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Automakers

Automakers warn US tariffs will cost hundreds of thousands of jobs, hike prices

WASHINGTON: Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars. A coalition representing major foreign automakers including Toyota Motor, Volkswagen, BMW, and Hyundai Motor, said the tariffs would harm automakers and U.S. consumers. The administration in May launched an investigation into whether imported…

Japan automakers look to robots to keep elderly on the move

TOKYO: Japanese automakers are looking beyond the industry trend to develop self-driving cars and turning their attention to robots to help keep the country's rapidly graying society on the move. Toyota said it saw the possibility of becoming a mass producer of robots to help the elderly in a country whose population is ageing faster than the rest of the world as the birthrate decreases. The country's changing demographics place its automakers in a unique situation. Along with the issues usually associated with falling…

Microsoft to help automakers develop connected cars

Many automakers that ushered in an era of incredible disruption nearly a century ago now face disruption themselves from four modern forces — connected, autonomous, shared and electric cars. The infrastructure and scale required to build a connected car is incredibly complicated, expensive and resource intensive. It is a software challenge and the main obstacle is integrating the complex cloud technology required to deliver next-generation driving experiences. Microsoft at the recently held Consumer Electronics Show in…

Automakers, suppliers team up to share costs of self-driving cars

LAS VEGAS: Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers, as the race to put such vehicles on the road separates companies that can go it alone from those that need help sharing the financial and technical burdens. While some companies, such as Tesla Motors, General Motors and Ford Motor, are trying to develop proprietary driverless systems, a larger group of automakers appears to have decided it makes more sense to develop…