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Michigan Moves to Approve Fully Driverless Vehicles
9/7/2016Michigan’s Senate has unanimously passed legislation that would allow driverless automated test vehicles to operate on public roads within the state, the Associated Press reports.
VW to Resume Car Assembly in Kenya
9/7/2016Volkswagen AG says it will resume vehicle production in central Kenya by year-end after a four-decade hiatus.
VW, Jianghuai May Form Venture to Make EVs and Plug-in Hybrids
9/7/2016Volkswagen AG and China’s Jianghuai Automobile Co. have agreed to study plans for a joint venture to make electric and plug-in hybrid vehicles for the Chinese market.
Cars.com to Spin Off as Independent Company
9/7/2016Cars.com, the U.S.-based auto sales consumer website, is being spun off to shareholders by television broadcaster Tegna Inc. in a move that will create two independently publicly traded companies.
Ford Sales in China Climb 22%
9/7/2016Ford Motor Co. and its two ventures in China delivered a record 96,500 passenger vehicles last month, up 22% from August 2015.
Revised Lawsuit Details Bosch's Alleged Role in VW Diesel Cheating
9/7/2016Lawyers have filed updated claims regarding an U.S. lawsuit that accuses Robert Bosch GmbH of playing an active role in Volkswagen AG’s diesel emission cheating.
GM Sets August Sales Record in China
9/7/2016General Motors Co. reports its new-car sales in China rose 18% to a record 293,500 units in August.
Ford Cuts Investment Plan for U.K. Engine Plant by 45%
9/7/2016Ford Motor Co. has reduced its planned investment in an engine plant in Bridgend, England, to £100 million ($134 million) from the original £181 million ($243 million), the Financial Times reports.
Icahn Agrees to Buy Out Federal-Mogul
9/6/2016Investor Carl Icahn is offering $281 million to buy the 18% of Federal-Mogul Corp. he doesn’t already own.
Renault Sours on Diesels
9/6/2016Renault SA, formerly bullish on the outlook for diesels in Europe, now says most of its models in that market soon will be gasoline-powered instead, sources tell Reuters.