NEWS

Japan’s IHI to Hike Turbo Output 30%

8/19/2016

Japanese heavy machinery builder IHI Corp. will invest 40 billion yen ($400 million) over three years to increase its capacity to make automotive turbochargers by 30%, The Nikkei reports.

Uber Buys Otto Self-Driving Truck Tech Firm

8/19/2016

Uber Technologies Inc. says it has acquired Otto, a San Francisco-based startup that specializes in automated-driving technology for heavy-duty trucks.

VW Gets Okay to Fix Another 140,000 Diesels in Europe

8/19/2016

Volkswagen AG says Germany’s transport agency, KBA, has approved repairs in Europe for another 140,000 of the company’s diesel engines that had been rigged to evade emission laws.

Opel Blames Brexit for Production Cuts in Germany

8/19/2016

General Motors Co.’s Opel unit says it will trim production of its Vauxhall-branded Corsa three-door hatchbacks and Insignia sedans through the remainder of 2016 because of slowing sales in the U.K.

VW Supplier Dispute Deepens in Germany

8/19/2016

Volkswagen AG will halt output of Golf hatchbacks next week at its big factory in Wolfsburg, Germany, because of a dispute with two key suppliers.

Chinese Appliance Company Jumps into EVs

8/19/2016

Gree Electric Appliances Inc. is the latest Chinese company to enter the fast-growing electric vehicle market there.

Local Motors to Offer Rides in Self-Driving Shuttle Bus at IMTS

8/19/2016

Phoenix-based Local Motors Inc. plans to showcase its 3-D-printed, self-driving electric shuttle bus at next month’s International Manufacturing Technology Show (IMTS) in Chicago.

Ford Extends GT Production to 2020

8/19/2016

Ford Motor Co. says it will double the production run of the new GT supercar to four years.

Honda Ready to Complete Takata Airbag Repairs in Malaysia

8/19/2016

Honda Motor Co. says it now has enough parts in hand to complete a recall of some 390,000 cars in Malaysia to replace Takata Corp. airbag inflators that could explode in a crash.

U.S. Judge Rejects Uber Settlement with Drivers

8/19/2016

A federal judge in San Francisco has rejected a deal in which Uber Technologies Inc.’s would pay 385,000 of its drivers in California and Massachusetts a combined $100 million to cover their work-related expenses.