Ford Predicts Profit Rebound in 2018
9/14/2016Ford Motor Co. expects a rebound in net profits in 2018 after declines in 2016-2017 caused by heavy investment costs in such areas as fully self-driving vehicles.
JLR Research Targets Hybrid Dual-Clutch 8-Speed Transmission
9/14/2016A research team led by Jaguar Land Rover Ltd. is developing an 8-speed transmission that combines elements of a dual-clutch architecture with low-range gear ratios and hybrid-electric functionality.
Google’s Krafcik to Kick Off AutoMobili-D Show in Detroit
9/14/2016John Krafcik, CEO of Google Inc.’s self-driving car project, will be the keynote speaker at the inaugural AutoMobili-D expo in Detroit.
Mercedes AMG Roadsters to Get Paris Reveal
9/14/2016Daimler AG’s Mercedes-Benz unit will unveil a pair of convertible variants of its GT sports coupe later this month at the Paris auto show.
Teijin Buys Continental Structural Plastics for $825 Million
9/14/2016Japan’s Teijin Ltd. has agreed to purchase U.S. composites specialist Continental Structural Plastics (CSP) Holding Corp. for $825 million.
VW May Abandon Diesel Option in U.S. Market
9/14/2016Volkswagen AG hasn’t decided whether to reintroduce diesels in the American market after having them banned 12 months ago for cheating on emission laws.
Hyundai Briefly Suspends Production after S. Korea Quake
9/14/2016Hyundai Motor Co. halted operations at its factory in Ulsan on Monday after the worst earthquake ever recorded in the South Korean peninsula struck the region, The Korea Herald reports.
Investors Sue Porsche SE Over Losses from VW Diesel Scandal
9/14/2016Dozens of Porsche Automobil Holding SE shareholders have sued the company, which controls 52% of Volkswagen AG's voting shares, for failing to promptly disclose the financial risk of VW’s year-old diesel emission cheating scandal.
Google Asks Michigan to Broaden Self-Driving-Car Law
9/14/2016Google Inc. wants the Michigan legislature to widen the definition of eligible companies in a proposed law designed to establish the state as a hub for autonomous vehicle research, the Detroit Free Press reports.
Construction Begins on JLR Plant in Slovakia
9/13/2016Tata Motors Ltd.’s U.K.-based Jaguar Land Rover unit broke ground today on a £1 billion ($1.3 billion) factory in Nitra, Slovakia.