Business News - part 5
BUSINESS June 24, 2015 | 1:29 PM
- Isuzu will build Chevrolet branded vehicles
- GM once owned stake in Isuzu
- GM reentering truck market as part of company strategy
U.S. automaker General Motors Co. and Japanese auto manufacturer Isuzu Motor Ltd. are partnering to produce trucks as GM reenters the medium duty work truck market.
GM benefits from reentering the commercial truck market while Isuzu will benefit from adding to its lineup.Read more »
BUSINESS June 23, 2015 | 12:25 PM
- 1 millionth Corvette has signatures of workers on parts
- 1962 model still awaits restoration
- Museum getting ready to reopen showroom
General Motors Co. has begun the process of repairing classic Corvettes damaged 16 months ago when a sinkhole opened underneath a museum showroom.
On Feb. 12, 2014, a sinkhole opened under a showroom at the National Corvette Museum in Bowling Green, KY. Of the eight Corvettes that fell into the sinkhole, only three will be able to be repaired.Read more »
BUSINESS June 22, 2015 | 11:49 AM
- There are 1.7 million rear-end accidents in the U.S. annually
- Safety systems save lives
- Auto alliance disagrees with recommendation
The U.S. National Transportation Safety Board recommends collision avoidance systems be standard features on all new vehicle as a matter of public safety.
In a 60-page report released earlier this month, the NTSB said customers shouldn’t have to pay extra for safety.Read more »
BUSINESS June 18, 2015 | 1:42 PM
- Shoppers still attracted to SUVs
- Car and light-truck sales modest
- Top-selling used cars are foreign makes
The top auto manufacturers have reported May results for U.S. sales, and while cars fared better than in past months, SUVS and trucks are still popular with buyers.
Total sales for the month were 1.6 million vehicles, a 1.6% increase from 2014.Read more »
BUSINESS June 17, 2015 | 11:53 AM
- Goal to show what it’s like to be an Uber driver
- App also can be used as recruiting tool
- Uber being investigated in UK
Web-based minicab service Uber wants to show potential drivers and the public what being an Uber driver is like. The company has developed a smartphone app for iOS called UberDRIVE.
The game allows users to pick up passengers and drive through the city. Players are also quizzed on local trivia.Read more »
BUSINESS June 16, 2015 | 2:03 PM
- Virginia roads some of the U.S.’s most congested
- Test supervised by transportation institute
- Many people afraid of autonomous vehicles
Virginia recently became the latest U.S. state to allow the testing of autonomous vehicles on its roads.
The state has approved testing for a 70-mile stretch of highways in Northern Virginia, some of the most-congested roadways in the country. These roads will allow researchers to determine how autonomous cars handle road traffic, traffic jams and construction zones.Read more »
BUSINESS June 15, 2015 | 12:18 PM
- Change affects manufacturing, parts factories
- U.S. automakers making more vehicles with less plants
- Customer demand high for larger vehicles
Ford Motor Co., the second-largest U.S. auto manufacturer, plans to shorten the annual summer shutdown at five of its manufacturing plants and nine stamping and powertrain plants in preparation to produce an extra 40,000 vehicles.
This is the third consecutive year, Ford has shortened its shutdown.Read more »
BUSINESS June 11, 2015 | 1:45 PM
- In the future, sensors would alerts cities where repairs are needed
- Technology available on two models
- Jaguar sees disappointing first quarter
British luxury auto manufacturer Jaguar Land Rover is hoping to make driving a lot smoother and reduce vehicle damage.
The company has developed technology that senses potholes and alerts drivers. It also will be able to sense broken drains and raised manhole covers.Read more »
BUSINESS June 10, 2015 | 2:34 PM
- SUV should be released in autumn
- A software update for Model S to include driver assist
- Tesla to offer battery power to homes, businesses
Tesla Motors Inc., the smallest and youngest publicly held American automaker,will release its long awaited Model X SUV, CEO Elon Musk says, in three to four months.
On order since it was unveiled as a concept car in February 2012, the Model X was originally planned to go into production in 2013 with a scheduled delivery in August 2015. Technical glitches delayed production several times.Read more »
BUSINESS June 9, 2015 | 1:06 PM
- GM says it is cooperating fully with investigators
- Company struggling to regain its image
- GM rejects Fiat merger proposal
The U.S. Justice Department has released an interview it conducted last year with General Motor Co. CEO Mary Barra.
The interview was concerning the company’s ignition-switch problems. The switches slipped out of place, turning off the engine, airbags, power steering and power brakes. GM knew of the issue for a decade but did not issue a recall until 2014.Read more »