Articles Tagged with "AI"

Singulato is China's latest e-car newcomer to rev up with big fundraising
Singulato is China's latest e-car newcomer to rev up with big fundraising

Little-known Chinese electric car start-up Singulato Motors is expected to say this week it raised around $600 million in a second fundraising - the latest such move illustrating China's headlong 'gold rush' into all-electric battery cars.

Nov. 7 , 2016
Volvo Cars retail sales up 8.4 per cent in first ten months
Volvo Cars retail sales up 8.4 per cent in first ten months

Volvo Cars continued its trajectory towards another record year in global sales in October, on the back of a strong performance in China. Year-to-date sales growth globally amounted to 8.4 per cent, resulting in total sales for the first ten months o

Nov. 7 , 2016
Jaguar, Land Rover gain in '16 as Mercedes, Lexus, BMW lose ground
Jaguar, Land Rover gain in '16 as Mercedes, Lexus, BMW lose ground

As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans.

Nov. 4 , 2016
Automakers are responsible for Takata airbag recalls, NHTSA chief says
Automakers are responsible for Takata airbag recalls, NHTSA chief says

Automakers have "ultimate responsibility" for the costs of replacing potentially deadly Takata Corp. airbags, no matter what happens to the Japanese supplier, the nation's top vehicle safety regulator said on Wednesday.

Nov. 3 , 2016
Canadian union: Ford deal ‘uncertain’ as deadline looms
Canadian union: Ford deal ‘uncertain’ as deadline looms

Negotiations between the Canadian auto workers union and Ford Motor Co. have been “painfully slow,” according to the Unifor union.

Nov. 1 , 2016
Guangzhou Auto raising up to $2.2 bln in green car, proprietary brand push
Guangzhou Auto raising up to $2.2 bln in green car, proprietary brand push

Nov 1 China's sixth-largest car maker by sales, Guangzhou Automobile Group (GAC Group) , plans to sell up to 15 billion yuan ($2.2 billion) worth of shares to fund development of its green car business, proprietary brands and factories, the firm said

Nov. 1 , 2016