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GM gets USD 2.25 bln cash injection for driverless unit, Waymo orders 62,000 more Chryslers

2018-06-01 12:53:00| Telecompaper Headlines

(Telecompaper) General Motors (GM) has announced a USD 2.25 billion investment from the SoftBank Vision Fund into its self-driving unit GM Cruise. The unit is planning to launch driverless fleet next year. The deal is subject to regulatory approval.Meanwhile, Waymo is planning to buy 62,000 more Fiat Chrysler (FCA) cars for its driverless robotaxi service, with delivery expected late this year.

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LG Chem to supply batteries for Chrysler's minivan

2016-02-22 06:06:07| Chemicals - Topix.net

Feb 22 South Korea's LG Chem said on Monday it will supply electric vehicle batteries to Fiat Chrysler Automobiles NV from late this year and that the orders were worth hundreds of millions of dollars. LG Chem said it will produce batteries for the plug-in hybrid version of Chrysler Pacifica minivans at its factory in Michigan.

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Fiat Chrysler's CEO just issued a dire warning for automakers...

2016-01-28 00:47:40| Automakers - Topix.net

Trucks and SUVs are the old school of car-building - but they don't run on electricity, they don't drive themselves, and they're designed to be owned, not shared. In a call with analysts after FCA reported, Rod Lasche of Deutsche Bank asked CEO Sergio Marchionne one of the biggest questions floating around the auto industry: Will new ways of getting around, including autonomous vehicles, car-sharing, and ride-hailing services, end traditional automakers' 100-year dominance of mobility? But he added quickly that industry participants and analysts should be cautious about overthinking new mobility paradigms - then he offered a prediction.

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Feds say only Chryslers were vulnerable to hacks via radio, not Audi or Volkswagen

2016-01-12 02:04:55| Wireless - Topix.net

U.S. auto safety regulators have determined that only infotainment centers from Fiat-Chrysler Automobiles had a security flaw that could allow hackers to take control of Jeeps and several other model cars and trucks. After a five-month investigation into cyberhacking vulnerabilities, the National Highway Traffic Safety Administration said only FCA vehicles, and no others, were vulnerable to the hack.

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Chrysler's new minivan has a built-in vacuum cleaner

2016-01-11 08:02:22| IT Services - Topix.net

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.

Tags: cleaner vacuum minivan builtin

 

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