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The boss of Nissan wants to put self-driving cars on Japan's roads next year Cheap Men's Nike Metcon DSX Flyknit 2 Black , and says they will be able to navigate busy urban environments on their own by 2020.

 

Carlos Ghosn, chief executive, said formidable technological and legal challenges remain but that the direction of travel was plain.

 

"There will be a Nissan product in Japan, which will carry autonomous drive," he told reporters on Thursday at the New York International Auto Show. "Obviously when you have this kind of technology Cheap Women's Nike M2K Tekno Pink Black , you want also the Japanese market to enjoy it as soon as possible."

 

A five-year tie up with NASA on the technology would see the initial roll out by December 2016, with cars that can drive on highways without anyone at the wheel.

 

In 2018, models should have the ability to avoid hazards and to change lanes, and by 2020, vehicles should be able to autonomously manoeuver through crowded city roads.

 

"It's going to happen step by step Cheap Women's Nike M2K Tekno White , because we need to make sure that the regulators in the different countries feel comfortable," Ghosn said, according to Kyodo News.

 

"To persuade the regulators that you can take your hands off the wheel or your eyes from the road is going to take a lot of demonstration."

 

Nissan, Japan's second biggest automaker, is also looking at working with domestic rivals Toyota and Honda on the technology.

 

Reports in February said the three are planning to team up with electronics giants and the government in a bid to propel the country into the front ranks of self-driving cars.

 

The move is part of a government initiative to support domestic industries as competition in the field intensifies globally Cheap Nike Air Vortex Grand Men's Purple Black , with Google (Xetra: A0B7FY - news) testing its own car and Apple (NasdaqGS: AAPL - news) also reported to be working on such a vehicle.

 

The Japanese government has set up a panel to look at the legal issues surrounding autonomous cars, which under current laws are not allowed on public roads.

 

One of the key factors is that of who bears responsibility in the event of an accident when a car is driving itself.

 

Advocates of self-driving cars say they could help reduce the number of crashes on the roads because they remove the potential for human error.

 

More than 4,000 people die in traffic accidents in Japan every year.

 

by Tichaona Chifamba

 

HARARE, April 1 (Xinhua) -- The major economic sectors have bemoaned the harsh operating environment in Zimbabwe which is impacting on their profit margins and forcing them to employ more prudent liquidity management measures.

 

Financial statements released this week by several companies painted a gloomy picture of tight liquidity challenges, low capacity utilization within industries and outright de- industrialization the economy continued to underperform in 2014.

 

The companies are in the financial Cheap Nike Epic React Flyknit Men's Olive Black Green , agricultural, mining and construction sectors.

 

African Banking Corporation of Zimbabwe Limited (BancABC) acting chairman Alvord Mabhena said the Zimbabwean economy was going through "one of the most difficult phases since dollarization, characterized by chronic liquidity challenges, rapid de-industrialization, job losses Cheap Nike Air Maestro II Men's Trifecta Red White , increased power outages and a financial sector that is hamstrung by high level of non- performing loans".

 

He said the economic rebound that had been experienced in the early years of the post hyperinflation era appeared to have come to a premature end with economic growth as measured by the Gross Domestic Product having decelerated from 10.6 percent in 2011 to 3. 4 percent in 2013.

 

Mabhena noted that the economic performance would remain subdued in 2015 with the initial projection of a 3.2 percent growth likely to be revised downwards because of poor performance in agriculture caused by a poor rainy season.

 

He added that capacity utilization in the manufacturing sector currently at below 40 percent was not likely to improve during 2015 as access to working capital remained a major challenge.

 

BancABC recorded an attributable loss of 438 million Botswana Pula (44 million U.S. dollars) compared to an attributable profit of 198 million Botswana Pula (19.9 million U.S. dollars) in 2013.

 

Chairman of the People's Own Savings Bank Israel Ndlovu also bemoaned the harsh operating environment but said the banking sector was generally stable and profitable.

 

"Credit risk remained the most significant challenge in the banking sector and liquidity constraints continued to have negative effects on the operations of some banks," he said.

 

John Mushayavanhu, group chief executive officer of FBC Holdings, parent company of FBC Bank Limited, said the bank had recorded a profit before tax of 8.1 million U.S. dollars despite constraints of high risks in liquidity Cheap Nike Flyknit Trainer Men's Black , credit and operational management.

 

FBC chairman Herbert Nkala said the group continued to be in a strong liquidity position and was able to comfortably meet customer requirements but would continue to exercise prudence in the area of liquidity management under the current challenging economic environment.

 

The entire group, including its building society and securities and reinsurance arms, recorded a profit before tax of 17.1 million U.S. dollars in 2014.

 

Top insurer ZimRe Holdings also described the operating environment as characterized by acute liquidity shortages, low productivity, limited external capital inflows Cheap Nike Air More Uptempo Men's Black Reflective , depressed demand, underperforming exports worsened by low international commodity prices and poor performance of the utilities sector.

 

"Company closures and retrenchments of staff have fuelled the growth of the informal sector. The continuation of the US restrictive measures has contributed to the weak performance of the economy," chairman Benjamin Kumalo said.

 

Top gold miner RioZim said the economic environment remained fragile with an unsustainably high cost of debt, subdued export performance, lack of . Wholesale Jerseys Cheap   Wholesale Jerseys Cheap   Wholesale Jerseys From China   Wholesale Jerseys Cheap   Wholesale Jerseys Cheap   Wholesale Jerseys China Free Shipping   Cheap NBA Jerseys China   Cheap Jerseys China Online   Cheap Soccer Jerseys China   Cheap NBA Basketball Jerseys

 


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