NEWS

New U.S. Fuel Economy Rules Due in December

10/22/2019

The Trump administration confirms that it intends by year-end to present its final plan to adjust national fuel economy standards.

Hyundai Teases Concept Fuel Cell Truck

10/22/2019

Hyundai Motor Co. will unveil a fuel cell-powered heavy-duty truck and refrigerated trailer at next week’s Georgia World Congress Center in Atlanta.

Zoox Raises $200 Million

10/22/2019

Autonomous-car startup Zoox Inc. says it has raised another $200 million from unspecified investors as part of third-round funding expected to close within the next few months.

Daimler CEO Kallenius to Keynote CES

10/22/2019

Daimler AG CEO Ola Kallenius will deliver a keynote speech at next year’s CES electronics show in Las Vegas.

Indian Auto Parts Suppliers Cut Capex

10/22/2019

India’s auto supply industry has suspended capital investments worth at least $1.5 billion because of slumping car sales, according to the Automotive Component Manufacturers Assn.

Volvo Adds Free Charging for Plug-In Hybrids

10/22/2019

Volvo Cars Corp. will rebate customers for charging costs of its plug-in hybrid vehicles during the first year of ownership, starting with 2021 models.

Pedestrian Fatalities Hit 29-Year High in U.S.

10/22/2019

Traffic deaths in the U.S. declined 2% to 36,600 last year, but pedestrian fatalities surged to their highest level since 1990, according to the National Highway Traffic Safety Administration.

Hyundai May Hike Stake in Chinese Truck Venture

10/22/2019

Hyundai Motor Co. says it may boost ownership in its struggling 50:50 commercial truck venture in China, Reuters reports.

U.K. Ponders Green License Plates for EVs

10/22/2019

Britain’s Dept. for Transport is mulling the idea of issuing green license plates for electric vehicles to distinguish them from the yellow plates used by piston-powered cars.

Garrett Readies e-Turbo

10/21/2019

Switzerland-based Garrett Motion Inc., which was spun off from Honeywell International Inc. last year, plans to launch an electric turbocharger in production vehicles in 2021.