NEWS

Sumitomo Electric Strengthens Aluminum Wire Harness

9/28/2015

Sumitomo Electric Industries Ltd. has developed a new aluminum wire harness that is twice as strong as the aluminum system it launched in 2010, according to multiple media reports.

VW Hires Disaster Specialist Law Firm

9/28/2015

Volkswagen AG has retained the law firm Kirkland & Ellis LLP to help it navigate a rapidly expanding array of legal challenges over its confessed rigging of diesel emission tests in the U.S., Bloomberg New says.

UPDATE: Audi, Skoda, VW Detail Scope of Diesel Emission Scandal

9/28/2015

Volkswagen AG's Audi, Skoda and VW brands say 2.1 million, 1.2 million and 5 million of their diesel-powered vehicles, respectively, have been equipped with software that could cheat government emission tests.

Alcoa to Split into Two Companies

9/28/2015

Alcoa Inc. is splitting into two independent, publicly traded companies.

NHTSA May Add 7 More Carmakers to Takata Airbag Inflator Recall

9/28/2015

The National Highway Traffic Safety Administration may expand its recall of cars equipped with potentially fatal Takata Corp. airbag inflators to include seven more producers, Bloomberg News reports.

Report: Blume to Take Over as Head of Porsche

9/28/2015

Oliver Blume, who currently heads production at Porsche AG, will be named to succeed Matthias Mueller as CEO of the luxury sports car company in the near future, sources tell Bloomberg News.

Tesla Targets 750-Mile Range by 2020

9/28/2015

Tesla Motors Inc. expects to increase the driving range of its electric vehicles to about 620 miles within the next two years and extend that range 5%-10% per year thereafter to nearly 750 miles by the end of the decade.

VW Diesel Cheating Used Software Supplied by Bosch

9/28/2015

Robert Bosch GmbH provided Volkswagen AG with diesel engine management software the carmaker later used to cheat government emission tests, according to Bild am Sonntag.

Germany Wants Diesel Clean-Up Plan from VW by Oct. 7

9/28/2015

Germany's Federal Motor Transport Authority has ordered Volkswagen Group to provide by Oct. 7 a "binding" plan to fix some 2.8 million diesel-powered vehicles that were sold in Germany with software that could be used to cheat on emission tests.

EPA Vows Tighter Emission Testing, More Spot-Checks

9/28/2015

The U.S. Environmental Protection Agency has advised carmakers it may subject their vehicles to new and unspecified tests to help determine if the vehicles have been rigged to cheat the normal certification process.