10 Huge Scandals That Rocked The Automotive Industry

Introduced for the 1960 model year, the Chevrolet Corvair was General Motors' answer to the growing popularity of small, imported vehicles like the Volkswagen Beetle. Featuring a rear-mounted, air-cooled, flat-six engine, the vehicle was available in a wide variety of body styles, including a sedan, coupe, wagon, and van. Not having a standard front anti-roll bar made the model even more potentially dangerous. General Motors didn't take kindly to the allegations about the Corvair and allegedly tried to harass him. Nader sued the company for invasion of privacy and won $425,000 in 1970 (about $2.7 million today).

Cubic Executive to Explore the Future of Transit Mobility with Auto Industry at Center for Automotive Research Seminar

Although Cubic's vision of MaaS centers on the idea that public transit agencies – more than any other player – should play center stage, private car ownership could remain an important element of the future mobility landscape. Tuesday, July 31, 1:00 p.m. – 2:30 p.m. (local time); Grand Traverse Resort and Spa, Traverse City, MichiganCAR is an independent nonprofit organization producing industry-driven research and fostering dialogue on critical issues facing the automotive industry. Follow Cubic Transportation Systems on Twitter at @CubicTS and join the conversation on social media with #CARMBS. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions.

Interested In Automotive Franchise? Look Out For These Industry Trends

as declared in Top 3 Trends In Automotive IndustryThis story originally appeared on Franchise IndiaThe automotive industry in India is one of the largest worldwide, with more than four million cars and commercial vehicles produced, India is one of Asia's largest markets. The automotive sector is growing and becoming more important for Indian citizens with 14.9 million jobs projected to exist by 2022. Offering numerous opportunities, the automotive industry is witnessing continuous evolution with trends re-defining the industry. Electric carsThe sales of electric cars have reached 10 million units, which explain the opportunities for franchisors in this lucrative sector. The declining resource of nonrenewable energy sources is a major push for the production of electric vehicles, which is reflecting as the market share of the electric car is increasing.

How Blockchain Will Disrupt the Automotive Industry

Blockchain will soon disrupt the automotive industry thanks to its decentralized data ledger features. The deployment of blockchain in the automotive industry was first tried and tested by Porsche in collaboration with the Berlin-based start-up, XIAN. These contracts can be used to change the way payments are made in the automotive industry. Facilitating better Carpooling OptionsThe concept of autonomous cars can be extended to the carpooling services with the help of the blockchain technology. Other blockchain innovations developed by other companies to disrupt the automotive industry are as follow:Encouragement for eco-friendly driving by Daimler AGVehicle ownership and sharing system by Ernst & YoungSource verification of the raw materials used in the engines by BMWAlthough the automotive industry is just getting started with blockchain, there is no doubt that the outcome will only be revolutionary.

collected by :Catlin Logan