NEWS

Skoda Freshens Superb Sedan

5/7/2019

Volkswagen AG’s Skoda unit is updating its flagship Superb sedan with an exterior facelift, new interior display and hybrid powertrain option.

GM Cruise Picks Up Another $1.2 Billion in Funding

5/7/2019

GM Cruise LLC has received $1.2 billion from institutional investors, thereby hiking the market value of the autonomous-car startup to $19 billion.

Google Updates Android Auto Smartphone Interface

5/7/2019

Alphabet Inc.’s Google unit has enhanced the functionality and graphics of its Android Auto in-vehicle interface for smartphones.

Oldorff to Head Autoliv’s European Operations

5/7/2019

Autoliv Inc. has hired Frithjof Oldorff to head the company’s European operations.

Ford Shares Virtual Design Tool Globally

5/7/2019

Ford Motor Co. has begun using a virtual reality tool that allows designers across the globe to collaborate in real time. 

BMW’s Net Profit Plunges 74%

5/7/2019

BMW AG reports that its group net profit shrank to €588 million ($659 million) in the first quarter from €2.3 billion in the same period last year.

China’s Great Wall Opens SUV Plant in Russia

5/7/2019

China’s Great Wall Motor Co. says it will begin making Haval F7 crossover vehicles at a new factory in central Russia later this month.

Report: VW Partners with China’s NIU on e-Scooters

5/7/2019

Volkswagen AG is partnering with China-based NIU Technologies to make electric scooters for urban commuting, says Germany’s Die Welt.

BMW Affirms China EV Export Strategy

5/7/2019

BMW AG confirms it will use factories in China to supply its all-electric iX3 small crossover vehicle to global markets.

U.S.-China Trade Talks Back in Limbo Again

5/6/2019

An accord to end the trade war between the U.S. and China remains elusive after the U.S. accused China of reneging on commitments that had made a deal appear imminent.