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CES: Welcome to the four-ringed, self-driving future
Tue, 08 Jan 2013According to Ricky Hudi, the head of electronics development at Audi, "Ninety percent of automotive innovations today are due to electronics." He should know. He's working on that final piece of the puzzle that elevates our Traffic Assist and Lane Assist and Park Assist and Whiz-Bang Assist into a cohesive package that, yes, gives us the self-driving cars our commuters and slackers have always wanted. Audi believes that we will be saved by technology.
Chrysler is set to invest $500 million in Toledo Jeep assembly plant
Wed, 16 Nov 2011Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.
Used car values look strong for 2014
Mon, 16 Dec 2013THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.