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Upgraded GKN Electric Axle to Bow in BMW 2 Series Hybrid
5/24/2016GKN plc says it has won several contracts for the latest version of its eAxle technology for compact plug-in hybrid vehicles.
Toyota Adds 1.6 Million Vehicles in U.S. to Takata Airbag Recall
5/24/2016Toyota Motor Corp. is adding 1.6 million vehicles to the 3.1 million cars it is already recalling in the U.S. to replace Takata Corp. airbag inflators that could explode.
Bridgestone Divests Venezuelan Tire Operations
5/24/2016Bridgestone Corp. has agreed to divest its tiremaking operations in Venezuela to the Corimon Group, a Caracas-based paints and resins conglomerate.
London Taxi Firm Secures Funds for Hybrid Program
5/23/2016China's Geely Automobile Holdings Ltd. says it has raised $400 million through a new bond issue for its London Taxi Co. (LTC) unit to produce a plug-in hybrid cab and develop additional “green” models.
BMW Pays Tribute to Legendary 2002 Coupe
5/23/2016In celebration of the 50th anniversary of the launch of its iconic 2002 compact coupe, BMW AG unveiled a one-off modern design study of the model last weekend at the Villa d’Este concours d’elegance in Italy.
Tata Motors In Venture Talks with Iran Khodro
5/23/2016Tata Motors Inc. is in talks with Iran Khodro Co.(IKCO) to make gasoline-powered Tata hatchback cars in Masad and Tehran.
Nissan Could Sell Entire Stake in Calsonic Kansei
5/23/2016Nissan Motor Co. is preparing plans to sell its 41% stake in components supplier Calsonic Kansei Corp., The Nikkei reports.
Drivers Like Connectivity But May Not Know They Already Have It
5/23/2016One-third of European car buyers consider connectivity an important criterion for their next car. But two in five current owners of connected cars don’t know they have such features already.
Novelis Expands Automotive Aluminum Capacity in U.S.
5/23/2016Atlanta-based Novelis Inc. has begun production on a third automotive finishing line at its Oswego, N.Y., plant.
Hydrogen-Diesel Engine Conversion System Tested in Scotland
5/23/2016U.K.-based UlemCo Ltd. has developed a dual-fuel engine system that can run on a combination of hydrogen and diesel fuel.