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Hyundai Motor hires former GM researcher to lead self-driving car center

February 13, 2017 by · Leave a Comment 

Hyundai Motor Group has hired a former General Motors researcher to oversee its center to develop fully autonomous vehicles, joining other automakers and Silicon Valley giants in accelerating efforts on the fast-growing technology. Lee Jin-woo, 47, who has previously led autonomous driving …

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Hyundai Motor hires former GM researcher to lead self-driving car center

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Auto CEOs want Trump to order review of 2025 fuel rules

February 13, 2017 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025. In a letter sent late Friday and viewed by Reuters, the chief executives of General Motors Co , Ford Motor Co, Fiat Chrysler Automobiles NV, along with the top North American executives at Toyota Motor Corp…

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Auto CEOs want Trump to order review of 2025 fuel rules

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Australian banks narrow focus of Apple Pay collective bargaining request

February 13, 2017 by · Leave a Comment 

By Jamie Freed SYDNEY (Reuters) – Australian banks seeking permission from the country's competition regulator to bargain collectively with Apple Inc over its mobile payment system said on Monday they will focus on gaining access to the U.S. tech company's contactless payment function, removing the fees Apple charges as a bone of contention. Commonwealth Bank of Australia , Westpac Banking Corp , National Australia Bank Ltd and Bendigo & Adelaide Bank Ltd command two-thirds of Australia&#…

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Australian banks narrow focus of Apple Pay collective bargaining request