Fords Needs To Think About Its Own In-Car Software System

The auto giant has been advised to start working on a separate software system to be incorporated in its cars.

According to the most recent news about Fords Motors, it was seen that the shares of the auto car making company went down on the index by around 0.96% on the trading that took place on Monday. This dip that was witnessed in the market is now being considered as a consequence of the statement made by Don Butler, who is employed by the auto giant as its Head of Connected Services. According to Butler, the company currently needs to start bringing its focus on software plans and projects to be incorporated its own cars, rather than depending on other providers to give it a system. Butler also claimed that it is important for Fords business to experience a boom in the software and auto industry, it is mandatory that now the giant starts working on making its own customized software for the luxury and hybrid cars its produces as only that will help it to become better compete with the present competition in an improved manner. According to a report which was recent published by CNBC, it was stated that since the automobiles are rapidly becoming used to having a high end software system installed within them, the need for a separate system increases every day. Presently, Fords cars use a software system called SYNC which provides the users with the opportunity to connect their smart phones to their vehicles with ease. At the same time, developers in the market have built up another software app which gives the users a chance to obtain interesting apps on their smart phones and then use them in the cars made by the auto company, simply by commanding them instructions by voice. This app is called AppLink and it is just one of the examples of how progress can be made by the company if only it tries to make its software system a better offering for it customers. Reportedly, Fords management has already opened up a platform for different developments to be made within its software by developers in the market and this is being done for the past two years. However, Butler believes that to grow as a company, the luxury car maker needs to start bringing more ideas to the yard so as to sustain its position in the auto industry and to even get better in the process. This will first be done by accepting the need to own and build a separate system for its cars, which the auto giant still needs to put into action.

Tesla Motors Inc Seems To Be Hitting It Off With Autopilot

The auto making company seems to be doing great with the passage of time, as more and more people learn how to adapt to the changes occurring in the system.

Tesla Motors has been notably carrying out an auto making business that seems to be a lot more than just that, as it also covers the likes of a massive battery making business along with the storming up and implementation of new ideas in the auto sector which have never been tried before. The auto making company was recently seen to announce an ‘Autopilot’ update for its hybrid cars which was received by the industry with much awe, as this is something that has not been tried by any of the auto makers before. This update was brought about in all the Model S cars and was believed to be setting up a new trend in the market, as this update was also being considered to use in cars other than the ones made by the smart car manufacturers. Currently, it will be seen that the autopilot feature is being updated in all the Model S vehicles and the main task of this pilot is to make sure that the electric car being driven learns all the new twists and turns that a car needs to adapt to in the time of emergence. Analysts in the industry have also pointed out to the fact that the ‘Autopilot’ system is not just what it should be rendered as, as Tesla has managed to incorporate the idea of ‘artificial intelligence’ in this feature of the car, which will eventually learn to drive through all the troubles that could be faced on the road without any kind of problem. In the first couple of weeks that were experienced by the drivers of Model S using the Autopilot, the main difference was seen when the drivers observed that the car was learning to move and react on its own to different situations, right after the same incident took place a few days back where the driver drove in a certain manner to bring the vehicle back on the track. For all the times when the human control on the car is being observed, the Autopilot has been designed in such a manner that it will be learning all the different tricks and tactics that the human skills carry out and when the same or a similar situation occurs in the future, the technology will know what to do with the car and where to take it, which makes the system all the more exciting for the users. However, there are some things that Tesla business might suffer from and that is its share price on the index which seems to be trading on an average level with not many improvements in sight.

Tesla Signs Deal With New Battery Supplier

The auto car maker signed a deal with LG Chem which will be providing upgraded batteries for Roadster.

