August U.S. auto sales will be 5.2 percent below a year ago, adding to evidence that the peak of industry sales was in 2015, consultancies J.D. Power and LMC Automotive said on Thursday. "With mixed economic signals, it certainly looks like U.S. auto sales may have peaked in 2015," said Jeff Schuster, head of forecasting at LMC. The consultancies said they expect August U.S. total auto sales of 1,492,700 vehicles, from 1,574,938 a year earlier.
By Paul Lienert HOLLAND, Mich. (Reuters) – With self-driving cars expected on the road within three to five years, French supplier Faurecia SA is focusing on the cabin of future autonomous cars. Faurecia, partly owned by French automaker Peugeot Citroen, is one of the world's largest suppliers of automotive seats and interiors. It envisions next-generation cockpits for "new behaviors, when vehicles are no longer designed solely for driving," said Matt Benson, head of ventures and advanced innovation at the company's xWorks operation in a former furniture factory in this small city in western Michigan.
Loyal owners of Volkswagen diesel cars understandably felt betrayed when they learned the German automaker had rigged the testing process to bypass U.S. emissions standards. But many are having a change of heart after learning how much VW will pay them to turn in their cars.
(Reuters) – Amazon.com on Thursday launched Amazon Vehicles, an online platform for users to research on cars, auto parts and accessories. The platform will include specifications, images and reviews on Amazon.com for a large number of car models, ranging from Tesla Motors' 2014 Model S to the iconic Ford Mustang 1965. Amazon Vehicles would be an extension of the existing Amazon Automotive store, the company said.
Other automakers and suppliers previously have targeted 2020-2021 for initial deployment of fully automated, or Level 4, vehicles that require no human driver. Mobileye, a key supplier of vision-based sensing systems, and Delphi, a provider of automotive safety systems, said they plan to begin testing a jointly developed turn-key system for self-driving cars early next year. Mobileye's U.S.-listed shares were up 8.3 percent at $50.42 in mid-day trading, while Delphi's shares rose 3.2 percent to $67.15.
(Reuters) – Israeli driving assistant software maker Mobileye NV said on Tuesday it was developing a self-driving system with Delphi Automotive Plc that will be ready for production by 2019. Mobileye had cut its ties with Tesla Motors Inc last month after the electric carmaker's autopilot system faced scrutiny from regulators following a fatal accident in early May. Tesla's autopilot system uses EyeQ chips from Mobileye to help with image analysis for steering and staying in lanes. Mobileye and Delphi said their technology would cater to automakers that may not necessarily want to develop their own self-driving systems.
Auto parts and electronics company Delphi Automotive is joining with Israeli software maker Mobileye to develop the building blocks for a fully autonomous car in about two years. The companies announced …