Air Force’s Agility Prime project seeks a mil-spec flying car

Traveling automobiles have a new title: Organic Resupply Busses, or ORBs, as the Air Pressure puts it. Late very last yr, the U.S. military department declared a software named “Agility Prime” searching for to switch industrial improvements with traveling automobiles into military applications. Set up like a DARPA Challenge, the Air Pressure produced a preliminary solicitation this week for the kinds of automobiles firms can submit for the first stage of Agility Prime — these remaining electrical or hybrid-powered eVTOL plane with autonomous, distant, or onboard-pilot controls.

In the end, the solicitation states the pressure would like an ORB that

Read More

Tenneco board changes draw ire of activist investor

Auto pieces maker Tenneco Inc. shuffled its board Friday in a shift that could provoke a combat with previous Icahn Enterprises government Dan Ninivaggi, who in January demanded the board make extra-sweeping improvements or possibility a proxy battle.

Dennis Letham, a twelve-12 months veteran board member, will grow to be direct director effective April one in a shift that also shifts board member committee obligations, the enterprise reported in a statement Friday. It’s the second transform to Tenneco’s board this month, next a Feb. 5 conclusion to appoint previous Normal Motors CFO Chuck Stevens as a director.

The Lake Forest,

Read More

Coronavirus outbreak is a major wake-up call for U.S. auto industry

But winter season 2020 has shipped an abrupt shock by a extremely contagious virus. Car and pieces vegetation have been mainly idle for weeks.

Baidu’s AI-powered Migration Index implies that only just one-3rd of staff in major metropolitan areas were back to function in the last week of February.

Need for autos has nosedived. Revenue in the first 50 percent of February were down 92 percent, according to the China Automotive Dealers Affiliation. “It is not good to fulfill clients deal with to deal with,” a BYD vendor in Shanghai instructed me last week.

American companies are understandably shaken. My

Read More

Daimler CEO pinches euros to pay for EVs

To prioritize investments exactly where administration sees much better prospects, expending on capital expenses and investigation and advancement are staying capped at a mixed €16 billion for Mercedes. Products expenditures will be decreased by a cumulative 3 % in excess of 3 years, and personnel expenditures are to be lower by more than €1 billion as a result of the close of 2022.

“We have as well numerous vegetation in Germany,” mentioned one particular senior supervisor who declined to be named. “But the works council leaders on our board are regionally elected by workers at their respective plant, so naturally

Read More

VW’s smaller Atlas to take on the segment big boys

WHISTLER, British Columbia — As SUVs and crossovers have come to dominate U.S. automobile profits and autos have developed greater and boxier, Volkswagen thinks a specified subsegment of individuals — roughly 45 per cent — start to attract a mental line in the obtaining sand.

They want significant, but not much too significant. They want boxy, but not much too boxy. They enjoy the cargo area that a 3-row crossover affords when its seats are down, but they’re set off by the idea that a third row may convert their interesting crossover into minimal more than a minivan disguised with

Read More