Estimated 3,000 Classic and Collector Vehicles at Dana Mecum's 37th Original Spring Classic May 10-18
Dana Mecums Original Spring Classic is Mecums second-largest annual collector car auction, with the 2023 iteration achieving %24113 million in total sales. This years return to the Indiana State Fairgrounds for the events 37th year will take place......
Toyota Ventures Raises Another $300 Million to Expand Early-Stage Investments in Frontier Technology and Climate Solutions
Toyota Ventures Raises Another $300 Million to Expand Early-Stage Investments in Frontier Technology and Climate Solutions Toyota Ventures, the early-stage venture capital arm of Toyota, announced two %24150 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation. The addition of the new......
Tesla Cyberbeast Sets New Auction Record, Sells for $262,500
Tesla Cyberbeast Sets New Auction Record, Sells for $262,500 Teslas latest marvel, the Cyberbeast, made its auction debut in an online event, exclusively through Sothebys Motorsport (SOMO). The auction, open for bidding through 9 April 2024, presented a unique opportunity for collectors and enthusiasts to......
Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services
Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) today unveiled the new design of their DAL-e Delivery robot with images and a video clip (URL). This robot, based on the delivery robot introduced in December 2022, is expected to improve......
Hyundai IONIQ 5 Robotaxi Passes Driver's License Test to Demonstrate 'Uncompromised Safety'
Hyundai IONIQ 5 Robotaxi Passes Driver's License Test to Demonstrate 'Uncompromised Safety' Hyundai Motor Company has released a campaign film showing the all-electric, self-driving IONIQ 5 robotaxi successfully completing a process similar to a U.S. drivers license test. Created to convey the safety and trustworthiness of the IONIQ......
Sumitomo's intelligent new sensor detects loose wheel nuts to reduce the risk of run away wheel accidents
Sumitomo's intelligent new sensor detects loose wheel nuts to reduce the risk of run away wheel accidents Sumitomo Rubber Industries (SRI), the maker of Falken Tyres, continues to develop its SENSING CORE intelligent tyre technology with a new wheel detachment function set to reach production vehicles for the first time this year. SENSING CORE is a flexible,......
Nissan launches The Arc business plan to drive value and enhance competitiveness and profitability
Nissan Motor Co., Ltd, today launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing,......
Strong today, strong tomorrow: BMW Group maintains course for successful future, building on strong 2023
I Strong products, strong demand, strong results Following a successful 2023, in which the Automotive Segment reported its highest-ever operating result, the BMW Group aims to continue on its profitable growth course in the current financial......
Volkswagen ADMT announces agreement with Mobileye for autonomous driving
Volkswagen ADMT announces agreement with Mobileye for autonomous driving Autonomous driving is coming. Following an extensive road testing pilot phase in Germany and the USA, Volkswagen ADMT GmbH, a Volkswagen AG organization, is announcing a cooperation agreement with the Israeli technology company Mobileye Global Inc.......
Volkswagen Commercial Vehicles increases sales revenue, profit and return in 2023 and will launch model offensive in 2024
Volkswagen Commercial Vehicles (VWCV) significantly increased its annual profit for the third consecutive year, achieving a record value of 873 million euros (previous year 529 million euros). Year-on-year sales revenue increased by more than 30......
Automated driving: Volkswagen Group intensifies collaboration with Mobileye
Automated driving: Volkswagen Group intensifies collaboration with Mobileye The Volkswagen Group is welcoming further strategic collaboration and significantly accelerating its development efforts in the field of automated and autonomous driving. Now, Volkswagen is intensifying its partnership with Mobileye in the domain......
One of the Rarest Competition-Bred 300 SL Alloy Gullwings to Be Sold through Sealed Bid with RM Sotheby's and Mercedes-Benz Classic Center
One of the Rarest Competition-Bred 300 SL Alloy Gullwings to Be Sold through Sealed Bid with RM Sotheby's and Mercedes-Benz Classic CenterConsidered to be an absolute masterpiece by Mercedes-Benz and one of the most original, purest examples of the mere 29 300 SL Alloy Competition prepared examples in existence, this chassis number 5500332 is currently open for bidding on Sothebys Sealed......
Lamborghini 350 GT returns to Geneva 60 years after its debut
Lamborghini 350 GT returns to Geneva 60 years after its debut In March 1964, Automobili Lamborghini was still in its infancy. Established just a few months previously, it had presented its first prototype in October 1963, known as the 350 GTV and designed by Franco Scaglione and built at Carrozzeria Sargiotto......