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Tag Archives: cars

AUTO TECH

Cadillac will be the first brand to bring vehicle-to-vehicle (V2V) communication technology to production with its 2017 CTS mid-size sedan. It’s a first step to self-driving cars.

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TRADING CARS

22% of people traded in their hybrids and electric vehicles for an SUV this year, up sharply from last year, and doubling the rate of three years ago. So-called loyalty rates for alternative-fuel vehicles have fallen below 50% due to the lower price of gas, according to Edmunds.com.

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FUEL EFFICIENT LOAN PROGRAM REVIVED

The U.S. Department of Energy (DOE) revived a controversial loan program meant to help automakers and their supply chain finance investments in fuel-efficient vehicles. DOE, announced a $259 million loan to Alcoa Inc. The company will produce high-strength aluminum for North American automakers looking to reduce the weight of vehicles.

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TECH TRENDS

Apple CEO Tim Cook gave an update on the one-year old Apple product called CarPlay. CarPlay is software automakers install in the infotainment system. It allows a connected iPhone to take over the dashboard display, allowing users to interact with audio-streaming services, messages, maps and other iPhone functions.

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CAR TECH

Internet connectivity is really catching on with the younger the car buyers, according to McKinsey. 65 percent of 18-34 year olds surveyed considered connectivity an important factor to consider when buying a vehicle. That compares with 43 percent for those ages 35-54 years old, and just 18 percent for those 55-74 years old.

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