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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

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Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Green Car Congress

Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% of all Volvo cars sold globally during the month. Sales of fully electric cars increased by 229.5% In the first two months of the year, Volvo Cars sold 89,628 cars, a decline by 18.8%

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Consumer Reports calls for major safety improvements across auto industry after NTSB findings in Tesla investigation

Green Car Congress

The evidence is clear, and continuing to pile up, that if a car makes it easier for people to take their attention off the road, they’re going to do so—with potentially deadly consequences. —Ethan Douglas, senior policy analyst for cars and product safety at Consumer Reports. Earlier post.)

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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. —“CARS 2020”. The car sector will also face a similar trend.

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Automakers' Protests Against AM Radio Have Always Been About Money

The Truth About Cars

The Drive reported that the Center for Automotive Research and the Alliance for Automotive Innovation released a joint document arguing against keeping AM radio in cars, following the bipartisan AM Radio for Every Vehicle Act of 2023. The good news for AM radio is that the auto industry appears poised to lose its fight.

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Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%

Green Car Congress

Volvo Cars reported sales of 58,677 cars worldwide in March, a decline by 22.1% During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. to 12,378 cars in March.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

The report, which analyzes global patent activity in the field of self-driving automobiles over the last five years, identifies the global leaders in the development of the technologies and also makes predictions about the future of driverless cars. Source: Thomson Reuters. Click to enlarge. Source: Thomson Reuters. Click to enlarge.