Here is the latest Auto News from Forbes Magazine.
First China-Made Acura Launched On The Market
The Acura CDX has been launched on the Chinese car market. It is the first Acura that is manufactured in China. It is also the first Acura that was developed especially for the Chinese consumer. There are no plans for export or for production elsewhere.
After Musk Lays Out Soaring Vision, Wider Loss Pulls Tesla Back With A Thud
Continued pace of heavy capital investments for vehicle and battery production increases weigh down quarterly results
Software Is The Last Obstacle To Fully Autonomous Vehicles, Elon Musk Says
All the hardware exists to build fully autonomous vehicles, Tesla Motors CEO Elon Musk said Wednesday, but developers need more precise maps and the artificial intelligence to process them in a computer small enough to fit in a car.
Daimler Increases Bet In High-End Ride-Sharing Service Blacklane
In keeping with its long-standing strategy and diversification in mobility services, Daimler has made its biggest bet yet in Blacklane, the Berlin-based ride-sharing service that connects professional drivers in high-end vehicles with travelers via a smartphone app and travel websites.
Transform Your Rolls-Royce Wraith into a Bespoke Yacht with this Million-Dollar Offering
SottoStudios has created a yacht-inspired scheme exclusively tailored to the $300,000 model, imbued with more schooner elements than the new Nautical Wraith.
How To Get A Blind-Spot Monitoring System For Free
Motorists worried about safety are spending big money on blind-spot monitoring systems. But 20 years ago an automotive engineer came up with a way to achieve the same thing with your vehicle’s existing mirrors.
The makings of a Karma Automotive Revero
Karma Revero Nears Launch, But You Can Buy Its Predecessor For A Fraction Of The Price Now
Fisker Karmas are available for sale on eBay. Could the stylish hybrids be the next automotive collector’s item?
The Most Important Number On Tesla’s Conference Call
How much additional capital Tesla will need is one of the most important financial numbers investors need to know.
With $2.4B Fleetmatics Acquisition, Verizon Focuses On Connected Commercial Vehicles And Software
With recent acquisitions, Verizon connected vehicle strategy shifts to the fleet and logistics space as well as end-to-end software products and services.
With Fuel Economy Rules In Play, Tesla Exec Says Automakers Aren’t Trying To Sell Electric Vehicles
Tesla squares off with automakers over whether aggressive fuel economy mandates should be adjusted in an era of cheap gas that favors large trucks and SUVs.
Tesla’s Blowing It In China. Here’s What Elon Musk Must Do.
Even a genius like Elon Musk could not have dreamed up a better opportunity for Tesla than China. The People’s Republic is now the world’s No. 1 market for electric vehicles and by 2018, it will be the world’s largest market for luxury cars. And yet, Tesla continues to spin its wheels there. Here are five things Tesla can start doing today to move sales much higher.
See The Driverless Bus That’s Already On City Streets
While several U.S. cities are planning to introduce autonomous buses in the coming years, a handful of European countries have already deployed them on public roads, including Sion, Switzerland.
Supercars Surpass 200 MPH On Public Roads Of Sun Valley, For A Cause
Imagine you are stopped by a policeman in your sports car on a smallish, two-lane back road just outside of Sun Valley, Idaho. Rather than scold you, though, the officer smiles and gives a “thumbs up.” You respond by lighting up the tires and screaming up a hill into a wide left-hander at 140 mph, cresting at 170, then plummeting back down the hill through a speed trap at over 200 mph.
10 Most Stolen New Cars In The U.S.
Better go out and buy that alarm or make sure your insurance is up top date if you own any of these 10 “hot cars.” Based on a post by Forbes contributor Jim Gorzelany.
Apple’s Latest High-Profile Automotive Hire Is A Smart Move
Apple?s larger automotive ambitions are still a matter of speculation. Will the Silicon Valley icon produce and sell iVehicles? Probably not. Will it build self-driving electric city pods? More likely. Then there?s a camp that thinks Apple simply wants to develop and control the software in the autonomous driving/connected car future. And the latest in a series of high-profile hires (and departures) indicate that this could be the case.
