NEWS

Ghosn Video Blasts “Backstabbing” Nissan Executives

4/9/2019

Former Nissan Motor Co. Chairman Carlos Ghosn issued a video statement today decrying “backstabbing” executives at the company for conspiring to oust him.

Construction Begins on Plant to Make Lotus Cars in China

4/9/2019

Zhejiang Geely Holding Group Co. has begun erecting a factory in central China to make high-end Lotus cars for the local market.

Partners Unveil Prototype 3D-Printed Aluminum Spaceframe

4/9/2019

A team led by EDAG Engineering GmbH and Siemens AG have developed a prototype spaceframe with 3D-printed aluminum components.

Hyundai Teases Venue Crossover

4/9/2019

Hyundai Motor Co.’s all-new Venue compact crossover will incorporate the carmaker’s latest design language and feature a relatively spartan interior.

SEAT Expands CNG Lineup

4/9/2019

Volkswagen AG’s SEAT unit is adding variants of its Arona SUV/crossover vehicle and Ibiza supermini in Europe with engines capable of running on compressed natural gas fuel.

Report: Ford to Form Indian JV with Mahindra

4/9/2019

Ford Motor Co. is close to an agreement to replace its operations in India with a joint venture majority-owned by Mahindra & Mahindra Ltd., sources tell Reuters.

Tenneco Powertrain Nabs 2 PACE Innovation Awards

4/9/2019

The winners of this year’s PACE Awards (Premier Automotive Suppliers’ Contribution to Excellence) for innovation consisted of 13 suppliers from around the world.

Thailand Ponders Curbs on Easy Auto Loans

4/9/2019

Thailand’s central bank may decide by June whether to tighten lending rules for auto loans to  control spiraling household debt levels.

Mexico Border Delays Cut Trucks to U.S. by 50%

4/9/2019

Backups at the Mexican border to the U.S. slashed the flow of northbound trucks by half last week, Reuters reports.

Tesla Makes New Cuts to Sales Staff

4/9/2019

Tesla Inc. has fired dozens of “inside” sales people at offices in Chicago, Brooklyn N.Y.; and Tampa, Fla.