NEWS

Car Sales in Europe Skidded 9% in August

9/18/2019

Retail deliveries of new cars and light trucks across Europe shrank 9% to 1.07 million units in August, trade group ACEA reports.

CATL to Supply EV Batteries to Daimler Trucks

9/18/2019

Daimler AG’s Trucks & Buses unit will source lithium-ion battery modules from China’s Contemporary Amperex Technology Ltd. (CATL) for a variety of electric trucks, starting in 2021.

UAW Walkout Could Cost GM $50 Million Per Day

9/18/2019

The United Auto Workers union strike that began on Monday against the U.S. facilities of General Motors Co. could cost the carmaker $50 million per day in pretax losses, says Credit Suisse.

Toyota, Aisin Invest $800 Million in Texas Plants

9/18/2019

Toyota Motor Corp. and its Aisin AW Co. supplier affiliate are investing a combined $791 million in Texas as the carmaker expands production at its San Antonio truck plant.

Report: Nissan Aims to Sell Trading Unit for $1 Billion

9/18/2019

Nissan Motor Co. hopes to sell its trading company subsidiary in a deal that could raise $1 billion for the struggling carmaker.  

U.S. Mulls EV Noise Alert Options

9/17/2019

The U.S. is considering an automakers petition to allow drivers to choose the warning tone their electric vehicles make.

Shanghai Okays Passengers in Robotic Cars

9/17/2019

Shanghai has given three companies permission to carry passengers in their self-driving cars, says the state-run Xinhua News Agency.

Veoneer Readies Thermal Camera for Self-Driving Cars

9/17/2019

Sweden’s Veoneer Inc., the former electronics business of Autoliv Inc., says it has won a contract to supply thermal cameras to an unnamed carmaker for use in future autonomous vehicles.

Chevy Axes Malibu Hybrid

9/17/2019

General Motors Co. reportedly is pulling the plug on the hybrid-electric variant of its Chevrolet Malibu sedan for the 2020 model year.

Ford Aims to Overhaul Core Tech Center by 2022

9/17/2019

Ford Motor Co. says it will complete construction on the central campus of its revamped technical center in Dearborn, Mich., by the end of 2022.