Infiniti QX30 – Infiniti Joins the Small Crossover SUV Fight
One of the fastest growing product segments is the Luxury Small Crossover SUV (XSUV) category. Infiniti has been a bit late to the party as there are already 33 small XSUVs on the market. Eight of those are luxury brand XSUVs: the Acura RDX has been out since 2013 in its second incarnation, Audi Q3 out since 2014, BMW X1 out since 2014, Land Rover Discovery Sport out since 2016, Lexus NX200t out since 2015, Lincoln MKC out since 2015, Mercedes GLA since 2015, Range Rover Evoque out since 2012,
Forbes Life Elon Musk
Why Did Tesla Merge With Solar City?
Why Did Tesla Merge With Solar City? Early today (Monday, August 1, 2016), Tesla ($TSLA) agreed to an all stock $2.6B merger with Solar City ($SCTY). Many people are scratching their heads and are asking why? The short answer: Elon Musk (Chairman of both companies) wanted the merger and pretty much controls both boards.
Second-Quarter GDP Shows The Real Pace Of U.S. Growth Remains Slow
The Q2 GDP data effectively reflect what the payroll data have been indicating (once one moves to using moving averages of three-months or longer)–the real pace of growth has slowed and remains slow. Further, the gap between real GDP per capita and its trend line from 1966 to 1993 continues to widen. People feel this, even if most can’t define it, and is probably what’s behind the disquietude many have expressed about the current economy.
10 Most Stolen New Cars And Trucks
The Most-Stolen New And Used Cars And Trucks
Better make sure your car insurance is up to date if you drive a pickup truck or an import sedan.
Uber’s Choice In China: Play Junior Partner Or Watch From The Sidelines
After losing billions taking on Didi directly, Uber has apparently grasped the new reality for foreign companies in China: in key high-technology sectors, only partners are welcome — and don’t forget to say thank you.
Rally Cars At The 2016 Concours d’Elegance Of America
Rally Cars And Ford GTs Invade The 2016 Concours d’Elegance Of America
I’ve been a motorsports fan for going on four decades now. While I’ve developed an immense respect for the widely varied skills of racers in every category, some of those classes hold no particular interest for me. Among those that do are sports cars, especially in endurance racing and rallying. The latter has long been a favorite for the crazy machines that compete in all kinds of conditions with some of the most daring drivers in the world. At this year’s Concours d’Elegance of America in Plymouth, Mich. rally cars and competition Ford GTs were among the featured classes.
Startup Otto Aims To Leapfrog To First In Self-Driving Vehicles With Big Trucks
Two veterans engineers of Google’s self-driving car program created their own company to use the technology on big semi trucks to boost safety and improve shipping efficiency.
The Rideshare Uprising Around The World
Here Are The Final Details Of Uber’s China Deal With Didi
Uber will become its Chinese rival’s largest shareholder in the deal with Didi Chuxing.
Talking The Talk: The Strategy Behind Being A Top Sports Commentator
Becoming a sports commentator is one of those jobs that most young children dream of having along with going into space and acting. As is often the case, it is far less glamorous in reality than it seems and not only does it require hard work to get a foot in the door, this is often essential just to keep the wheels turning.
Tesla and Solar City Agree On $2.6 Billion Deal To Fix What Elon Musk Calls An Accident of History
Combining solar power and energy storage makes sense, argues Elon Musk, but shareholders must decide whether merging two money-losing companies is good for either one.
Out Of The Red And Into The Black? Uber Decides It’s Better To Fade Away Than To Burn Out
Uber’s choice to end its multi-billion-dollar with Didi in China closes tech’s bloodiest battle in recent memory. But while Uber walks away with a piece of the giant Chinese market, it more or less forever gives up the biggest prize in ridesharing. What does that mean for the company?
The Girl Power That Really Drives Formula One
One of the biggest success stories in Formula One so far this year isn’t found right at the front of the grid but a little further back.
Royal Enfield Motorcycles Photo Gallery
A Conversation With Rod Copes, President, North America For Royal Enfield Motorcycles
Can a middleweight motorcycle from India make a dent in Harley-Davidson’s heavyweight sales? Royal Enfield’s Rod Copes takes on the challenge.
