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Industry Veteran O’Neill to Head Dealer Service Group
5/17/2019Finbarr O'Neill, who retired as CEO of J.D. Power in 2018, has been named CEO and chairman of APCO Holdings Inc., a Norcross, Ga.-based dealer service company.
April Car Sales Slip 1% in Europe
5/17/2019New-car sales across Europe dipped to 1.34 million units in April from 1.35 million a year earlier. January-April deliveries fell 3% to 5.49 million units vehicles.
Tesla Launches New Round of Cost Cuts
5/17/2019Tesla Inc. CEO Elon Musk told employees yesterday that the company will conduct a new review of its expenses in a bid to further cut costs.
German Startup Unveils 5-Passenger Electric Air Taxi
5/17/2019German startup Lilium GmbH has unveiled a new five-passenger prototype of an electric air taxi it hopes to put into production by 2025.
FCA Moves Closer to Investment Grade Rating
5/17/2019Moody’s Investors Service has joined S&P Global Ratings in elevating its credit rating for Fiat Chrysler Automobiles NV to one notch below investment grade.
Nissan Readies Next-Gen Automated Driving Tech, Eschews Lidar
5/17/2019Nissan Motor Co. will launch an updated version of its ProPilot semi-autonomous driving technology this autumn in the Japanese-market Skyline sedan.
U.K. Adds Another $36 Million for Battery Tech Facility
5/16/2019The British government has pledged to contribute £28 million ($36 million) to the country’s Battery Industrialization Centre.
FCC Delays Review on Spectrum for V2V Communications
5/16/2019U.S. regulators are delaying a review of unused broadcast spectrum set aside to enable vehicles to communicate with their surroundings.
Honda Aims to Put Used EV Batteries to Work
5/16/2019Honda is working with Ohio-based electric utility American Electric Power to develop a network of used electric vehicle batteries to supplement electric grids.
Calif. Ponders Emission Rules to Offset Weaker U.S. Limits
5/16/2019California regulators say they may impose more demanding emission limits on cars—and even a ban on internal combustion engines—to offset the greater pollution from vehicles that meet the relaxed standards planned by the Trump administration.