NAIAS Detroit Auto Show News
Obama Administration Wants to Spend $4B on Self-Driving Cars
The Obama administration wants to kick the push for driverless cars into high gear -- proposing to spend nearly $4 billion on development over the next decade, Transportation Sec. Anthony Foxx announced today. "We are bullish on automated vehicles," said Foxx, flanked by auto executives at the
Oculus Rift: Toyota Uses Virtual Reality to Teach Distracted Drivers
Oculus Rift hasn't even hit the consumer market yet, but that hasn't stopped developers from creating unique experiences with the virtual reality device. With the Detroit Auto Show underway this week, Toyota unveiled its new TeenDrive365 distracted driving simulator using Oculus. After getting
New Ford CEO Mark Fields Reveals His Embarrassing First Car
At his first Detroit auto show as president and CEO of Ford Motor Co ., Mark Fields has come a long way in the car world since his first set of wheels. On the job for only six months, Fields is spearheading major American car launches at his first Detroit auto show after being chief operating
The Secret Behind How the Car And Truck of the Year Are Chosen
Beside the glitz and shiny toys, one of the Detroit auto show's biggest moments today is an annual award actually has nothing to do with the gathering besides being presented there. The North American Car and Truck of the Year is selected by a select group of automotive journalists from the U.S.
Before Tesla's $5B Gigafactory, There Was GM's EV1
Before Tesla's Model S and its $5 billion battery gigafactory, there was GM's EV1: the first mass-produced electric car, “for people who never want to go to a gas station again.” The year was 1996 and General Motors unveiled the electric car as California tried to reduce auto emissions. The
GM Faulty Ignition Switch Probe Expands
Morning Money Memo… General Motors is facing more questions and potential legal problems over the recall of 1.6 million compact cars for faulty ignition switches. The Justice Department has launched an investigation that could lead to criminal charges. “It’s incredible to me that General...
Of Messages And Metadata
By MICHAEL FALCONE (@michaelpfalcone) NOTABLES OBAMA TO ANNOUNCE END OF NSA’S HOLDING METADATA: President Obama will order a transition today to end the so-called metadata program that collects and stores millions of phone records “as it currently exists,” but the revisions will “preserve the ...
Joe Biden Tells Auto Executive: 'Thank You For Saving Our Ass'
While touring the Detroit Auto Show on Thursday, Vice President Joe Biden had a special message for Bill Ford Jr., the executive chairman of Ford Motor Company. “Thank you for saving our ass,” Biden said to Ford, according to the print pool report. (It was...
Inside The Omnibus
By MICHAEL FALCONE (@michaelpfalcone) NOTABLES HOUSE PASSES $1 TRILLION SPENDING BILL. The House voted in bipartisan fashion yesterday to approve a massive spending package to fund the government through the end of the fiscal year, passing the measure by a vote of 359-67 and likely...