According to the most recent news about electric car makers Tesla Motors, it was reported that the auto making giant has recently collaborated with a Korean battery making company called LG Chem, and this deal between the two companies is believed to help the auto giant to give its battery business a huge boost. The company has upgraded its EV portfolio and has signed the deal following this event. Tesla cars are already receiving their batteries and battery cells from a variety of companies and in a press release, the giant further confirmed that the cells it will be receiving from LG Chem will be incorporated in its Roadster vehicle, and this one will particular be the 3.0 battery cell. Similarly, Panasonic also works in collaboration with the electric car makers and provides battery cells from the Model S cars. Presently the luxury car makers are working to build up the much talked about Gigafactory which will ensure the giant’s self-efficiency in the battery business. However, it is not a hidden factor that companies like Panasonic are also working with the company in the Gigafactory to provide for the Model 3 smart car which will be released sooner than later. It has been reported by multiple news sources that the first car of Tesla business, namely Roadster, has always been built with a 2.0 and 2.5 level battery but it has been manufactured in such a way that it can adapt to the higher efficiency of 3.0 battery packets that the LG Chem will now be supplying to the company. On the other hand, analysts have also pointed out that this collaboration with the Korean will not put down the relationship the giant has with Panasonic and it will maintain its position of being the most important supplier of batteries to the hybrid car manufacturer. LG Chem, on the other hand, has been involved in supplying battery cells to a couple of prominent auto makers in the industries like General Motors and has been carrying forward a strong business since a very long time. Analysts at the Navigant Consulting have released a report in which it has been stated that very soon the Korean battery providers will be competing for a target of 1GWH towards the end of the next year, which is an accomplishment to be considered. As for the electric vehicle maker, the giant has already been using batteries from LG Chem to support its previously launched sedans and also its new car Model X which it released only recently. 

How Can Tesla Make Model X Deliveries A Success?

The auto making giant has emerged to be a little uncertain talking about making successful deliveries of its SUVs shaking up confidence of the investors.

Tesla Motors has given out huge numbers for the delivery of its electric cars on a number of platforms which has made analysts in the market rather confused about what to actually expect from the giant. The auto making giant is expected to be selling the model S version of its cars in a huge number for sure, but the analysts have raised questions as to how many of the new SUV will the giant manage to sell by the time its reporting time for the fourth quarter. The analysts in the market who have been analyzing the way things have been going on within the auto making company are of the opinion that the fact that even Elon Musk, the CEO of the firm, failed to give out a clear guidance for the sales of the Model X car for the fourth fiscal quarter did not make things any better for the investors. The fourth quarter of the year initiated right after the major launch event was held and things might also turn out to be a little shaky as to where the sales of the new car is concerned. Following a press conference in which Musk was questioned about what he thought could make him reach out to the over the top bullish sales figures he has expressed to achieve over the past few months, analysts thought that even he looked uncertain about a lot of things. The hybrid car makers have also suggested that the fact that there are expected to have some ups and downs even in the production is what is making the CEO so uncertain in the first place, and if that works out for him then the auto company could actually end up attaining the sales numbers it believes it could obtain in the next five years. Musk also suggested that most of the time the reason any company fails to achieve its sales target is generally because of the way its supplier lags behind in supply the car or other products in time, which is the only delay that can be expected from the electric vehicle producers in the long run as well. Analysts, on the other hand, believe that the fact that the firm has shown uncertainty regarding its quarterly deliveries shows that the firm could actually end up not achieving its exponential targets that it had previously set to make sure there are a massive number of EVs on the road before the end of 2020.

Tesla Motors Inc Deemed To Strong To Be Beaten By Any Other EV Maker For Now

The electric car maker is all set roll out its battery pack with a boom in the market which is going to make sure that the stock of the firm remains stronger than ever for a long period of time. The famous electric car maker, Tesla Motors, has already been covered in the news enough times to know that the firm is working on building up a Gigafactory to produce lithium-ion batteries, not only to be used in its cars but also in households to conserve energy and save on electricity bills. News suggests that once the production of batteries starts properly, the electric vehicle producers will be helping the battery users by lowering down prices of individual prices by a huge difference. It could even end up lowering prices by a massive seventy percent by the time these batteries are available in the market. However, all the factors which could supposedly be helping the auto company to lower down the electric batteries are not only related to the economies of scale, but they are also majorly influenced by the improved technology that the firm is seen to be using to produce these batteries in the first place. According to Jefferies’ analyst Dan Dolev, Tesla is believed to be performing just fine lately which is why a price target of $365 has been granted to it by the firm believing it to have the potential to turn tables in not only the auto industry but also the battery making business which has already given a lot of reasons for the firm to step into the venture in the first place. The same analyst is also of the opinion that since the firm is producing these batteries on a huge level now, it can be predicted that in a little while only the giant brings down the price of a pack of batteries from the alleged $250 per kWH to a shocking $88 per kWH. Dolev has also repeatedly said that the luxury car maker is also working towards making these battery packs as widespread as ever which is why the prices are expected to fall on such a huge level. On the other hand, analysts are considering this statement of Jefferies’ analyst and are discussing how the hybrid car maker can end up going up on the gross margin by an eminent difference by the year 2020, which is also the year that the firm has aimed to get a really high number of electric hybrid cars on the roads. On the other hand, if the gross margin of the firm is improved, this will provide the giant a whole new chance to make sure that the Model 3 EV, which is to get released in a couple of years, to be carried out without a problem. 

