NEWS

Tesla’s Gigafactory Begins Powerwall Battery Production

3/29/2016

Tesla Motors Inc. tells reporters it has begun making Powerwall stationary battery systems at its “gigafactory” outside Reno, Nev., even as plant construction continues.

Toyota, Nissan Cut Production in Japan

3/29/2016

Toyota Motor Corp. and Nissan Motor Co. say they reduced their domestic vehicle output in February by 19% to 223,900 units and 2% to 83,800 units, respectively.

U.S. Gasoline Prices Top $2 Per Gallon

3/29/2016

The average price of a gallon of regular-grade gasoline in the U.S. reached $2.04 on Monday, surpassing $2 for the first time in 2016, according to the AAA Daily Fuel Gauge Report.

Judge Rejects GM Ignition Switch Fraud Claim

3/28/2016

General Motors Co. has won a partial victory in a second bellwether lawsuit designed to help resolve hundreds of similar complaints about 2.6 million defective ignition switches GM recalled in 2014.

Tesla Will Seek Federal Ruling to Allow Factory-Direct EV Sales

3/28/2016

Tesla Motors Inc. is readying a federal lawsuit in a bid to overturn laws in six states that ban it from selling its electric cars direct to customers, The Wall Street Journal reports.

France Complains About 91% Pay Hike for PSA’s Tavares

3/28/2016

The French government’s representatives on the board of PSA Peugeot Citroen have complained about last year’s 91% jump in compensation paid to CEO Carlos Tavares, according to Les Echos, which cites no sources.

BYD to Open $614 Million Electric-Bus Plant in China

3/28/2016

China’s BYD Co. Ltd. plans to open a 4 billion-yuan ($614 million) factory in Taiyuan as soon as late this year to make electric buses and other specialty EVs.

Hyundai Develops Sliding/Gullwing Door System

3/28/2016

Hyundai Motor Co. has filed an application with the U.S. Patent Office for a door that can be opened upward like a gullwing unit or slide sideways like a minivan door.

Cadillac Shifts to One-Size-for-All Strategy for Global Cars

3/28/2016

General Motors Co.’s Cadillac unit no longer will offer stretched wheelbase versions of its vehicles in China.

GM Gets Antitrust Okay to Buy Cruise Automation

3/28/2016

General Motors Co. has won approval from the U.S. Federal Trade Commission to acquire San Francisco startup Cruise Automation Inc.