The Detroit Three met the challenge of the U.S. 18-month downturn that ended in mid-2009 by lowering their respective break-even points through downsizing. “We have 27 markets, so it’s a little bit more complex,” Karl-Freidrich Stracke says.
CEO Mark Fields tells reporters at Ford’s new Silicon Valley R&D facility that an autonomous vehicle or driverless car will fit within the company's century-old tradition of offering affordable transportation....More
Regulators are granting Volvo, Mitsubishi, Mazda, JLR and Subaru an added hybrid option and a later compliance date of Jan. 1, 2018, by which time each company will be expected to have an approved pure ZEV or hybrid transitional ZEV on the market....More
Some 55% of fatal accidents in the U.S. are caused by a vehicle leaving its lane and striking an object, pedestrian or another vehicle. Continental’s Road Departure Protection system is meant to prevent those collisions....More