NEWS

Ghosn Clarifies Renault-Nissan’s EV Battery Strategy

9/25/2014

Renault-Nissan alliance CEO Carlos Ghosn flatly denies a Reuters report last week suggesting that Nissan may phase out production of batteries for its Leaf electric car in Tennessee.

Ford Will Hire 1,200 More Workers to Make Transit Vans

9/25/2014

Ford Motor Co. says it will add 1,200 jobs at its factory in Kansas City, Mo., to help boost production of the family of all-new Transit commercial van made there.

California Pitches Tesla on Second Gigafactory

9/25/2014

A delegation of California legislators is urging Tesla Motors Inc. CEO Elon Musk to consider their state for Tesla's second electric-car battery plant, the weekly Silicon Valley Business Journal reports.

Renault, Daimler Recall 485,000 Vehicles in Europe

9/25/2014

Renault SA and Daimler AG have launched three recalls in Europe to repair brake flaws in about 485,000 small cars and delivery vans, Reuters reports.

GM Victim Fund Makes First Offers as New Claims Roll In

9/25/2014

General Motors Co. has made preliminary cash offers on about 15 claims of death or major injury resulting from 2.6 million defective ignition switches recalled in February, according to the office administering the program.

Germany Proposes Free Parking for EVs

9/24/2014

Germany's cabinet is supporting a bill that would enable owners of electric, fuel-cell and certain plug-in hybrid vehicles the right to drive in bus lanes and park free nationwide.

Saab Automobile Plans to Cut Workforce 36%

9/24/2014

China's National Electric Vehicle Sweden AB says it will lay off as many as 200 of its 550 employees as it struggles to relaunch production at its Saab factory in Sweden.

VW Plans Assembly Plant in Nigeria

9/24/2014

Nigeria's trade and investment minister tells Bloomberg TV that Volkswagen AG intends to set up a car assembly operation in the country in December.

New Caddy’s Name: CT6

9/24/2014

Last week General Motors Co. confirmed plans to add a new top-of-the-line Cadillac sedan late next year. Now it has dropped the other shoe by announcing the model will be called the CT6.

Report: GM Overpaid Execs Under Bailout Rules

9/24/2014

Last year General Motors Co. paid each of 16 top executives more than the $500,000 cash cap per employee the company agreed to under terms of its bailout, according to a watchdog report.