By Reuters Staff
1 Min Read
WASHINGTON, May 27 (Reuters) - Tesla’s decision to remove radar sensors from two of its U.S. vehicles has cost it top safety ratings from a widely-followed insurance industry group and the influential Consumer Reports magazine.
The Insurance Institute for Highway Safety also plans to remove the Model 3’s Top Safety Pick+ designation, Consumer Reports said.
The National Highway Traffic Safety Administration said Wednesday newer Tesla Model 3 and Model Y vehicles will no longer be labeled as having some advanced safety features after the automaker said it was removing radar sensors to transition to a camera-based Autopilot system. (Reporting by David Shepardson Editing by Chris Reese)
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BEIJING, May 27 (Reuters) - BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over how they handle information from vehicles.
Cars are being fitted with an ever-increasing array of sensors and cameras to assist drivers.
But the data they generate can also be used by manufacturers to help develop new technologies, such as autonomous driving systems, raising privacy and security concerns, particularly when the information might be sent abroad.
Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two people close to the South Korean automaker told Reuters.
Aramis Group, which sells second-hand cars online, said on Wednesday it had taken a first step towards an initial public offering (IPO) in Paris, in a sign that stock market listings in France are beginning to pick up pace.