Intel's $14.7 billion Mobileye deal marks Israel as an autonomous tech hubTue, 14, Mar 2017
Intel to buy autonomous-tech firm Mobileye in $14.7 billion dealMon, 13, Mar 2017
Intel agreed to buy Israeli autonomous-driving technology company Mobileye in a deal valued at $14.7 billion. Mobileye accounts for 70 percent of the global market for advanced driver-assistance and anti-collision systems.
Mobileye exec predicts faster-than-expected uptake of driver assist technologyWed, 21, Dec 2016
Mobileye executive Itay Gat believes developing self-driving cars is the automotive equivalent of putting a man on the moon. Despite the challenges, he expects fully autonomous vehicles to be a reality within five years, as he explained to Automotive News Europe.
Skoda CEO says U.S. launch not a priorityThu, 29, Sep 2016
VW sets up cybersecurity firm with ex-Israeli spy chiefWed, 14, Sep 2016
Volkswagen is forming a company with the former head of Israel's Shin Bet intelligence agency to develop cybersecurity systems for Internet-connected cars and self-driving vehicles, the partners said in a statement today.
NSX returns to Japan as an American hybrid importWed, 24, Aug 2016
Middle Eastern consumers are overlooked, dealers are toldMon, 08, Aug 2016
Dealers and auto companies without a strategy to court consumers of Middle Eastern descent are missing an opportunity to grow their customer base, said the vice president of diversity and inclusion at IHS Markit.
Audi considers move into IranMon, 18, Jan 2016
Ford expects 2015 pretax profit to set record, says '16 may be even betterTue, 12, Jan 2016
Ford said it earned a record pretax profit of at least $10.5 billion in 2015 and that it would match or beat that result in 2016. It also said it would return $1 billion to shareholders in the form of a special 25-cent-per-share dividend, but the news failed to halt a three-month decline in the automaker's stock price.
VW, others explore return to Iran after nuclear sanctions liftThu, 16, Jul 2015
Volkswagen and other European automakers have taken the first steps to entering Iran after the Islamic Republic's nuclear accord with the West pointed to an easing of economic sanctions that have prevented carmakers from doing business in the country.