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New VW Electric Concept to Get L.A. Reveal
10/30/2019Volkswagen AG will take the wraps off a new ID-badged electric concept car next month in conjunction with the Los Angeles auto show.
ABB Acquires Chinese EV Charging Specialist
10/30/2019Swiss engineering and robotics giant ABB Group has agreed to purchase 67% of Chargedot New Energy Technology Co., which supplies charging systems for electric vehicles.
Ford Readies Updated Sync Infotainment Tech
10/30/2019Next year Ford Motor Co. will launch the fourth generation of its Sync infotainment system that includes over-the-software update capability and other enhancements.
VW Posts 3Q Growth but Cuts Sales Outlook
10/30/2019Volkswagen AG’s unit sales, revenue and operating profit all rose in the third quarter. But the company trimmed its sales outlook because the global market is cooling faster than expected.
Japan Readies Special Licenses for Older Drivers
10/30/2019Japan is considering special licenses and incentives to put elderly motorists behind the wheel of cars equipped with the latest safety aids.
Trump Wants to Dictate Production Under USMCA
10/30/2019The Trump administration is lobbying for the power to unilaterally dictate where cars and parts are made in order to qualify for duty-free shipping under the U.S.-Mexico-Canada Agreement.
FCA, PSA Revive Merger Talks
10/30/2019Fiat Chrysler Automobiles NV and PSA Group are again in exploratory talks about merging, The Wall Street Journal says.
Report: Lime to Lose $300 Million in 2019
10/29/2019Neutron Holdings Inc.’s LimeBike business is expected to lose more than $300 million this year due to the cost of maintaining its growing fleet of electric scooters.
Balance of GM Spending Will Shift to EVs
10/29/2019CEO Mary Barra says General Motors Co. will spend more to develop and promote electric cars over the next five years than it does for piston-powered vehicles.
Global Truck Market Slowdown to Deepen?
10/29/2019The worldwide slump in demand for medium- and heavy-duty commercial trucks accelerated to about 10% in the third quarter, says LMC Automotive.