2017 Aston Martin V12 Vantage S 7-Speed: Dogleg Manual Gearbox Makes It Enchanting
Rewarding automotive enthusiasts with captivating sports cars appears to be the modus operandi of Aston Martin. Witness its 2017 V12 Vantage S, the British automakers smallest and most powerful vehicle, which is now offered with a 7-speed manual dogleg gearbox. The unique transmission, which puts first gear on the bottom left of the pattern and requires sliding the shift mechanism up and over to engage second gear, is used in motorsports because it is faster. Still confused? Don’t fret — it’s purely an emotional sports car thing.
Uber Surrenders In China, Will Join Forces With Rival Didi
Uber and Didi Chuxing will merge operations in China as the U.S. ridesharing giant gives up.
A Look Inside The Tesla Factory
FORBES takes a look inside Tesla’s factory in Fremont, California.
How The Right Truck Can Take The Pain Out Of Moving
Equipped with a beefy Cummins 5.0-liter diesel engine and a roomy, upscale crew cab, the Titan made short work of towing two 1200lb horses in a heavy trailer.
Singapore and Delphi To Launch Autonomous Mobility On-Demand Pilot
To the surprise of almost no one, the probable future of urban transportation will make its world debut in Singapore in 2017. The island city-state has all the ingredients to make it the ideal proving ground for this new approach to personal mobility. While local authorities will handle the necessary infrastructure, tier-one automotive supplier Delphi has been selected to lead the vehicle technology side of the pilot program that will run from 2017 through 2019.
The Audi Q7: A Family Road Trip SUV
The Audi Q7 SUV is a family road trip car, with ample space, power, and technology.
Buick Avista concept wins North American Concept Vehicle of the Year
The edgy design from Buick continues to win critical praise
Peninsula Classic “Best Of The Best” Award
2016 Honda Civic a Winner Save for Its Ill-Designed Nav/Climate/Audio System
Honda’s 2016 Civic Gets High Marks – Its Nav/Climate/Audio System Is Awful, Though.
How Much Dealers Earn On Finance And Insurance: Try $1,600
How much do you suppose auto dealerships make on average, arranging loans and selling add-ons like extended service contracts, often (erroneously) called “extended warranties?”
2017 Audi A4: The Best Connected Small Luxury Sedan For Business Travelers
The 2017 Audi A4’s connected tech can help make time behind the wheel more productive and convenient for business travelers.
What Car Companies Want To Know About You, And Why
Do you feel important when you drive your car? Does the driver’s seat make you feel like you’re in command? What kind of sound do you like the door to make when it shuts?
At 205.6 MPH, An Electric Corvette Z06 Sets A New Record
The Tesla Model S has proved that electric cars don’t have to be boring, but for driving purists they lack that emotional connection to the vehicle and the road. Could a custom electric C6 Z06 Corvette that shed its gasoline engine but kept the gearbox be the best of both worlds?
States Sue VW Over Dieselgate, On Top Of Earlier Settlements
A cover-up of “defeat devices” Volkswagen AG used to cheat on diesel emissions tests was “orchestrated and approved at the highest levels of the company, up to and including former CEO Martin Winterkorn,” according to an announcement from New York Attorney General Eric Schneiderman.
Tough Times At Tesla: Preorder Brouhaha Steals Gigafactory Thunder
Tesla Motors, the electric car company that could no wrong, has been in a streak of bad luck lately. In June, the announcement of a lower cost Model S was drowned out by a scandal involving weak suspensions and strong legal language that forbid customers to disclose details of repairs. That matter was pushed out of the headlines only when federal investigators started looking into a fatal accident involving a Tesla vehicle on Autopilot. News of worse-than-expected deliveries in the first quarter could not be kept out of the headlines, not even by announcing them on a Sunday afternoon on a 4th of July weekend. Last week, Tesla tried to produce some good news by inviting to a grand opening party of its Gigafactory, and things went awry again.
