Suzuki Forms JV in India to Make Lithium-Ion Batteries
Suzuki Motor Corp. says it has agree to launch a lithium-ion batterymaking venture in India by the end of this year with Toshiba Corp. and Denso Corp.
VW “Way Ahead” on U.S. Diesel Buyback Program
Volkswagen AG say it has already reacquired half the 475,000 diesel-powered cars it sold in the U.S. that had been rigged to cheat emission laws, The Wall Street Journal reports.
GM to Add 1,100 Jobs in Software Unit
General Motors Co. is dramatically expanding Cruise Automation Inc., the software company it acquired a year ago to develop and test self-driving-vehicle technologies.
U-Mich. Mobility Transformation Center Gets New Name
The University of Michigan Mobility Transformation Center has become Mcity, a name that formerly referred to MTC’s two-year-old test facility in Ann Arbor.
Genesis Shows Fuel Cell-Powered Crossover Concept
Hyundai Motor Co.’s Genesis unit previewed the luxury brand’s first crossover vehicle with the fuel cell-powered GV80 Concept model at this week’s New York auto show.
Lyft Gets $600 Million Infusion
Ride-hailing service Lyft Inc. has secured $600 million in new funding, which analysts say increases the San Francisco-based company’s market value to $7.5 billion.
VW to Add Second SUV at Tennessee Plant
Volkswagen AG says it will add a second, smaller SUV/crossover at its assembly plant in Chattanooga, Tenn. But it didn't indicate when.
Mercedes Weighs Diesel’s Future in U.S.
The head of Daimler AG’s Mercedes-Benz Cars in the U.S. says the American unit hasn’t yet decided whether to continue offering diesel-powered vehicles.
McLaren Meets LEGO
There is a growing concern that young people are becoming increasingly disinterested in automobiles, that they’ll avail themselves of Lyft or Uber when they reach the Age of Visiting the DMV, not of a driver’s license and a beater.
2018 Mercedes S-Class Steers Closer to Full Autonomy
Daimler AG is updating its flagship S-Class sedan with more advanced sensors and mapping technology, which the carmaker expects to provide a “major step” toward fully autonomous driving.