Lyft to Bring Driverless vehicle technology to Broader Auto Industry

as declared in Uber, Lyft's main elect, has been emerging self-driving technology mostly on its own. final year, Ford reported it would invest $one bn in Argo AI, an AI begain-up focused on emerging autonomous vehicle technology. PhotoAfter lagging behind Uber, Lyft has soon made a concerted push into self-driving cars . It too has a great asset for self-driving technology — a ride-hailing network picking up & dropping off passengers ten mn times a 7 days. Under the copartnership, Lyft would take the lead in emerging self-driving vehicle technology When Magna would oversee manufacturing of the systems.

European Auto Industry tells Donald trump Tariffs Would injury Both Sides

Europeans were circling the wagons for the automotive industry & toll free trade after break news at the weekend which U.S. President Donald trump had threatened to lift tariffs on their cars purveyed in America. At the Geneva vehicle display , the European Automobile industrialists Association, known with its French acronym ACEA, launched a statement outlining the importance of the industry, & telling the method the European industry & its U.S. counterparts work soclosely. "It is important to note which European industrialists don't just importation cars into the America, however which they have a great manufacturing footprint there, providing significant native employment & generating tax income. Already, some European industrialists have their biggest plants not in the E.U, however in the U.S.," Jonnaert said. Germany's automotive lobby group, the VDA, joined in, telling Donald trump 3 risked creating a lose-lose situation for both sides.

Auto Industry healthful sufficient To Withstand following Downturn, Analysts tell

as informed in Auto Industry healthful sufficient To Withstand following Downturn, Analysts SayEnlarge this image toggle caption Bill Pugliano/Getty Images Bill Pugliano/Getty ImagesLast year was yet another perfect 1 for the U.S. auto industry. The switch to the larger cars is a "seismic change in our industry & people's wants & needs," Scarpelli tells. however Dziczek tells the industry does have some things to be worried about: climbing auto loan defaults & hight gas prices. Nevertheless, she tells vehicle companies are "much, much, further availiable to weather" a discounts downturn. She tells the vehicle companies have become nimbler & further responsive to user tastes, shifting to profit off the sport utility vehicle craze which began in the U.S. this decade.

Auto Industry Reacts to Donald trump's Suggested Steel & Aluminum Tariffs

The rest of the world hasn't reacted kindly to President Trump's desire for a 25 % tariff on imported steel & a ten % tariff on aluminum. "These Suggested tariffs on steel & aluminum imports couldn't come at a worst time," said AIADA President & chief executive officerCody Lusk in the statement. "This would place the U.S. automotive industry, that supports further than seven mn American jobs, at a competitive disadvantage." The tariffs would have a significant adverse influence on US auto produce, regardless of industrialists' house countries are, & regardless of the American-made cars bound for Exportation. The extra cost of materials would be passed on to consumers, making cars built here less competitive in the world markets.




collected by :Catlin Logan