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Teijin Buys Continental Structural Plastics for $825 Million
Japan’s Teijin Ltd. has agreed to purchase U.S. composites specialist Continental Structural Plastics (CSP) Holding Corp. for $825 million.
A Lot of Gas
Although you could probably park the world’s entire fleet of hydrogen-fueled cars in a Walmart parking lot and have plenty of room left over for a number of RVs, Information Trends, a market research firm, says that by 2032—16 years from now—the cumulative number of hydrogen fuel cell vehicles on a global basis will be in excess of 20-million.
VW May Abandon Diesel Option in U.S. Market
Volkswagen AG hasn’t decided whether to reintroduce diesels in the American market after having them banned 12 months ago for cheating on emission laws.
Investors Sue Porsche SE Over Losses from VW Diesel Scandal
Dozens of Porsche Automobil Holding SE shareholders have sued the company, which controls 52% of Volkswagen AG's voting shares, for failing to promptly disclose the financial risk of VW’s year-old diesel emission cheating scandal.
Google Asks Michigan to Broaden Self-Driving-Car Law
Google Inc. wants the Michigan legislature to widen the definition of eligible companies in a proposed law designed to establish the state as a hub for autonomous vehicle research, the Detroit Free Press reports.
Nvidia Readies Smaller Processor for Autonomous Vehicles
Chipmaker Nividia Corp. has introduced a single-processor configuration of its Drive PX system-on-a-chip platform for advanced driver assist functions.
Google Patents Emergency Response Tech for Self-Driving Cars
Google Inc. has received a U.S. patent for a system that allows autonomous vehicles to recognize and respond to the presence of emergency vehicles.
Vietnam Orders Uber to Pay Taxes for Its Drivers
Netherlands-based Uber International Holding BV has been ordered by Vietnam’s finance ministry to pay taxes owed by drivers who provide the company’s local ride-hailing services, according to local media reports.
PSA Plans U.S. Car-Sharing Scheme with Bollore
PSA Group and French car-share provider Bollore Group intends to offer a car-sharing service in Los Angeles and other cities, says CEO Carlos Tavares.
Report: Apple Trims Autonomous-Car Project Staff
Apple Inc. has shelved parts of its secret “Titan” autonomous vehicle project and laid off “dozens” of employees assigned to it, sources tell The New York Times.