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Level 3 Autonomous Car Announced
The Audi A8: the World's First Production Car to Achieve Level 3 Autonomy
Level 3 means the driver needn’t supervise things at all, so long as the car stays within guidelines. Here that involves driving no faster than 60 kilometers per hour (37 mph), which is why Audi calls the feature AI Traffic Jam Pilot.
from The Audi A8: the World's First Production Car to Achieve Level 3 Autonomy - IEEE Spectrum -
Brace for Impact: U.S. Sales Plunge Ahead
Source: http://wardsauto.com/industry/brace-impact-us-sales-plunge-ahead
AlixPartners forecasts 2017 sales of 16.9 million units, down from a record 17.5 million last year. WardsAuto forecasts 17.1 million light-vehicle deliveries this year. Looking further ahead, AlixPartners thinks sales will tumble to 15.2 million in 2019, a forecast that runs counter to many others that see industry sales enjoying a long-term plateau near current levels.
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Wakefield says a key element of the consultancy’s forecast is a “used-car time bomb” set to go off as 500,000 more vehicles will come off lease this year than year-ago. The flood of previously owned cars and trucks likely will double the 13% drop in used-vehicle prices the industry has witnessed since 2014.
“Our biggest concern is used cars,” says Wakefield, who sees the price drop costing automakers’ captive-finance companies upwards of $5 billion.... -
Rice University paper on F150 vs Prius
Source: https://www.bakerinstitute.org/media/files/files/c8cb9e96/BI-Brief-061417-CES_Trucks.pdf
U.S. sales of large passenger vehicles have boomed for most of the past decade. Yet despite continued reliance on gasoline propulsion in the U.S. and a trend toward larger, more powerful vehicles, the 7.6%
rise in miles driven seen from February 2012 to February 2017 yielded a gasoline demand increase of only 3.8%.1 Better engine technology likely underpins much of the rising gasoline consumption efficiency on U.S. roads and the big, powerful pickups and SUVs cherished by many American drivers are at the center of the action.
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Old news, we've known about the disproportionate effect of improving the efficiency of the least efficient vehicles. But it also brings up the 'problem of the commons.' If my neighbor chooses to commute to their business office in...
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