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UPDATE: JLR Confirms €1.4 Billion Factory in Slovakia
12/11/2015Jaguar Land Rover Ltd. has signed a deal with Slovakia to build a €1.4 billion ($1.5 billion) factory in Nitra that will begin assembling vehicles in late 2018. Construction will begin next year.
Renault Cedes to French Government in Power Struggle
12/11/2015Renault SA’s board has largely capitulated to the French government to end an eight-month power struggle over control of the carmaker and its alliance with Nissan Motor Co.
VW Sales Dipped 2% in November
12/11/2015Volkswagen Group sales, including commercial vehicles, declined to 833,700 units in November from 852,900 in the same month last year.
Dow, DuPont to Merge, Then Create 3 Companies
12/11/2015U.S. chemical giants Dow Chemical Co. and DuPont Co. have agreed to merge and then divide into three independent companies that focus on agriculture, specialty chemicals and material science.
Lambo Aventador Too Powerful for Rear-Drive Configuration
12/11/2015Volkswagen AG’s Lamborghini unit plans to stick with an all-wheel-drive-only layout for its next-generation Aventador supercar.
Ford Pilots Employee Shuttle Service in Dearborn
12/11/2015Ford Motor Co. has launched a “dynamic shuttle” pilot program that allows employees to schedule rides between buildings throughout the company’s Dearborn, Mich., operations online or via a new smartphone application.
Henrik Fisker Powers Up New Supercar
12/11/2015Design entrepreneur Henrik Fisker will unveil his new Force 1 supercar in January at the Detroit auto show.
Partners Ready 3-D Instrument Panel Technology
12/11/2015Delphi Automotive LLP and PureDepth Inc. will demonstrate a new 3-D instrument panel display in a Ford Mustang GTO concept car next month at the Consumer Electronics Show in Las Vegas.
BMW Group Sales Climb to Record High in November
12/11/2015BMW AG reports its group sales rose 5% to a record 197,500 units last month.
Next-Generation Prius Debuts in Japan
12/11/2015Toyota Motor Corp. launched the all-new version of its Prius hybrid in Japan this week.