German supplier Robert Bosch signed a partnership deal with WeRide, a Guangzhou-based autonomous driving technology provider, to develop software enabling autonomous driving functions for passenger vehicle makers in China.  Vehicles equipped with the software can deliver SAE Level 2-3 advanced intelligent driving experiences on urban, highway, and elevated roads in China, Bosch said this week.
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Bloomberg | Bloomberg | Getty Images One of the best car-shopping weekends pre-pandemic is more of a dud these days. Amid the auto industry’s manufacturing challenges due to persisting supply-chain issues, Memorial Day sales are generally minimal to nonexistent this year. “It’s looking pretty bleak, to be straightforward about it,” said Ivan Drury, senior manager
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TOKYO — Toyota cut its global production plan for June for the second time this week and signaled its full-year output estimate could be lowered, highlighting the pain from the supply-chain crunch and China lockdown. Global automakers’ production has been hit by the microchip shortage and also by China’s COVID-19 lockdowns. The reduction by Toyota –
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6:42 AM ET Former Formula One chief Bernie Ecclestone denied on Friday he had been arrested in Brazil and said an illegal gun found in his luggage before boarding a flight was never used and had no ammunition. The 91-year-old Briton, now in Portugal, told Reuters a “silly, tiny little incident” had caused a lot
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