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Automotive Business Review - News

Porsche buys 10% stake in electric car maker Rimac Automobili
21 Jun 2018 at 11:00pm
German sports car-maker Porsche has acquired a minority interest in Crotian electric car company Rimac Automobili and its subsidiary Greyp Bikes.
Hyundai and Audi join hands on fuel cell technology development
20 Jun 2018 at 11:00pm
Hyundai and Audi have formed a partnership to make joint efforts in the development of fuel cell electric vehicles (FCEVs) for leading the automotive industry to a more sustainable future.
German authorities arrest Audi CEO over diesel emissions scandal
18 Jun 2018 at 11:00pm
Audi CEO Rupert Stadler has been arrested in Germany in connection with a probe into the diesel emissions scandal.
ST Engineering, SafeRide partner to protect connected and autonomous vehicles...
18 Jun 2018 at 11:00pm
ST Engineering and SafeRide Technologies have formed a partnership to protect connected and autonomous vehicles from cyberattack.
rideOS partners with Ford?s subsidiary Autonomic
17 Jun 2018 at 11:00pm
rideOS has partnered with Autonomic, a subsidiary of Ford Smart Mobility, to address crucial challenges in the area of self-driving vehicle technology.
Volvo Cars invests in automotive sensor firm Luminar
17 Jun 2018 at 11:00pm
Volvo Cars Tech Fund, the tech fund launched by Volvo Cars earlier this year, has invested in Luminar, which is engaged in the development of advanced sensor technology for use in autonomous vehicles.
BMW China, Baidu partner on vehicle connectivity solutions
14 Jun 2018 at 11:00pm
BMW China and Baidu have partnered to develop the next generation Internet of Vehicles (IoV) solutions that connects vehicles with smart home devices.
Kia Motors exhibits autonomous, connected and eco/electric technologies at CE...
13 Jun 2018 at 11:00pm
South Korean automaker Kia Motors has showcased its Niro EV Concept at the CES Asia 2018 being held in Shanghai, China.
Toyota to invest $1bn in Southeast Asian ride-hailing services provider Grab
12 Jun 2018 at 11:00pm
Japanese automaker Toyota stated that it will invest $1bn (JPY110bn) in Southeast Asian ride-hailing services provider Grab.
Volvo Cars unveils new upgraded electrified performance offer
12 Jun 2018 at 11:00pm
Volvo Cars is launching a new upgraded electrified performance offer called Polestar Engineered, specifically developed for its new 60 Series T8 Twin Engine plug-in hybrid cars.
Genesis Motor America to launch 2019 G70 luxury sport sedan in US
11 Jun 2018 at 11:00pm
Genesis Motor America, a California-based luxury automotive brand, is set to launch its new luxury sport sedan 2019 Genesis G70 in the US.
Jaguar Land Rover to move Discovery production from UK to Slovakia
11 Jun 2018 at 11:00pm
Jaguar Land Rover (JLR) is all set to move the production of Land Rover Discovery from West Midlands to a plant in Slovakia, putting hundreds of jobs at risk.
Continental uses AI to identify pedestrian intention and gestures
10 Jun 2018 at 11:00pm
German automotive supplier Continental is planning to use Artificial Intelligence (AI) and neural networks to help identify pedestrian intention and gesture classification for precise assessment of the entire traffic situation.
Volkswagen to use Quantum computing to develop EV batteries
10 Jun 2018 at 11:00pm
German automaker Volkswagen is set to use quantum computing to simulate industrially relevant molecules for the development of batteries for electric vehicles.
Daimler Trucks & Buses opens new automated truck research & development cente...
7 Jun 2018 at 11:00pm
Daimler Trucks & Buses has established an automated truck research & development center in Portland, Oregon.
Volvo Cars sets new goal for autonomous driving cars
7 Jun 2018 at 11:00pm
Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars.
Audi Q8 to launch on European market in third quarter of 2018
5 Jun 2018 at 11:00pm
The Audi Q8 is scheduled to be launched on the European market in the third quarter of 2018.
Mercedes-Benz breaks ground on EUR1bn car plant in Hungary
5 Jun 2018 at 11:00pm
Daimler's Mercedes-Benz Cars has broken ground on its first Full-Flex Plant in Hungary.
Accuride completes mefro Wheels acquisition
4 Jun 2018 at 11:00pm
Automotive spare parts supplier Accuride has completed the acquisition of mefro Wheels, transforming the company into a $1.2bn global wheel end system supplier.
Groupe PSA suspends Iran JV activities over US sanctions risk
4 Jun 2018 at 11:00pm
French automaker Groupe PSA has suspended its joint venture (JV) activities in Iran with looming threat of sanctions from the US.

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