Articles Tagged with "AI"

Bosch expected to settle U.S. VW diesel claims for $300 million, report says
Bosch expected to settle U.S. VW diesel claims for $300 million, report says

WASHINGTON -- German auto supplier Robert Bosch GmbH is expected to settle a suit, filed by U.S. owners of polluting Volkswagen diesel vehicles, for more than $300 million, a source briefed on the matter told Reuters today.

Dec. 20 , 2016
GAC to exhibit cars on Detroit auto show's main floor
GAC to exhibit cars on Detroit auto show's main floor

DETROIT -- Guangzhou Automobile Group Co. next month plans a display on the main floor of the 2017 Detroit auto show, a notable addition in a year in which several global brands will skip the show.

Dec. 20 , 2016
SAIC to be shareholder of Hongyan and will integrate Yuejin business into MAXUS
SAIC to be shareholder of Hongyan and will integrate Yuejin business into MAXUS

According to cvworld.cn, SAIC announced on Dec 16th that, it would enlarge the scale of stock right in SAIC-IVECO HONGYAN Commercial Vehicle Co., Ltd by increasing capital.

Dec. 20 , 2016
Ghosn poised for third salary after being confirmed as Mitsubishi chairman
Ghosn poised for third salary after being confirmed as Mitsubishi chairman

TOKYO -- Nissan and Renault CEO Carlos Ghosn is set to receive a third salary after Nissan-controlled Mitsubishi Motors today approved his appointment as its chairman, along with a tripling in compensation for board members.

Dec. 15 , 2016
Foreign Ownership Remains Limited in New Auto Regulation
Foreign Ownership Remains Limited in New Auto Regulation

China has made no change to the controversial stake cap applied to foreign automakers in its latest investment guidance, but analysts said this might not be a bad thing, at least for now.

Dec. 15 , 2016
Models S involved in Takata air bag recalling incident, Chinese market isn’t informed
Models S involved in Takata air bag recalling incident, Chinese market isn’t informed

NHTSA released a model list involving 19 auto companies using the problem airbags. New entrants include Tesla 2012-2016 Model S.

Dec. 14 , 2016