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Oct
19th

Google parent company leads $1 billion investment in Lyft

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Google parent company Alphabet's investment arm, CapitalG, led a $1 billion investment in Lyft that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
Oct
19th

Toyota dominates CR reliability survey again; lots of shifts seen among other brands

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For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers. The rankings of the remaining 25 brands reflect a game of musical chairs, however.
Oct
19th

GM to settle state ignition-switch litigation claims for $120 million

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General Motors agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said.
Oct
19th

Millbrook plans autonomous testing facility

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Millbrook, an independent vehicle test and validation services provider, in collaboration with the United Kingdom Atomic Energy Authority's centre for Remote Applications for Challenging Environments (RACE) has announced plans to launch a unique, controlled test bed representative of an urban environment for the development of connected and autonomous vehicle (CAV) technologies.
Oct
19th

New Audi A7 Sportback revealed – pictures

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Oct
19th

Chinese-funded EV startup buys tech firm headed by former Tesla exec

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SF Motors, a California-based electric vehicle unit of China's Chongqing Sokon Industry Group, acquired an EV and battery tech firm headed by former Tesla executive Martin Eberhard for $33 million.
Oct
19th

Government sheds new light on autonomous car insurance liabilities

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Driverless cars stock pic
News 19 Oct, 2017

Owners of driverless cars will need to update software and know when to engage autonomous modes to avoid invalidating their insurance

Oct
19th

Nissan suspends Japanese production line due to faulty inspections

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Nissan factory building a car
News 19 Oct, 2017

An investigation by Japanese authorities revealed that unauthorised workers conducted final vehicle checks affecting 34,000 cars

Oct
19th

GM, in battle over stock split, outmaneuvered hedge fund, Einhorn concedes

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Hedge fund manager David Einhorn said he bungled his campaign to get GM to split its stock and conceded he was outmaneuvered by the auto giant.
Oct
19th

Hyundai Mobis develops sunroof airbag

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Media reports in South Korea suggest the innovation is designed largely for panoramic sunroofs in SUVs. It is also claimed as a world first for the system that addresses the risk of passengers getting ejected through the roof during accidents.
Oct
19th

Korea to mandate emergency braking from 2019

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South Korea's government has said it will require all vehicles to have an autonomous emergency braking (AEB) system and lane departure warning system to improve safety on the road.
Oct
19th

Ford opens London smart mobility office

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Ford president and CEO Jim Hackett has opened the company's Smart Mobility Innovation Office in London which will target the near term development of smart mobility technologies while focusing on the specific requirements of European cities.
Oct
19th

Tesla retrofitting charging network and models for China

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Tesla is reportedly planning to modify its models sold in China and its charging network there in order to boost sales.
Oct
19th

Mitsubishi plans Dutch vehicle to grid pilot

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Mitsubishi Motors Corporation (MMC) announced the implementation of a vehicle to grid (V2G) pilot in the Netherlands with the first charge point already being used with Outlander PHEV vehicle storage batteries.
Oct
19th

Nissan suspends Japanese output for 2 weeks; exports to continue

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Nissan will suspend all Japanese car production for about two weeks as the fallout from the company's lapse in vehicle quality inspection worsens.
Oct
19th

Toyota Prius SUV spotted at the Nurburgring

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News 19 Oct, 2017

Toyota test mule bares a RAV4 shape but with a Prius front end, hinting of a possible evolution of the Prius+ MPV

Oct
19th

Toyota Prius SUV spotted at the Nurburgring – pictures

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Oct
19th

Ford’s $28 billion cash pile doesn’t buy love on Wall Street

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Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love.
Oct
19th

Northvolt selects Swedish site for battery plant to rival Tesla’s Gigafactory

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Sweden's Northvolt has selected a site in the far north of its home country to build Europe's biggest battery factory to rival to Tesla's U.S. Gigafactory, as the company continues to seek the billions of euros needed to finance the scheme.
Oct
19th

VW said to back own tech rather than fund Uber rival Gett

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Taxi-app provider Gett is struggling to raise new funds as VW Group, its most significant investor, leans toward backing its own ride-hailing division in the battle against Uber.
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