PSA/Peugeot-Citroen will seek further plant cuts from French unions to reduce overcapacity, CEO Philippe Varin said. Varin said that production line shutdowns were “exactly the discussion we are having” but said he would present cutbacks to unions before announcing details.
Continental CEO Elmar Degenhart: The IBM partnership could ‘create the foundation for a new generation of intelligent networked vehicles.’
Mercedes-Benz S-Class INTELLIGENT DRIVE drives autonomously in the tracks of Bertha Benz
Stuttgart. When it sent its S 500 INTELLIGENT DRIVE research vehicle along a historic route in August 2013, Mercedes-Benz became the first motor manufacturer to demonstrate the feasibility of autonomous driving on both interurban and urban routes.
Volkswagen Group outlined plans to offer as many as 40 electric or hybrid vehicles in a bet that customers will have enough confidence to shift to low-emission models.
Toyota is recalling 880,584 RAV4 SUVs and Lexus HS 250h sedans in the U.S. and Canada because a repair announced last year may not have solved a safety problem.
