NEWS

VW Mulls Options for U.S. Pickup Truck

4/30/2019

Volkswagen AG is considering at least three options to enter the U.S. pickup truck market. 

LG Chem Files U.S. Lawsuits Against Rival SK Innovation

4/30/2019

South Korea’s LG Chem Ltd. and its U.S. manufacturing subsidiary have filed a pair of lawsuits claiming that rival battery maker SK Innovation Ltd. stole trade secrets related to LG’s lithium-ion battery technology.

Veoneer Seeks $500 Million Capital Infusion

4/30/2019

Veoneer Inc., the former electronics business of Autoliv Inc., aims to raise $500 million to help fund new product development and counter slowing vehicle sales.

Cadillac to Upgrade Super Cruise Tech

4/30/2019

General Motors Co.’s Cadillac unit will introduce an upgraded version of its Super Cruise semi-autonomous driving system next year as it expands availability of the technology throughout its lineup by 2021.

BMW Logistics Center Tests Self-Driving Skiffs

4/30/2019

BMW AG’s logistics center in Dingolfing, Germany, has begun using self-driving platforms to transport incoming replacement parts from the freight dock to the warehouse.

Lexus to Produce NX Crossover in Canada

4/30/2019

Toyota Motor Corp.’s plant in in Cambridge, Ont., will add production of gasoline and hybrid variants of the Lexus NX crossover vehicle in 2022 for sale in North America.

Car Production Skids Another 14% in U.K.

4/30/2019

Vehicle output in the U.K. shrank 14% to 126,200 vehicles in March, the 10th consecutive month of year-on-year decline, according to the Society of Motor Manufacturers and Traders.

U.S.-China Trade Talks Move to Beijing

4/30/2019

Top-level trade talks between the U.S. and China began in Beijing today in hopes of reaching an accord by mid-May.

France, Germany Launch Battery Cell Alliance

4/30/2019

French battery maker Saft Groupe SA and carmaker PSA Group, including its Opel unit in Germany, aim to form a battery cell consortium to operate in both countries.

U.S. Fuel Prices at Record High for the Year

4/30/2019

The average price for a gallon of regular-grade gasoline climbed to $2.88 yesterday, its highest price this year, according to auto insurance giant AAA.