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April 19, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Pressure Mounts as VW Faces Crucial Deadlines
Three Stages Before Cars are Fully Self Driving
The Detroit News: Detroit Craves Silicon Valley Speed, Innovation
Hyundai, Cisco to Team Up on Connected-Car Tech
Detroit Three in Cuba: Close, No Cigar Yet
Top Stories
Pressure Mounts as VW Faces Crucial Deadlines

Normally Volkswagen Group would be gearing up to publish its first-quarter results this week. But the world’s second largest automaker hasn’t known "normal" since it admitted in late September that up to 11 million of its diesel cars worldwide had been rigged to cheat emissions tests. Instead VW has postponed publication of the results until May 31 to prepare for its moment of truth. More than six months has expired since the company was plunged into its emissions crisis. The automaker's response has largely been to stall for time: asking for patience as it aims to find a technical solution for a U.S. recall of affected vehicles and seeks to uncover which of its employees were responsible for the cheating. With three major dates and deadlines looming, Metzler Bank analyst Juergen Pieper called April the "month of decisions" for Volkswagen, when shareholders should finally receive clarity over future risks from the scandal.
Source: Automotive News

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Three Stages Before Cars are Fully Self Driving

It's been the dream of science-fiction fans for more than half a century: You get in your car in the morning and say, "Take me to work," and it automatically backs you out of the driveway and does exactly that — all on its own. When it gets to your office, it drops you off at the front door and then continues on its own into the parking garage. More than just gee-whiz technology or a mere convenience, autonomy is seen as a means to minimize motor vehicle accidents, decrease traffic congestion and improve efficiency, which is why governments the world over are encouraging and enabling its development. Right now, automakers truly are on the cusp of the kind of automation that signals that the future has arrived, one in which a car actually makes all of the decisions about travel, and it all works flawlessly. But the question remains: When can I buy a truly autonomous car, one that only needs me to tell it where to go?
Source: Cars.com

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The Detroit News: Detroit Craves Silicon Valley Speed, Innovation
By Daniel Howes

If General Motors Co. and Ford Motor Co. get their way, the road they’re traveling more frequently to Silicon Valley will become a two-way street. “We’re looking for that innovative mindset through the total business,” says Raj Nair, Ford’s executive vice president of product development. “It’s just as critical to the core business as it is to these emerging opportunities. I wouldn’t say there is a sense of panic, but there is a sense of urgency and speed.” There they are, the three words signifying what today’s Detroit industry is craving most from Silicon Valley’s entrepreneurial culture — innovation, urgency and speed.
Source: The Detroit News

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Hyundai, Cisco to Team Up on Connected-Car Tech

Hyundai Motor Co. said today that it will partner with Cisco Systems to develop connected-car technology, part of the automaker's push to develop "high-performing computers on wheels." Auto and tech firms are increasingly forming alliances to expand services that hook cars up to Internet, particularly as the race to develop self-driving cars heats up. Hyundai said Vice Chairman Chung Eui-sun met Cisco CEO Chuck Robbins in Seoul and agreed to co-develop in-vehicle network technology for high-speed transfer of large amounts of data. "The cooperation is part of Hyundai Motor's wider strategy to establish an industry-leading connected car platform through collaboration with leading technology partners," it said in a statement.
Source: Reuters

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Detroit Three in Cuba: Close, No Cigar Yet

Cuba’s ancient fleet of cars has fascinated American car buffs for decades and replacing it represents both an opportunity and a blank slate for enterprising automakers. But while American car companies don’t yet appear to be in any hurry to reclaim territory they once ruled with robust style, they are reacting with measured optimism over President Obama’s efforts to normalize Cuban-American relations. General Motors, Ford and Fiat Chrysler Automobiles all say they are window shopping a country potentially on the verge of rapid economic development.
Source: WardsAuto

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          Quotable
          "We’re looking for that innovative mindset through the total business. It’s just as critical to the core business as it is to these emerging opportunities. I wouldn’t say there is a sense of panic, but there is a sense of urgency and speed."

             ---  Raj Nair, Ford’s executive vice president of product development, commenting on the future of the automotive industry, The Detroit News, April 19

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