NEWS

Liquid-Battery Developer Targets Production

10/21/2016

Liechtenstein-based NanofFowcell AG says it is talking with an unnamed carmaker about commercializing its unique ionic liquid-battery technology for electric vehicles.  

Daimler’s Third-Quarter Net Profit Jumps 13%

10/21/2016

Daimler AG reports its net profit in the third quarter of 2016 climbed to a record €2.7 billion ($3 billion) from €2.4 billion in the same period last year.

Truck Sales Rise 6% in Europe

10/21/2016

Deliveries of commercial trucks and buses in Europe climbed 6% to 227,300 units in September, according to trade group ACEA.

Lear Targets Detroit Innovation

10/21/2016

Southfield, Mich.-based Lear Corp. this week officially opened its new Innovation Center in Detroit.

Tesla Confirms Plan for Ride Service in 2017

10/21/2016

Tesla Motors Inc. used its website on Thursday to confirm it will introduce a new ride services program called Tesla Network in 2017.

11th U.S. Death Linked to Faulty Takata Airbag Inflator

10/21/2016

Safety regulators say an exploding Takata Corp. airbag inflator has been blamed for an 11th fatality in the U.S.

Volvo India Developing Medium-Duty Truck for Emerging Markets

10/21/2016

Volvo Car Group’s product development center in Bengaluru, India, is designing a medium-duty commercial truck for emerging markets.

Ube, Mitsubishi Chemical to Partner on Electrolytes for Lithium-Ion Batteries

10/20/2016

Ube Industries Ltd. and Mitsubishi Chemical Corp. are forming a joint venture in China to produce electrolytes for lithium-ion batteries used in hybrid and electric vehicles.

Gentex Reports Double-Digit Gains in Sales, Income

10/20/2016

Vehicle mirror-maker Gentex Corp.’s third-quarter revenue rose 10% to $430 million, and net income climbed 18% to $92 million.

Volvo Tests Microsoft’s Virtual Reality Tech

10/20/2016

Volvo Car Corp., which earlier this year began testing Microsoft Corp.’s HoloLens augmented-reality glasses at select European and Chinese dealerships, now is working to adapt the wearable technology for use in the product development process.