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Continental developing experimental semiautonomous vehicle
Mon, 26 Mar 2012A vehicle that drives itself has been a fantasy for many drivers since they encountered their first traffic jam. While a fully autonomous car is not quite here, Continental—yes, the same company that makes tires—has an experimental semiautonomous vehicle that will eclipse the magical 10,000-miles-on-road mark this month. Its unassuming Volkswagen Passat is fitted with a plethora of safety and technology systems that the company has been developing and tweaking over the course of the project.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
Price Announced For Super-Frugal Hybrid S-Class
Tue, 09 Sep 2014MERCEDES-BENZ has revealed prices for its high-tech S-Class plug-in hybrid model. The car, which boasts 100.9mpg and a 65g/km CO2 rating, will cost from £87,965 when it hits the showrooms later this month. The car is aimed at buyers seeking to combine limousine space with city car running costs.