Posts in tag

Automobiles / Auto Parts (Legacy)


By Devik Jain, Shreyashi Sanyal (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Tesla invests $1.5 bln in bitcoin; crypto stocks jump * Disney, Cisco climb ahead of results this week * Futures up: Dow 0.45%, S&P 0.37%, Nasdaq 0.41% (Adds …

(Reuters) – Advanced driver assistance technology that automates steering and braking in a growing number of vehicles is not providing reliable safety benefits, a new study by the American Automobile Association showed on Thursday. Researchers at AAA, a federation of North American motor clubs, found that the systems recorded disruptions and disengaged roughly every eight …

WASHINGTON (Reuters) – A U.S. senator on Friday urged Tesla Inc (TSLA.O) to rebrand its driver assistance system Autopilot, saying it has “an inherently misleading name” and is subject to potentially dangerous misuse. But Tesla said in a letter that it had taken steps to ensure driver engagement with the system and enhance its safety …

MILL VALLEY, California (Reuters) – Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. The Rivian R1T all-electric truck is pictured at an event, held by …

(Reuters) – A group of stakeholders in the U.S. auto industry urged automakers to adopt standarized names for Advanced Driver Assistance System (ADAS) technology from a list they released on Wednesday, seeking to reduce confusion among consumers. The list of names, drawn up by roadside assistance provider American Automobile Association (AAA), influential U.S. magazine Consumer …

DETROIT/WASHINGTON (Reuters) – General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike, angering the union with which it is negotiating. FILE PHOTO: Striking union workers walk the picket line outside …

JOHANNESBURG/KIGALI (Reuters) – When Volkswagen’s Africa boss Thomas Schaefer set out to conquer the continent, he quickly realized he needed more than a flashy new product. He needed a new business model. Rwandan Joseline Iradukunda sits inside her “Move” app-driven ride-hailing service Volkswagen Polo in Kigali, Rwanda. September 23, 2019. REUTERS/Jean Bizimana Study after study …