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Mahindra Seeks Local Partner for EVs in China
10/10/2016India’s Mahindra & Mahindra Ltd. is shopping for a local partner to help its make and sell electric vehicles in China.
Honda Partners with Researchers on Magnesium Battery
10/10/2016Honda Motor Co. and Japan’s Saitama Industrial Technology Center (SAITEC) have developed a low-cost, magnesium-based rechargeable battery they hope to commercialize in smartphones and consumer electronic devices by 2018, The Nikkei reports.
Maserati Plans First EV
10/10/2016Fiat Chrysler Automobiles NV’s Maserati unit is developing an electric vehicle that it hopes to unveil in 2019 and launch sales of by early next decade.
GM Sets September Sales Record in China
10/10/2016General Motors Co. reports that sales in China by the company and its joint ventures rose 16% to a record 343,800 units in September.
Light-Vehicle Sales Drop 11% in Russia
10/10/2016Deliveries of cars and light commercial vehicles in Russia sagged 11% to 125,600 units, the Moscow-based Assn. of European Businesses reports.
SsangYong Targets 2020 Launch in U.S.
10/10/2016South Korea’s SsangYong Motor Co., which has been flirting with entering the U.S. for several years, says it will launch two small crossover/SUVs in the market by 2020.
GM Eyes Former VW Diesel Owners in U.S.
10/10/2016General Motors Co. plans new diesel-powered cars in the U.S. in part to attract fans who are selling their tainted diesel-powered Volkswagen models back to VW.
Takata Takes a Closer Look at Bankruptcy
10/10/2016Takata Corp. intends to use New York City bankruptcy specialist law firm Weil Gotshal & Manges LLP to help it assess a possible sale or bankruptcy, according to media reports.
Support Grows for German Plan to Ban IC Engine Sales by 2030
10/10/2016A proposal to halt sales by 2030 of new cars powered by internal combustion engines is gaining bipartisan support in the Bundesrat, Germany’s federal council, says Der Spiegel.
VW CEO Mueller Cleared in Diesel Scandal?
10/10/2016A report by law firm Jones Day about the Volkswagen diesel emission scandal concludes that VW CEO Matthias Mueller had no knowledge of the cheating scheme, according to Bild am Sonntag.