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UK to fund green, autonomous cars
British Finance Minister Philip Hammond announced on Wednesday that 390 million pounds ($484 million) of funding would be allocated to boost the development of low-emission and autonomous vehicles.
Delivering his first budget statement to parliament, Hammond also announced support for electric vehicle infrastructure. He announced a 100 percent first-year capital allowance for the installation of electric vehicle charging stations.
He added that the funding would "build on our competitive advantage in low emission vehicles and the development of connected autonomous vehicles".
Toyota recalls 834k Sienna in N. America
Toyota Motor Corp is recalling 834,000 Sienna minivans in North America. The recall involves Sienna minivans from the 2011-16 model years. More than 740,000 of the minivans were sold in the US.
Toyota says the doors experience a defect when opening is impeded and the motor's circuit is overloaded. If the door is unlatched, it could open while the minivan is driving. Toyota will repair the doors for free. It is still developing a remedy for the problem.
EVCard calls for safe driving in proposal
A Drive Safely Proposal was launched through the EVCard electric car time sharing platform in Shanghai on Nov 9 by Global Car Sharing & Rental Co Ltd in cooperation with the People's Insurance Company of China, China Pacific Insurance (Group) Co and China's Insurance.
Their strategic agreements will promote the use of electric car rental services by providing EVCard users with comprehensive insurance services that waive the drivers' car damage liabilities.
Fiat: Trump will be auto 'game changer'
US President-elect Donald Trump's critical stance toward free trade could affect Fiat Chrysler Automobiles NV's business in North America, according to the Italian automaker's chief CEO Sergio Marchionne.
"I think that there are a number of conditions in the US which are not yet spelled out," Marchionne said in Cassino, Italy.
Statements Trump has made about trade are "a big issue" because of the North American Free Trade Agreement's impact on Fiat's operations in the United States, Mexico and Canada. Trump frequently slammed NAFTA, describing it as the worst deal ever and blaming it for US job losses.
Motoring - Agencies
(China Daily 11/28/2016 page19)
