newspaper recently met with Smith to talk about how his company, founded in 1989 as an investment…

Self-Driving Cars Could Ease Our Commutes, But That’ll Take A While – NPR

Friday, February 10, 2017

Pilot models of self-driving cars for Uber are displayed in Pittsburgh. Autonomous vehicles are expected to cut traffic jams, but not before enough human drivers are off the road. AFP/AFP/Getty Images hide caption toggle caption AFP/AFP/Getty Images Pilot models of self-driving cars for Uber are displayed in Pittsburgh. Autonomous vehicles are expected to cut traffic jams, but not before enough human drivers are off the road. AFP/AFP/Getty Images The promise…

Inside the Bugatti factory: an exclusive look at the making of the $2.6 million Chiron – The Verge

Thursday, February 09, 2017

The Bugatti Chiron is not only very, very expensive, it is, without doubt, one of the fastest production supercars in the world. Bugatti has a long history in lustrous, elegant design, dating back to founder Ettore Bugatti, who designed racecars at the turn of the century. The $2.6 million supercar was first introduced at the Geneva Motor Show last year. It has entered into production and will soon be delivered…

Here’s what happens when you order a Bugatti Chiron – CNET

Wednesday, February 08, 2017

Let’s say you’ve got a cool million or two burning a hole in your pocket, and you want to order Bugatti’s latest hypercar, the Chiron. The process is a bit more involved than just one-click ordering on Amazon or driving into a dealership and grabbing one off the lot. Let’s walk you through what happens. Any color you like The first step is customization. You, the customer, team up with…

Honda’s Success In 2016 Defied Common Wisdom About Auto Markets – Forbes

Wednesday, February 08, 2017

Honda Motor Co. (NYSE: HMC) saw its market share increase in the U.S. auto market in 2016 as its sales grew by 4.8% compared to the overall market, which only grew by 0.3%. Overall, consolidated Honda vehicle sales, including sales of its premium brand Acura, increased by 3.5% as Acura’s sales declined by close to 11% in 2016. In many ways, the company’s 2016 performance defies the received wisdom about…

Gov. Robert Bentley calls for removal of sales tax on groceries – AL.com

Wednesday, February 08, 2017

Gov. Robert Bentley advocated expansion of prekindergarten and his plan to overhaul the state’s prison system during his State of the State address tonight. The governor stressed the need to address entrenched poverty and said he would create a task force to study removal of the sales tax on groceries. Bentley, who had opposed Donald Trump during the presidential campaign, praised the Trump administration, including Trump’s stance on immigration, and vowed…

Here’s what happens when you order a Bugatti Chiron – CNET

Tuesday, February 07, 2017

Let’s say you’ve got a cool million or two burning a hole in your pocket, and you want to order Bugatti’s latest hypercar, the Chiron. The process is a bit more involved than just one-click ordering on Amazon or driving into a dealership and grabbing one off the lot. Let’s walk you through what happens. Any color you like The first step is customization. You, the customer, team up with…