NEWS

Report: Renault Readies New Nissan Merge Plan

4/26/2019

Renault SA is preparing a proposal that would merge the company with Nissan Motor Co. through a holding company, sources tell The Nikkei.

Munro Partners with India Engineering Firm

4/26/2019

Auburn Hills, Mich.-based Munro & Associates Inc. has formed a strategic alliance with India’s Hinduja Tech Ltd. to widen its range of engineering services. 

U.S. Economy Expands 3.2%

4/26/2019

America’s gross domestic product grew by an annualized 3.2% in the first quarter of 2019, according to a first estimate by the Dept. of Commerce.

Next-Gen Hyundai Tucson to Get “Freaky” Design

4/26/2019

Hyundai Motor Co.’s next-generation Tucson crossover vehicle will feature radical styling that goes well beyond that of the 2020 Sonata sedan and upcoming Venue crossover.

FCA Offers 1,000-hp “Hellephant” Crate Engine at $30,000

4/26/2019

Fiat Chrysler Automobiles NV’s Mopar parts unit is taking pre-orders for its “Hellephant” crate engine, with prices starting at $30,000.

U.S. Opens Criminal Probe into Ford Emission Testing

4/26/2019

The U.S. Dept. of Justice has launched a criminal investigation into Ford Motor Co.’s emission testing methods.

Porsche Developing Panamera Coupe, Convertible

4/26/2019

Porsche AG is developing coupe and convertible variants of its Panamera sedan, according to multiple reports.  

Nikon to Produce Lidar for Velodyne

4/26/2019

Camera giant Nikon Corp., which invested $25 million in Velodyne Lidar Inc. last year, will produce lidar systems for the California-based company through its Sendai Nikon subsidiary in Japan.

Another Delay in Musk-SEC Contempt Settlement

4/26/2019

Tesla Inc. CEO Elon Musk and the U.S. Securities and Exchange Commission have secured a second extension of their talks to avoid a contempt of court ruling over Musk’s impulsive use of Twitter.

Toyota’s Lexus Brand to Enter Mexican Market

4/26/2019

Toyota Motor Corp. says its Lexus luxury brand will enter the Mexican market at the end of 2021.