Buyers Unknowingly Paid For Add-On Products, New York AG Says
Two Staten Island auto dealerships allegedly sold customers a total of more than $2 million worth of add-on products like “credit repair” and identity theft services without their knowledge, typically by hiding the cost of those products in the cost of their vehicles, according to an announcement last week by New York State Attorney General Eric Schneiderman.
The Rise Of Road Rage: Drivers Worry About Safety -Nearly 80 % Express Extreme Behavior, Study Finds
An online survey of drivers found that nearly two in three believe aggressive driving is a bigger problem today than it was three years ago; nine out of ten think it poses a serious threat to personal safety; and almost 80 percent said they personally engaged in some kind of significant anger, aggression or road rage behind the wheel at least once in a previous year. Those are among the findings of a new study released earlier this month by the AAA Foundation for Traffic Safety, a nonprofit research and education organization.
Peninsula Classic “Best Of The Best” Award
New Award To Crown “Best Of The Best” Of Classic Cars
There are dozens of notable classic car shows held around the world–each with their own “best of show” winner–but a new award may have the final say.
Auto Sales Record Looks Unlikely For 2016, But No Plunge Either
U.S. auto sales look less like a record high for 2016 and more like the start of a high plateau – at least, that’s the auto industry’s devout wish.
Week Ahead On Wall Street: Jobs Report, Earnings Parade Marches On
Here’s what investors should watch the week of July 31.
Behind In Information-based AI, Japan Must Refocus And Integrate Deep Learning Into Manufacturing
Technology gurus around the world believe we are on the cusp of a great leap forward in AI or artificial intelligence. The excitement reported in a number of research facilities is a result of the advances stemming from deep learning, a breakthrough adaption of neural network technology that can recognize patterns in vast amounts of data then apply what it’s learned to new tasks. The Japanese government is a believer too and has marked AI a key technology to invest in with the hope of it becoming an economic driver.
Super Duty – Ford’s Super-Capable Pickups
Ford’s F-Series Super Duty pickups are all new for the 2017 model year. The Super Duty line includes the F-250, F-350, F-450 and F-550 heavy duty pickups.
Mercedes-Benz Demonstrates Self-Driving Bus
Mercedes-Benz is testing its Future Bus with self-driving CityPilot technology on a 12.5-mile route through Amsterdam.
A Mercedes In Drag: Can Infiniti’s QX30 Create Its Own Image?
Entry-level premium crossovers/hatchbacks are all the rage and the QX30 makes a good addition to the crowd, with a striking design, punchy performance and a finely trimmed, if rather cramped, interior
10 Cities With The Worst Drivers In The U.S.
Many U.S. Car Owners Are Ignoring Recalls
More than 45 million vehicles recalled for critical safety issues between 2013 and 2015 have yet to be brought in for covered repairs – is yours one of them?
2016 Mazda CX-9
Curbing Enthusiasm: Mercedes-Benz Drops TV Ad That Promoted Automated-Driving Chops of New E-Class
Now Mercedes-Benz has gotten caught in the blowback to Tesla’s over-hyping of Autopilot. The German luxury leader withdrew a TV spot for its new 2017 E-Class because auto-safety critics charged that the commercial overstated the autonomous capabilities of the crucial new sedan.
CAFE Standards: The Next Big Political Battle Over Energy
Aggressive CAFE standards will soon collide with consumer preference for larger vehicles since gasoline prices collapsed. Both parties seem likely to favor relaxing them.
Light At The End Of The Tunnel For Struggling VW?
Even though VW is embroiled in ongoing and very public legal wrangling with US authorities over the diesel emissions crisis, American consumers evidently still hold the company in high regard
Why Mazdas Steer Better Than The Competition
But Mazda’s own testing in snow and icy conditions reveals much more noticeable beneficial effects from G vectoring, especially in controlling slides and skids.
Being A “Bad” American In World War II: The Man Who Wouldn’t Turn Historic Cars Into Tanks
While the rest of World War II America was busy scrapping everything from metal pots to cars as part of the nationwide drive to provide more tanks and bullets, Frederick Crawford refused to send automotive history off to war.
Acura NSX Ramps Up Racing Ambitions
Acura, Honda?s premium division, plans to homologate the twin-turbocharged Acura NSX GT3 as an FIA GT3-class racecar this fall, in preparation for North American GT racing competition beginning in 2017
Wall Street Not Buying The Tesla Story Anymore?
