DETROIT -- Lear Corp. CEO Matt Simoncini believes a new design and innovation center opened here last week will give the company an advantage as a supplier and designer of advanced seating and electronics technologies. The center, housed in a 129-year-old former cigar factory that Lear bought and refurbished for $10 million, will serve as a design center and technology incubator.
Chinese technology company LeEco on Wednesday made an inauspicious entry into the race to develop self-driving electric cars when its prototype car could not make it down the runway during an introduction in San Francisco. Le Holdings Co. planned to unveil its self-driving car prototype as part of a splashy U.S. launch for an array of technology products and services, including phones, televisions and entertainment production.
An attendee at a recent dealer meeting appears to have revealed the first public look at Jeep's upcoming Grand Wagoneer as well as confirmed how closely the redesigned 2018 Jeep Wrangler will stick to the off-roader's current styling.
Maserati has delayed its Alfieri sports car until 2020, according to a new report.
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