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German, Danish Companies Plan Fast-Charge Network in Europe
2/7/2017German energy company E.ON SE and Danish e-mobility service provider Clever A/S are partnering to support electric cars across Europe with a network of ultra-fast charging stations.
Italy Omitted Key Emission Tests in FCA Diesel Investigation
2/7/2017A report by Italy’s transport ministry into diesel emission cheating omitted key test results for Fiat Chrysler Automobile NV models, Reuters reports.
GM Leads Domestic Carmakers in Worker Bonuses for 2015
2/7/2017General Motors Co. is distributing bonus payment for 2016 that average $12,000 to eligible workers in the U.S. who belong to the United Auto Workers union.
French Probe of FCA Diesel Emissions Goes to Prosecutors
2/7/2017Investigators in France have turned over to prosecutors the results of their probe into high emission levels from some diesel engines sold by Fiat Chrysler Automobiles NV.
VW Launches U.S. Unit to Handle Diesel Restitution
2/7/2017Volkswagen AG is creating a subsidiary in the U.S. to manage the $2 billion it has agreed to spend on electric-vehicle charging stations and zero-emission awareness programs.
BMW Settles U.S. Water Damage Lawsuit
2/7/2017BMW AG hopes to settle a class-action lawsuit in the U.S. by agreeing to pay as much as $478 million to owners of 318,000 owners of its 2004-2010 model 5 Series luxury cars.
Special Items Cut GM Net Earnings 71%
2/7/2017General Motors Co.’s net revenue climbed 11% to $43.9 billion in October-December. But $6.3 billion in special items—mostly for reversed tax allowances in Europe—slashed net income 71% to $1.8 billion.
Dodge Charges Ahead with Durango SRT
2/7/2017Fiat Chrysler Automobiles NV will take the wraps off the high-performance Dodge Durango SRT later this week at the Chicago auto show.
BMW Invests in 3D Printing Startup
2/7/2017Desktop Metal Inc. says it raised $45 million in its third round of financing to bring total investment in the Burlington, Mass.-based 3D printing startup to $97 million.
NanoFlowcell Readies 760-hp Version of Low-Voltage Battery Tech
2/7/2017Liechtenstein-based nanoFlowcell AG plans to unveil a high-output version of its Quant electric sports coupe concept next month at the Geneva auto show.