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Trump budget plan dismiss energy grants and auto loan program

U.S. administration proposed this week discharging Energy Department loan programs and some research funding for energy-efficient technology and electric vehicle development at three carmakers since the industry is changing course to electric and self-driving vehicles. Draft of the budget proposal of the White House administration ending the Advanced Research Projects Agency-Energy, or ARPA-e, program, which

Takata admit guilt, and will pay $1 billion settlement to car owners and producers

Takata Corp. admitted guilt this Monday on the federal court as part of a billion settlement. This will include establishing compensation funds for automakers and victims of its faulty airbag inflators.  U.S. vehicle owners also filed the complaints against Honda Motor Co., Nissan Motor Co., BMW AG, Ford Motor Co., Mazda Motor Corp. and other

Trump is continuing meetings with auto industry executives

President Donald Trump meet with the executives of the most important auto makers, to discuss about his policies. Business community is reacting differently on Trumps decisions. On the meeting was present General Motors CEO Mary Barra, Tesla CEO Elon Musk and several other top executives of major U.S. companies. Business leaders stated after the meeting

Ford expands fleet of self-driving test cars

Ford enrichened its test fleet with twenty new Ford Fusions, equipped with more self-driving technology that the vehicles used until now for those purposes. New vehicles in the fleet which until now consisted of ten autonomous Fusion Hybrids, have more advanced driverless technology and reduced hardware. Information that Ford Motor Co. expanded its pool of

New generation Ford Fiesta subcompact sedan coming in 2018

New generation of the Ford Fiesta subcompact sedan will be presented in Germany next Tuesday. Ford Motor Co. also planning to present update of its smart mobility strategy. As Ford marketed Smart Mobility is about finding new ways to get around, and it will be interested to see what will be the updates of new

By |2018-11-30T15:57:33+00:00November 25th, 2016|Categories: Ford|Tags: , , |0 Comments
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