Ford To Release Mustang In Europe Soon

The automaking company has sent its first shipment to the European states with great sales expectations.

Ford Motors has recently announced that it has successfully managed to carry out a shipment of Mustangs for the first time to Europe, and the smart cars are expected to make the customers in the region quite excited about the launch. According to a news article published by USA Today, it is expected that by the time the auto making company’s car are launched in the region, the sales of the cars manufactured by the firm are going to gain momentum by a mile. The new cars of the auto giant have been seen carrying some really exciting features which are predicted to bring about a stir in the European markets.

Previously, the firm has sold around 100,000 cars in the European region in around 20 markets in the west. These sales did raise not even the total sales of American cars in the continent but they also helped the firm to receive an increase in sales by around 1.5 percent as compared to the previous quarter. On the other hand, the firm is looking towards expanding its business and not restricting itself to one country only which is why such steps are being taken.

If only the current year is taken into consideration, it will be seen that around 9.3 percent rise has been recorded in the sales of the Fords cars and only in the first five months of the year 2015, the total cars that have so far been sold to the customers have come around at 542,000, a number that is definitely to be reckoned with.

These sales have not only surprised the analysts but also the investors in the company as the auto industry has so far shown a growth in sales of around 7.2 percent only, which has been surpassed by Ford in a successful manner. This time around, the firm has broken its own records as it has scored massively after two years of struggles. Furthermore, it will be seen that the first half of the year has been taken a little slow by the management of the auto making company. However, the pace will be quickened in the upcoming months, as the firm is planning to strengthen trade even more than before.

Fords has been witnessing a flat share in the stock market for the past 12 months, but the firm has decided to change that by coming into some much needed action. Previously the share that the hybrid car makers had in the market was around 7.8 percent, and as per recent news, the share has now been upgraded to 8.1 percent.

Bidness Autos - Tesla Fails To Receive Permission To Sell Cars Directly In Connecticut

The automaker's attempt to receive permission for direct sales in Connecticut have been overlooked by the senate.

Tesla Motors has recently received a bad news from the government of Connecticut. Formerly, the automaking giant has applied for a license to receive the permission to make selling transactions within the state directly, without a middle carrier. However, the bill that was expected to pass by the electric car makers, failed to come into action which resulted in the firm not obtaining the authority to sell their smart cars to the customers in the state. According a spokesperson of the auto making firm, this has happened due to the state of passivity that was seen in the senate which was supposed to further pass the request.

Tesla had reportedly filed a bill in the senate house of Connecticut in May but due to the deferral in the decisions made by the government, the results were not only delayed but also happened to be not in the hybrid car making company. However, in more recent news, it was seen that Elon Musk’s auto company is not ready to give up yet and plans to reapply for the bill to be accepted.

The management of the electric automakers has reportedly been making plans to submit the bill again to the general assembly which can then take it into consideration in a session that is scheduled to take place soon. There are, on the other hand, speculations about whether lawyers and lawmakers will think of taking it seriously or not. The firm has also informed that in case the nothing comes out of the special session that is going to take place in the senate, the automakers will file another bill the next year.

The spokesperson of Tesla cars was also noted to say that the firm might even try another strategy to make the law makers agree to the permission they wish to attain. However, it is believed by the firm that no reason can be found which should become a reason for not being granted the bill. The firm has a strong position in the industry and a full right to ask for equal rights to make sales of its cars in the state.

Tesla’s vice president of the business development department was recorded to say that the auto giants are looking towards welcoming new customers to try the smart cars being manufactured by them and by receiving the authority to make direct sales in different states of the country, the process will become easier. Currently, the automakers have around twenty stores all over the country and are planning to expand as much as possible.