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AutoZone’s quarterly profit beats estimates on demand for car parts – ET Auto

Baua Electric

AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive , rose 3.5%

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Ineos drives towards hydrogen car future – ET Auto

Baua Electric

Hydrogen cars work thanks to the cleanest form of the gas combining with oxygen in a fuel cell to generate electricity. Making the demonstrator car was “a really obvious thing” to do, the company’s chief executive Lynn Calder told journalists at the unveiling this week. Is the car “for tomorrow?

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Govt EVs misregistered, used as pvt cars: Cabbies – ET Auto

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Officials at the Panaji RTO, however, told TOI that there is no way of detecting vehicles that are being registered as private cars being used for commercial purposes. The taxi operators have demanded immediate corrective measures.

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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The agreement came amid the growing market for connected cars in China.

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Germany’s Vay launches remote-driven car service in Las Vegas – ET Auto

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German remote-driving startup Vay said on Wednesday it had launched its first commercial service in Las Vegas where a “teledriver”, or remote driver, delivers electric short-term rental cars to customers then collects them after the rental. Unlike autonomous vehicles , it relies on a remote human driver.

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In the driver’s seat of driverless cars – ET Auto

Baua Electric

Musk has been struggling to lay his hands on enormous amounts of data to feed AI in cars to be able to drive themselves. Elon Musk ‘s vision for personal mobility is cars running on clean fuel and driving themselves. The second part of his vision – driverless cars – is still elusive.

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Mitsubishi Motors told to pay USD 1 bn over US car crash – ET Auto

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billion in damages over a 2017 car accident in the United States, adding that it will appeal. Amagasu lost control of his car while overtaking and as the vehicle rolled over the seatbelt failed to constrain him properly, according to US media reports.