Today on CBTNews.com – Thursday, August 1st, 2019:
In today’s edition of CBT News, Jim Fitzpatrick sits down with Alex Damoorgian, President and General Manager at Mike Maroone Chevrolet North and Mike Maroone Volkswagen, to discuss technology and digital retailing and how Alex uses it to benefit his dealership. Watch Now
With the continuing advances in electric vehicles (EVs), it comes as no surprise that some manufacturers decide it is a good idea to work together. What is a surprise, however, is that BMW and Jaguar Land Rover (JLR) are the latest to announce plans that they will be teaming up to develop “electric motors, transmissions, and power electronics as part of an effort to reduce costs.” This comes almost two decades after BMW sold Rover Cars to a venture firm in the UK, which was not well-received by many back then. Nevertheless, it appears the two companies have patched up their relationship and are willing to dive into the EV industry together. Read More
The sixth annual Automated Vehicles Symposium was held last week in Orlando, Florida from July 15th to 18th. It’s a hotbed for discussion among industry leaders, researchers, and policymakers revolving around autonomous tech. Whether the general public sees driverless cars on roads currently or not, there are advances being made in autonomous technology. The general consensus among industry professionals is that implementation for full level-5 self-driving cars is probably a decade away or more. Tech companies alongside carmakers are working hard to develop the technology though major investments. Read More