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Hyundai Connects with Cisco on “Smart” Car Technology
4/19/2016Hyundai Motor Co. is partnering with Silicon Valley tech giant Cisco Systems Inc. to develop next-generation connected-car technologies.
Labor Chief Says VW Board Should Scrap Bonuses
4/19/2016Bernd Osterloh, who heads Volkswagen AG’s powerful works council, tells Handelsblatt the company’s management board members should cancel their bonuses entirely amid the company’s diesel emission cheating scandal.
Japan Quakes Could Put $275 Million Dent in Toyota’s Profits
4/19/2016Lost production caused by earthquakes in southern Japan over the past few days could reduce Toyota Motor Corp.’s operating profits by 30 million yen ($275 million). So says Koichi Sugimoto, a Tokyo-based analyst with Mitsubishi UFJ Morgan Stanley.
Jaguar Rules Out Wagons in Favor of Crossovers
4/19/2016Jaguar Land Rover Ltd. is dropping out of what it describes as a “massively shrinking” global market for wagons, says Jaguar design leader Ian Callum.
PSA Seeks €508 Million from Suppliers Who Fixed Prices
4/18/2016Groupe PSA is demanding five suppliers pay it €508 million in restitution after they admitted rigging prices for years on bearings sold to the company.
Datsun Unveils Mini-Crossover in India
4/18/2016Nissan Motor Co.’s Datsun brand will add a locally produced mini-crossover vehicle, the Redi-Go, in India in May.
Siemens, Valeo Launch EV Motor Venture
4/18/2016Siemens AG and Valeo SA have agreed to jointly make electric motors, onboard chargers, inverters and other high-voltage components for electric, plug-in and hybrid vehicles.
Detroit Auto Show to Debut Mobility Expo
4/18/2016The North American International Auto Show is adding a 120,000-sq-ft advanced mobility expo in January.
New Chevy Cruze Gets 42-mpg Highway Rating
4/18/2016General Motors Co. says the all-new 2016 Chevrolet Cruze compact car has a segment-leading highway fuel efficiency rating of 42 mpg from the U.S.
Ghosn Gives Up Chairmanship of AvtoVAZ
4/18/2016Renault-Nissan Alliance CEO Carlos Ghosn will relinquish his position as chairman of Russia’s largest carmaker, OAO AvtoVAZ , on June 23.