Tesla Motors is becoming a test of patience for investors who think they may not fully capitalize on Elon Musk?s ambitious dreams.
China Legalizes Ridesharing, Opening The Door For Uber, Didi
The largest market for Uber in the world just legalized ridesharing.
Volkswagen Stock Price Dives After Financial Report But Analysts See Positives
Volkswagen took a beating on stock markets after it announced details of second quarter results, but analysts were impressed with the progress made to reform the company after the shock of dieselgate.
Ford’s Negative Surprise Comes With Warnings Of An Uphill Climb For Second Half
The carmaker says the auto industry has plateaued, warning it will be harder to achieve profit targets for the second half.
Volkswagen Shares On The Slide After Own Brand Margin Falls
Volkswagen shares dived after news its core namesake auto brand?s profit margin slipped to 2.9% in the second quarter from 3.3% in the same period last year.
How America Electrifies Transportation, Even Short Of 54.5-MPG Standard
Even if the CAFE standard’s impact falls short of estimates, it is but one of several policies that combined compel the industry toward electric vehicles, according to a former GM engineer and mobility expert.
Never Mind The Scandals: Volkswagen World’s Largest Automaker In First 6 Months Of 2016
At halftime 2016, Volkswagen AG, scandal-rocked as it may be, still leads Toyota in the race for World’s Largest Automaker. With all three global giants having reported its global deliveries, Volkswagen is some 80,000 units ahead of Toyota. General Motors is 360,000 units behind Volkswagen, and it definitely has long ceased being a factor in the race for the top spot. World’s Largest Automakers 6 Month 2016
Mercedes Breaks Ground On Its $500 Million Sprinter Van Plant In South Carolina
Mercedes-Benz is investing a half-billion dollars to expand its South Carolina plant and avoid a tariff on vans
Daimler Offers Van Customers MasterSolutions To Their Upfitting Needs
Mercedes-Benz Vans and Freightliner Vans introduce easy-order ship-thru upfit solutions through the new MasterSolutions program.
14 Cars That Will Be Discontinued For 2017
Cars That Won’t Be Returning For 2017
Whether because of slipping sales or shifting buyer tastes, the end of the road is at hand for these 14 cars, crossovers and minivans.
Cars That Won’t Live To See 2017
Whether because of slipping sales or shifting consumer tastes, the end is near for these 14 cars, crossovers, and minivans.
Profits Climb As Fiat Chrysler Fends Off Legal Inquiries Over Sales Reporting
Fiat Chrysler Automobiles reported a healthy bump in second-quarter earnings and raised its profit forecast, but its stock is not responding as the company has admitted to sloppy sales reporting and its CEO continues to flirt with vague pronouncements about possible alliance partners.
General Motors Reports Records Earnings Whilst Overcoming Quakes In Supply Chain
Last week, General Motors reported record profits for the second quarter of 2016. This was despite 70% of GM’s suppliers suffering negative impacts to the earthquake in Japan in spring of this year. GM, as well as many other leading company, are showing that financial success requires strong supply chain risk management.
Shayna Texter: An Interview With The AMA Pro Flat Track Extreme Motorcycle Racer
AMA Pro Flat Track promotes itself as ?America?s oldest extreme sport with roots dating back to the 1920s.? In a nutshell, the sport pits two- or four-stroke motorcycles, which only have rear brakes, against each other on a flat oval dirt track. The competition is tight, fast, and it doesn?t discriminate when it comes to gender ?women like 25-year-old Shayna Texter race with the men, handlebar-to-handlebar, at speeds of 130-plus mph on the loose surface!
Tesla Model 3
Michigan Commits Additional $17M To Detroit-Area Autonomous Car Test Facility
In a quest to make Southeast Michigan the center of self-driving car testing and development, the state has pledged $17 million to turn a shuttered GM plant into an autonomous vehicle research facility.
