Autos Automobiles and Components

  • PARIS, Sept 21- France may seek compensation from carmakers whose vehicles far exceed carbon dioxide emissions targets in normal driving, budget minister Christian Eckert said on Wednesday. Addressing lawmakers at the National Assembly, Eckert said government legal services were preparing action to recover "lost tax receipts" from carmakers whose...

  • BERLIN, Sept 21- Volkswagen faces 8.2 billion euros in damages claims from investors over its emissions scandal in the legal district where the carmaker is based, a German court said on Wednesday. The biggest claim at the Braunschweig court, totalling 3.3 billion euros, was filed by lawyer Andreas Tulip on behalf of institutional investors around half a year ago.

  • There's big opportunities in autonomous and electric vehicles: Daimler

    Wolfgang Bernhard, head of trucks and buses division at Daimler, discusses new technology impacting truck and auto industry, such as autonomous driving.

  • WASHINGTON, Sept 20- The Obama administration proposed on Tuesday deeper government involvement in the design of autonomous vehicle systems and called on manufacturers to share more information about how such systems work and why they fail. The wide-ranging proposal unveiled on Tuesday by the National Highway Traffic Safety Administration called on...

  • Sept 20- Tesla Motors Inc has rolled out a security patch for its electric cars after Chinese security researchers uncovered vulnerabilities they said allowed them to remotely attack a Tesla Model S sedan. The automaker said that it had patched the bugs in a statement to Reuters on Tuesday, a day after cyber-security researchers with China' a Tencent Holdings...

  • 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 shut some of GM's Canadian plants and affected some top-selling vehicles, such as the Chevrolet Equinox. "We have been absolutely straightforward with the automakers that we want investment in Canada," Unifor...

  • WASHINGTON, Sept 20- The Obama administration is proposing deeper government involvement in the design of autonomous vehicle systems and calling on manufacturers to share more information about how such systems work and why they fail. A proposal put forward on Tuesday by the National Highway Traffic Safety Administration calls on automakers to...

  • Are self-driving cars over hyped?

    Scott Keogh, Audi of America President, discusses the current sentiment and technology surrounding autonomous and self-driving vehicles. CNBC's Phil LeBeau weighs in.

  • New rules of the road for autonomous vehicles

    CNBC's Phil LeBeau reports the latest autonomous vehicle guidelines released by the Department of Transportation.

  • WASHINGTON, Sept 20- The Obama administration is proposing deeper government involvement in the design of autonomous vehicle systems and calling on manufacturers to share more information about how such systems work and why they fail. A proposal put forward on Tuesday by the National Highway Traffic Safety Administration calls on automakers to...

  • 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...