Autos Automobiles and Components

  • Sept 20- Electrovaya Inc chief executive Sankar Das Gupta said he expects the lithium-ion battery maker to turn profitable by the first half of 2017.. "The big jump in revenues is going to come from the March 2017 quarter onwards. The company signed an agreement on Tuesday to supply lithium-ion batteries for electric vehicles to an original equipment maker, its...

  • Sept 20- A tentative labor deal with General Motors Co shows the onus Canada's autoworkers union will put on new investment in upcoming talks with Ford Motor Co and Fiat Chrysler, the union's head said on Tuesday. The deal includes pension concessions by the union, Unifor, and a rare shift in work from Mexico to an Ontario facility, averting a strike that would have...

  • US issues new guidelines for self-driving cars

    The federal government says the new rules will ensure the technology is safe to be used in everyday traffic.

  • LONDON, Sept 20- ARM, the British chip designer powering the global mobile phone industry, launched a new processor on Tuesday for driverless cars, seeking to secure its place at the heart of the burgeoning industry. Bought by Japan's SoftBank for $32 billion this month, ARM said the processor was designed to increase safety in increasingly complex systems and...

  • Sept 20- Canada's Electrovaya Inc said on Tuesday it signed an agreement to supply lithium-ion batteries for electric vehicles to an original equipment maker, its second such deal with a NYSE- listed Fortune 1000 company. Electrovaya, which boasts Tata Motors, Chrysler and NASA among its customers, said in July that it expects revenue of $80 million over three...

  • PARIS/ TOKYO, Sept 20- Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo as they compete with global automakers and tech firms to develop new services including ride hailing and car sharing. The French and Japanese automakers said that the acquisition, under which they would absorb Sylpheo's 40...

  • WASHINGTON— Obama administration officials are previewing long-awaited guidance that attempts to bring self-driving cars to the nation's roadways safely— without creating so many roadblocks that the technology can't make it to market quickly. Traditional automakers and tech companies have been testing self-driving prototypes on public roads for...

  • DETROIT, Sept 20- General Motors Co on Tuesday announced its Chevrolet Bolt electric vehicle will cost under $30,000 after tax breaks, a price that makes it significantly cheaper than the average new U.S. vehicle and sets up a test of whether the technology can go mainstream in the United States. The least expensive Bolt will start at $37,495 before a $7,500...

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set separate rules. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous vehicles, also issued voluntary guidelines...

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set separate rules. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous vehicles, also issued voluntary guidelines...

  • TORONTO, Sept 19- Canadian autoworkers' union president Jerry Dias once publicly invited a critic to kiss his behind, but the tough-as-nails image overshadows a deft touch in negotiations, people familiar with him said. GM has said it will not commit to building new models in Canada until it has a contract in hand. GM has been the most reluctant of the three...

  • TO UNVEIL GUIDANCE TO STATES, AUTOMAKERS, TECH COMPANIES ON AUTONOMOUS VEHICLES TUESDAY: WHITE HOUSE FACT SHEET.

  • WASHINGTON, Sept 19- The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set individual rules regulating fully self-driving vehicles. The U.S. Transportation Department, in its most comprehensive statement yet on autonomous...

  • WASHINGTON— Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation's roadways safely— without creating so many roadblocks that the technology can't make it to market quickly. Traditional automakers and tech companies have been testing self-driving prototypes on public roads for...

  • A strike would involve nearly 4,000 workers at two GM plants in the Ontario cities of Oshawa and St Catharines. GM Canada spokeswoman Jennifer Wright said in an email that the company was focused on working with Unifor to reach a "mutually beneficial and competitive new agreement. Canada has been struggling to get new investments from automakers in its...

  • A strike would involve nearly 4,000 workers at two GM plants in the Ontario cities of Oshawa and St Catharines. GM Canada spokeswoman Jennifer Wright said in an email that the company was focused on working with Unifor to reach a "mutually beneficial and competitive new agreement. Canada has been struggling to get new investments from automakers in its...

  • A strike would involve nearly 4,000 workers at two GM plants in the Ontario cities of Oshawa and St Catharines. GM Canada spokeswoman Jennifer Wright said in an email that the company was focused on working with Unifor to reach a "mutually beneficial and competitive new agreement. Canada has been struggling to get new investments from automakers in its...

  • TORONTO, Sept 19- All issues are on the table in negotiations with General Motors Co, the head of its main Canadian autoworkers union said on Monday, as the union pushes to secure new investment as part of a labor contract ahead of a midnight strike deadline. Unifor and General Motors Co, which resumed talks early on Monday, have been divided over union demands that GM...

  • DETROIT— Ride-hailing company Uber Technologies Inc. will soon open an office in Detroit. Ties between Detroit and Silicon Valley are growing as research into self-driving cars accelerates. Google's self-driving car project recently opened an office in the Detroit area, while NVIDIA, which makes computer processors, has software engineers embedded at...

  • TORONTO, Sept 19- Unifor, Canada's autoworkers union, and General Motors Co resumed talks early on Monday ahead of a midnight strike deadline, having made little progress over the weekend to resolve the key issue of new investment, according to the union. GM Canada is focused on working with Unifor to reach a "mutually beneficial and competitive new agreement,"...