Toyota makes a new $394 million bet on flying taxis
Joby also released an image of its prototype aircraft. The vehicle, which looks like an oversized toy drone, sports six electric propellers and is capable of flying 150 miles on a single charge.
Joby also released an image of its prototype aircraft. The vehicle, which looks like an oversized toy drone, sports six electric propellers and is capable of flying 150 miles on a single charge.
The Center for Automotive Research estimates Fiat Chrysler will see the sharpest rise between now and 2023, from $55 per hour to $66 per hour, while GM’s hourly labor cost will rise from $63 to $71 and Ford’s hourly costs will jump from $61 now to $69 in 2023.
The Trump administration has threatened to impose a 25 percent duty on European automotive imports if the UK, France, and Germany don’t formally accuse Iran of breaking a 2015 nuclear pact, the Washington Post reported.
Temporary workers were a sticking point in labor talks between the UAW and GM last year and one of several reasons the union walked out for almost six weeks.
China agreed to increase its purchase of U.S. manufactured goods by $77.7 billion over two years, according to text of the agreement released Wednesday. The manufactured goods include motor vehicles, industrial machinery, electrical equipment, pharmaceutical products, aircraft, iron and steel and optical and medical instruments.
Isuzu will test Honda’s fuel cell powertrain, designed for passenger cars, in its commercial trucks, which could pave the way for using the technology in a wider range of vehicles.
Vincent Cobee, a veteran Renault-Nissan executive, will head Citroen while Beatrice Foucher, a former Renault product director, will lead PSA’s DS upscale brand.
Genesis marked a new milestone with the global unveiling of its first crossover, the GV80, a crucial model that could reel in customers interested in the upstart Korean brand’s value and quality proposition but turned off by its all-sedan lineup.
The EPA and NHTSA submitted proposed rules for 2021 through 2026 model year fuel efficiency to the White House Office of Management and Budget. Final rules are expected as early as late February or March.