VENTURE CAPITAL POST

Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.

Volkswagen reaches $1-billion deal on the last diesel cars caught in emissions scandal

2016 is almost over and here are some of the great car deals to offer for you.

Apple is urging the US government to open its mind towards the advantage of self-driving cars.

To widen both of their horizons in car manufacturing, Toyota and Suzuki ties up for a business exploration ventures.

Ayala Corporation, the largest business group by assets in the Philippines has already acquired certain stake in the automotive industry through IMI. Now, the conglomerate eyes to expand its dominance over the industry in line with a comprehensive program naming CARS. With support from the program, Ayala will go for manufacturing local car brand along with spare parts production facility.

Toyota Motor Corp. will display its latest vehicle from the Higlander Series. It will be unveiled on March 23 at the 2016 New York International Auto Show. The Highlander's performance and efficiency is boosted with the combination of new engine and transmission.

Toyota has been working with the local government along with Toshiba Corp. and Iwatani Corp. regarding hydrogen fuel cell. Hydrogen will be taken from the wind-power plant in Yokohama Hama Wing that will be compressed and delivered by a truck.

Ford announced that the company will devote more resources to develop semi-autonomous driving technologies, as they aim to invest triple the amount of investment in the technologies. Some of Ford's cars already have some semi-autonomous technology in them, as with the updated version of Ford Kuga unveiled along with the announcement.

If you always forget your car keys, don't worry because Volvo has an innovative way to solve your problem. By 2017, the car maker will unveil its commercially-available cars installed with the digital car key technology to access your car and drive it even without a physical key with the help of a smartphone.

General Motors discontinued and then sold its Saab and Saturn brands. Ironically, it made an announcement today that these cars from both brands consist of parts that could explode from the Takata airbag. The said cars’ manufacturing date was way back 2003 and a total of 180,000 vehicles are recalled in the U.S. while 20,000 units are from Canada.

The statement came from Baidu's senior vice president Wang Jing. He believes that Baidu has some advantage over other car makers, especially local knowledge. The company has already invested a lot in the development of AI, that could help the development of autonomous cars.

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.

Forbes revealed the ten most expensive cars in the world. These luxurious vehicles are most likely owned and can be afford by the one percent of the world population.