NEWS

Court May Approve VW Diesel Settlement Ahead of Repair Plan

10/18/2016

Volkswagen AG hopes to get final U.S. court approval of its $14.7 billion diesel emission cheating settlement today, even though regulators haven’t yet approved the company’s plan to fix the affected cars.

Ford Cuts U.S. Production of Cars, Crossovers and Pickups

10/18/2016

Ford Motor Co. says it will temporarily idle one of its F-150 pickup truck plants and three other factories that make cars and small crossover vehicles to help align U.S. supply with cooling growth in demand.

Missouri Sues VW Over Diesel Emission Cheating

10/18/2016

The state of Missouri has followed 16 others in filing lawsuits against Volkswagen AG for violating state environmental laws, Reuters reports.

Honda Revives Plan for Third Assembly Plant in China

10/18/2016

Honda Motor Co. intends to open an assembly plant in Wuhan, China, in 2019 with initial annual capacity to build 120,000 vehicles, according to media reports.

U.K. Won’t Challenge VW in Court Over Diesel Scandal

10/17/2016

The British government says it won’t take legal action against Volkswagen AG over the carmaker’s diesel emission cheating scandal.

PSA Launches Used-Car Business Unit

10/17/2016

PSA Group says the used-car business unit it launched on Sept. 1 should help it double the annual sale of used Peugeot, Citroen and DS vehicles to 800,000 units by 2021.

Denso, Toshiba Partner on Artificial Intelligence for Self-Driving Cars

10/17/2016

Denso Corp. and Toshiba Corp. are working together on an artificial intelligence technology to help self-driving cars identify and analyze images.

PSA to Cut 2,100 Jobs in France?

10/17/2016

PSA Group plans to eliminate nearly 3% of its French workforce, or 2,100 jobs, next year, according to France Info radio, which cites PSA internal documents.

FEV Acquires Majority Stake in Michigan Testing Firm

10/17/2016

FEV GmbH’s North American unit has acquired a 51% stake in TrigTec LLC, a Redford, Mich.-based component testing specialist.

Report: Apple Aims for Autonomous Driving Control System by Late 2017

10/17/2016

Apple Inc. has overhauled its secret electric-car car program, dubbed Project Titan, to focus on control software for autonomous vehicles, sources tell Bloomberg News.