NEWS

Ford Warns of Possible Jobs Cuts in U.K.

6/27/2016

Ford Motor Co. says it could reduce its workforce in the U.K. in the wake of the kingdom’s vote last week to leave the EU “if there is clear evidence that action is needed.

VW Urged to Offer European Customers U.S.-Style Diesel Compensation

6/27/2016

Volkswagen AG should offer owners of its cheater diesels in Europe that same compensation it plans for customers in the U.S., says EC industry commissioner Elzbieta Bienkowska.

GM Fuel Cells Make a Splash with Navy Drones

6/24/2016

General Motors Co. has won a contract with the U.S. Navy to supply fuel cell power systems for underwater drones.

Nissan Sues S. Korea in Diesel Emission Dispute

6/24/2016

Nissan Motor Co. reports it has filed a lawsuit against the South Korean government for accusing the carmaker of using a defeat device to manipulate emissions from its diesel-powered Qashqai SUVs.

EV Sets 0-100 kph Record of 1.5 Seconds

6/24/2016

A team of Swiss engineering students this week recaptured the zero-to-100 kph (0-62 mph) speed record with a time of 1.513 seconds with the group’s purpose-built electric vehicle.

GM Plans $290 Million Upgrade for Corvette Plant

6/24/2016

General Motors Co. will spend $290 million in its Corvette sports car factory in Bowling Green, Ky., to install new technologies and manufacturing processes.

Carmakers Assess Next Steps as U.K. Leaves EU

6/24/2016

Carmakers are deciding if and when to take action in the wake of the U.K.’s narrow vote on Thursday to quit the European Union.

Renault Trims Stake in Nissan to 42%

6/24/2016

Renault SA has lowered its holding in Nissan Motor Co. to 42.4% from 43.4%, according to a regulatory filing with Japan’s finance ministry, Bloomberg News reports.

VW to Add Particulate Filters for Gasoline Engines

6/24/2016

Next year Volkswagen AG will start using particulate filters with its TSI and TSFI direct-injection turbocharged gasoline engines to help meet more stringent European emission regulations.

Formula E to Add NYC Race

6/24/2016

The Formula E electric race car series will add a race in New York City to its third season lineup, which starts in September, the Financial Times reports.