Even before the pandemic struck, Gautam Narang says, the self-driving truck company he co-founded three years ago had gained momentum with customers. But since COVID-19 arrived, stretched supply chains and accelerated growth of delivery trends with consumers, Narang, CEO of Gatik, says interest in autonomous goods-hauling has mushroomed. The pandemic “changed everything,” he said. “We
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The merger between Fiat Chrysler Automobiles and PSA Group to create the world’s fourth-largest automaker by volume has taken more than two years to negotiate, according to documents filed with regulatory authorities this month. The deal was discussed over a series of international meetings, in Geneva, Paris, Frankfurt, Detroit, Turin and elsewhere. Major players included:
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What kind of car is the 2021 Volvo S90/V90? What does it compare to? The 2021 Volvo S90 and V90 are large luxury cars that offer a pretty alternative to the usual rivals, including the Audi A6, Mercedes E-Class, and BMW 5-Series. Without the pretense of luxury the S90 sedan and V90 wagon still deliver
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Lamborghini has entered the head- and earphone business by teaming up with New York-based premium audio brand Master & Dynamic. Inspired by the Italian supercars, the collection consists of the MW65 Active Noise-Cancelling Wireless Headphones and the MW07 Plus True Wireless Earphones. The headphones are available in silver metal/light grey/yellow Alcantara, black metal/black yellow Alcantara
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Faurecia is preparing to be a fully independent company after PSA Group divests its stake in the supplier as part of its merger with Fiat Chrysler Automobiles. Among the initiatives Faurecia is pursuing is an annual investment of up to €60 million ($71 million) in hydrogen technology and cooperation with ZF on cockpit technology. CEO
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QuantumScape Corporation has completed its combination with Kensington Capital Acquisition Corp., a special purpose acquisition company, and from today (November 27) on it is traded on the NYSE under the ticker symbol “QS”. Net proceeds from the deal amounted to about $680 million. The company attracted a lot of attention from investors, including Volkswagen which invested
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FRANKFURT — Volkswagen is accelerating plans to launch a full-electric small car that will be positioned below its ID3 compact hatchback. The entry-level EV will replace the Up minicar and potentially the Polo, company sources told Automotive News Europe. The car will be based on VW’s MEB platform like the ID3. It will start at
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Ducati on Wednesday unveiled a motorcycle inspired by the Lamborghini Sian FKP 37 supercar. It’s the first collaboration between the two Italian firms, which both fall under the Volkswagen Group umbrella. The Ducati Diavel 1260 Lamborghini is based on the existing Diavel 1260 motorcyle but features styling that mimics the limited-edition Siàn FKP 37. The bike rides
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What kind of car is the 2021 Mazda 6? What does it compare to? The 2021 Mazda 6 four-door sedan slots in as the Japanese automaker’s mass-market sedan. It’s a rival for the Camry, the Accord, the Sonata, and other cars that only need one name to stand out on the sales charts. Is the
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Last March, Manheim was set to host a large event at its Pennsylvania namesake site to celebrate its 75th anniversary. There was to be an overview of the auction’s history, a special sale with more than 600 vehicles, and company leaders would be on hand to discuss the vital role the used-car market plays in
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Huawei Technologies, a major global supplier of communications equipment and smart phones, admonished managers this week who are pressing the company to build connected vehicles rather than only supply technology.  The warning was included in a notice, signed off by Huawei’s founder and CEO, Ren Zhengfei, and posted in a section of the company’s website
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LONDON — British car production slumped by an annual 18 percent in October as the coronavirus pandemic and lockdown measures continue to hit demand, according to data from the Society of Motor Manufacturers and Traders SMMT on Thursday. A total of 110,179 cars rolled off assembly lines last month leaving output in the first 10
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