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Kia Sketches Compact Crossover
5/14/2019Kia Motors Corp. has released sketches of the compact crossover vehicle it will debut later this year.
Nissan Predicts Further Erosion as Profits Plunge
5/14/2019Nissan Motor Co.’s profits plunged in the fiscal year ended March 31, and the company predicts another sharp decline this year.
Rimac Lands $90 Million from Hyundai/Kia
5/14/2019Hyundai Motor Co. and its Kia Motors Corp. affiliate are investing a combined €80 million ($90 million) in Croatian electric vehicle specialist Rimac Automobili.
Fujitsu, Ford Partner on Connectivity
5/14/2019Fujitsu Ltd. and Ford Motor Co.’s Autonomic subsidiary are teaming to enhance the processing capability of Autonomic’s Transportation Mobility Cloud for vehicle-to-everything communications.
Citroen Shows Quirky EV Concept
5/14/2019PSA Group’s Citroen unit took the wraps off its 19_19 Concept car this week in commemoration of the brand’s 100th anniversary.
VW to Launch Battery Cell Production in Germany
5/14/2019Volkswagen AG says it will begin making battery cells in Salzgitter, Germany, on a pilot basis by the end of 2019.
Uber Shares Drop Another 11%
5/14/2019Shares in ride-hailing service Uber Technologies Inc. shrank another 11% on Monday, their second day of public trading.
Trump Ponders Tariffs on Another $325 Billion in Chinese Imports
5/14/2019President Donald Trump says he has made no decision whether to supplement last Friday's 25% tariffs on $200 billion worth of Chinese imports with levies on an additional $325 billion in goods.
Honda Says Swindon Plant in U.K. Cannot Be Saved
5/14/2019Honda Motor Co. has reconfirmed it will shut down its assembly Swindon assembly plant in the U.K. in 2021, ending efforts to save the facility.
Panasonic: Tesla Model Y Will Cause Battery Shortage
5/13/2019Panasonic Corp. warns it may run short of batteries for Tesla Inc. when the carmaker begins selling its Model Y crossover vehicle.