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Ford, DowAksa Partner on Carbon Fiber Development
4/17/2015Ford Motor Co. has signed an agreement with DowAksa to develop high-volume production techniques for carbon-fiber-reinforced components for cars.
VW Board Backs Winterkorn in Rebuke to Piech
4/17/2015The six-member executive committee of Volkswagen AG's supervisory board has declared CEO Martin Winterkorn "the best possible" chief executive for the company and says it will renew his contract in 2016.
Renault Board Will Resist French Government Power Grab
4/17/2015Renault SA's directors vow to fight an attempt by the French government to defeat the board's desire to adopt a "one-share, one-vote" policy for stockholders.
Nissan Expands Takata Airbag Inflator Recall
4/17/2015Nissan Motor Co. is adding about 45,000 Sentra small sedans to the group of 2004-2006 vehicles it is recalling to replace Takata Corp. airbag inflators that could explode when activated, Reuters reports.
Carmakers Urge India to Reserve Bandwidth for Radar
4/17/2015Carmakers are urging India to set aside bandwidth for short-range automotive radar used in such safety features as adaptive cruise control and lane departure warning systems, The Economic Times reports.
Toyota Exec Questions Fast Charging for EVs
4/17/2015Being able to quickly recharge an electric car during a long trip would appeal to buyers.
FCA Announces Worker Bonus Plan
4/17/2015Fiat Chrysler Automobiles NV is launching a new productivity-based bonus plan for its hourly workers in Italy.
Hyundai Seeks to Decouple Pay from Seniority
4/16/2015Hyundai Motor Co. wants to index the pay of its hourly workers in the future to merit rather than seniority, Reuters reports.
No Resolution Yet to VW Management Crisis
4/16/2015The leadership committee of Volkswagen AG's supervisory board met on Thursday afternoon and adjourned three hours later, apparently without resolving the crisis created last Friday when Chairman Ferdinand Piech indicated he had lost confidence in CEO Martin Winterkorn.
Amsterdam Hosts FCA’s First Shareholder Meeting
4/16/2015Fiat Chrysler Automobiles NV held its first shareholders' meeting in Amsterdam on Thursday, ending Fiat's century-long tradition of convening the meeting in Turin.