NHTSA Streamlines Autonomous Vehicle Approvals
Posted on Dec 20, 2018 in Uncategorized | Comments Off on NHTSA Streamlines Autonomous Vehicle Approvals
On December 18, 2018, the US National Highway Traffic Safety Administration (NHTSA) said it issued a final regulation streamlining the review process. NHTSA eliminated a requirement that calls for the agency to determine that a petition is complete before publishing a summary for public comment. Deputy NHTSA Administrator Heidi King said in a statement that the “rule improves both the...
Honda Looking for Business Partners Regarding Autonomous Work Vehicle
Posted on Dec 19, 2018 in Uncategorized | Comments Off on Honda Looking for Business Partners Regarding Autonomous Work Vehicle
Honda will be seeking potential business and technology partners for its prototype off-road vehicle, the Honda Autonomous Work Vehicle, at CES 2019. Combining Honda’s all-terrain vehicle (ATV) and emerging advanced autonomous technology, the Autonomous Work Vehicle was designed by Honda R&D Americas to enhance efficiency and safety for public, commercial and consumer enterprises....
Autonomous Trucks Could Radically Transform US Logistics Within a Decade
Posted on Dec 13, 2018 in Uncategorized | Comments Off on Autonomous Trucks Could Radically Transform US Logistics Within a Decade
McKinsey & Company, a global logistics think tank based in the United States and Europe, predicts that in about eight years autonomous trucks with no humans on board could be routinely operating in North America. That finding is the first of a five-part report on near-term technological disruption in global logistics. The report’s look at autonomous truck trends notes that trucking...
How GM, Ford and Volkswagen Are Reacting to the Electric Car Revolution
Posted on Dec 11, 2018 in Uncategorized | Comments Off on How GM, Ford and Volkswagen Are Reacting to the Electric Car Revolution
Conventional wisdom says the only constant in life is change. Those who create change often think their innovations will be permanent, but they never are. The auto industry has enjoyed a long and successful history of building vehicles powered by internal combustion engines. Many car company executives assumed the merry-go-round ride would never end. Then along came Tesla and suddenly...
Subprime Auto Lending Hits 11-Year Low
Posted on Dec 6, 2018 in Uncategorized | Comments Off on Subprime Auto Lending Hits 11-Year Low
Despite an increase in subprime loan volume in the third quarter, auto loans to consumers with the riskiest credit histories hit their lowest overall share of the market in 11 years, according to Experian. Subprime and deep subprime originations accounted for 21.19% of the total auto loan origination market, down 1.5% from the year earlier, Experian said in its latest report, released...
