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Industry Happenings

China’s Tencent Holdings Purchased 5 Percent Stake In Tesla

China’s Tencent Holdings Ltd has purchased a 5 percent stake in Tesla for $1.78 billion, marking the latest investment by a Chinese internet company in the potentially lucrative market of self-driving vehicles and related services.

March 29, 2017
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Supreme Court Patent Case Could Benefit The Auto Industry

The result of a Supreme Court case between two food companies has the potential to benefit the auto industry and its technology suppliers.

March 28, 2017
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Mar
22
2017
Uber Details Early Steps To Change Company Culture

As part of its commitment to fix its corporate culture, the company plans to outline diversity goals and publish the results of a sexual harassment investigation over the coming weeks.

March 22, 2017
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Mar
16
2017
Three People Charged In Alleged Scam Using Credit Applications Stolen From Dealership

Detectives with the Portland Police Bureau (PPB) have arrested a 29-year-old in connection with an identity theft investigation, seizing stolen items and drugs in the process.

March 16, 2017
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Mar
15
2017
Does Google Use Chrome Data For New URLs?

A new study by Stone Temple Consulting is supporting Google’s claim that it doesn’t use Chrome browser data to discover new URLs.

March 15, 2017
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Tesla Owners Waiting Months For Repaired Cars

The Economist reports that Tesla makes many of the vehicle parts in house. That means that their manufacturing plant has to keep up with demand, and the over 80,000 cars that Tesla produced in 2016.

March 13, 2017
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Volkswagen Pleads Guilty In Diesel Emissions Scandal

Volkswagen has plead guilty to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker’s diesel emissions scandal.

March 10, 2017
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WikiLeaks Documents Illustrate CIA Concerns Over Connected Car Security Vulnerabilities

WikiLeaks documents indicate that the CIA considered a “mission” against connected car technology, thereby underscoring auto industry concerns that the science behind the next generation of vehicles could lead to attacks from hackers.

March 9, 2017
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First Look At The 2017 Geneva Motor Show

The 2017 Geneva Motor Show is now underway, and many exciting vehicles have already been unveiled.

March 8, 2017
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Embark Unveils Self-Driving Truck Technology

Self-driving truck startup Embark has unveiled its technology for the first time, using neural networks and deep learning to teach trucks how to drive themselves through their own processes of practice and trial and error.

March 7, 2017
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Ride-Sharing Services Open Up New Marketing Opportunities For Local Businesses

As the use of ride-sharing services continues to grow, Uber and Lyft are testing programs that could pose further threats to dealerships and their traditional vehicle sales models, while opening up potential new marketing opportunities for local businesses.

March 7, 2017
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General Motors Is Selling Opel To PSA Because Of Changing Landscape In Europe

General Motors says it decided to sell Opel to PSA because the changing geo-political and regulatory climate in Europe demands more investment

March 6, 2017
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