NEWS

Aurora Buys Lidar Specialist Blackmore

5/24/2019

Silicon Valley-based self-driving-car startup Aurora Innovation Inc. has acquired Blackmore Sensors and Analytics Inc., a Montana-based developer of lidar sensors.

China Hints It Could Embargo Rare Earth Minerals to U.S.

5/24/2019

China hints it might counter a U.S. escalation in the trade war between the countries by restricting exports of its rare earth minerals used in electric cars and consumer electronics.

Thai Auto Exports Drop to 2-Year Low

5/24/2019

Thailand new-vehicle exports slumped 8% to 67,100 units in April, their smallest volume in two years, the Federation of Thai Industries says.

France: Renault-Nissan Alliance Must Change or Die

5/24/2019

The Renault-Nissan-Mitsubishi alliance is unsustainable without changes in structure, declares Bruno Le Maire, France’s minister of the economy and finance.

Boring Wins Contract for Las Vegas Tunnel

5/23/2019

Elon Musk’s Boring Co. has received a contract to build a high-speed underground transportation system for the Las Vegas convention center.

Renault Unveils Russian-Built Crossover Model

5/23/2019

Renault SA has unveiled the production version of the Arkana, a small SUV/crossover vehicle it developed primarily for the Russian market.

U.S.-Japan Trade Talks Off to a Shaky Start

5/23/2019

Working level talks about avoiding hefty U.S. tariffs on cars from Japan began with the two sides far apart, The Nikkei reports.

Bosch Will Pay €90 Million Fine for Diesel Emission Cheating

5/23/2019

Robert Bosch GmbH has agreed to pay a €90 million ($101 million) fine in Germany for its role in developing software used to cheat on diesel emission certification tests.

Pretrial Hearings Begin for Ghosn Trial in Japan

5/23/2019

The first pre-trial hearing kicked off in Tokyo earlier today concerning charges of financial wrongdoing by former Nissan Motor Co. Chairman Carlos Ghosn.

Welby to Head Infiniti’s U.S. Sales Operations

5/23/2019

Nissan Motor Co. has named Bob Welby to head sales for the company’s Infiniti luxury brand in the U.S.