Who Says Safety Doesn’t Sell? Safety Features Boost Appeal In New J.D. Power Study
Vehicles with several popular driver-assist safety features make new vehicles considerably more appealing, according to the newest J.D. Power 2016 U.S. Automotive Performance, Execution and Layout (APEAL) Study. This year Porsche ranks the highest in APEAL for the twelfth consecutive year; the smart brand is at the bottom of the rankings. Volkswagen is the highest-ranking non-premium brand. And the BMW 7-Series is the most appealing vehicle.
The Cheap Yen Party Is Over: Nissan’s Lackluster Earnings Promise Gloom For Japanese Automakers
For more than two years, the Japanese auto industry profited from a cheap domestic currency, which translated foreign sales into fat earnings at home. Nissan’s 10% profit decline in the first quarter signals that the good times are past.
Greenlots Makes The Case For Utility-owned And Operated EV Infrastructure
If the country is going to meet the future demands of electric cars, its charging infrastructure and power grids are going to need a lot of help, and the companies in the best position to fix this problem could be utility companies.
Bloomberg Philanthropies Hosts International Road Safety Conference In Thailand
More than 125 experts from 15 countries, including government officials and law enforcement, will convene in Bangkok, Thailand from July 27 to 29, 2016 to address strategies to improve road safety. The two day meeting will focus on one of the world?s leading causes of preventable death: road crashes, which kill more than 1.25 million people a year worldwide and injure more than 50 million, Bloomberg Philanthropies Initiative for Global Road Safety, the group hosting the event, said in announcing the conference.
2017 Honda Accord Hybrid: A Refreshed Challenger Has Arrived
The Honda Accord gets 49 MPG in the city? I’ve been a big fan of the popular mid-size sedan for years, but I never considered it a viable rival to the Toyota Prius — the go-to vehicle for today’s hypermiler. That is, until I recently drove the 2017 Honda Accord Hybrid.
Inside Tesla’s Gigafactory: A Crazy Idea Takes Shape In Nevada
Tesla and Panasonic say they’ll not only meet their wildly ambitious target of enough capacity to supply batteries for 500,000 cars a year two years early, they have figured out how to triple the original output to support 1.5 million electric vehicles a year.
Elon Musk’s Tesla Ambitions Keep Growing — And So Does The Price Tag
Tesla’s CEO dreams of more electric vehicles, solar roofs and battery gigafactories on every continent. How will he pay for it?
China Ends Foreign Ownership Cap On EV Battery Makers
The Chinese government has announced that it has lifted the cap on foreign ownership of companies that make batteries for new-energy vehicles (NEVs) and companies that make electric systems for automobiles. The move could have consequences for possible investments in China by EV companies like Tesla.
Pin Ni, Who Turned $20,000 Into A $4 Billion Company, Discusses Chinese Investments In The U.S.
The Chinese-born president of Wanxiang America Inc. discusses the changing game of Chinese investments in the U.S., and how ultimately it’s good for competition.
Big Revision: Fiat Chrysler’s Monthly Sales Win Streak Ended Nearly 3 Years Ago, Company Admits
The company’s six-year-plus winning streak was the industry’s longest, and helped it convince consumers, dealers and investors that the automaker could remain viable in the long term after the bailout in 2009 by the federal government and Fiat. Now the ‘record’ has been bared as mythological, and that revelation certainly won’t help Chrysler as U.S. auto sales flatten out and as the company faces long-term challenges in breadth of product, capital resources, quality and other areas.
Edmunds Office in Santa Monica
Car-Shopping Guide Edmunds Opens HQ That Rivals Tech Giants For Fun Features
Edmunds built a gorgeous new office to attract millennial talent as the auto industry enjoys an upswing.
Expansion Plans for Ram, Jeep Write Epitaph for FCA’s Failed Small-Car Experiment
Fiat Chrysler just heaped more rubble on the grave of its small-car ambitions, formally announcing that it will convert a Michigan assembly plant to making hot-selling Ram trucks and end output of its Chrysler 200 small car at that factory in December.
Mobileye Opts Not To Advance Tesla Autonomous Relationship In Favor of BMW, Intel
Prominent maker of autonomous vehicle technology wants greater collaboration and is no longer satisfied with traditional supplier relationships with automakers