Chevrolet always said the upcoming all-electric sub-compact Bolt would have a range for 200 miles or so. Now they have a solid figure. The EPA-estimated range is 238 miles on a full charge. It will carry an expected MSRP below $37,500 before federal tax credits of up to $7,500 when it appears in dealer showrooms later this year.
Ford will switch from Sony to B&O for its premium audio systems in model year 2017. Bang & Olufsen is now owned by Harman International by the way. Sony and Ford traced their marriage back to 2003.
Saying the “next decade is really going to be defined by the automation of the automobile,” Ford CEO Mark Fields said the company will roll out a driverless car by roughly the year 2025. And he said the goal is to make it affordable to a wide audience and not just those who are in the market for luxury wheels.
Insurance bills could go down by as much as 20 percent by the year 2035 and potentially more once autonomous cars hit the road in greater numbers. That’s according to a report from Aon Benfield, a global reinsurance and capital advisor firm. But it also warned that bills might go up for various reasons as the technology first hits the streets of the U.S.