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BMW Names New CEO for S. Korean Unit
4/2/2019BMW AG has promoted Han Sang-yun from president to CEO of its South Korean business unit.
Renault Alerts Prosecutors About Ghosn Payments in Oman
4/2/2019Renault SA has advised prosecutors in France of possible misuse of funds by former Chairman Carlos Ghosn to pay a Renault-Nissan alliance distributor in Oman, sources tell Reuters.
Carmakers to Begin Brexit Plant Shutdowns in U.K.
4/2/2019Carmakers will begin long-planned Brexit-related plant shutdowns in the U.K. this month, despite a last-minute delay in Britain’s exit from the European Union.
Conti Buys Anti-Vibration Unit from Cooper Standard
4/2/2019Cooper-Standard Holdings Inc. has completed the sale of its anti-vibration systems unit to Continental AG in a deal worth $266 million.
Tesla Using Electric Semi to Deliver EVs
4/1/2019Tesla Inc. is using prototypes of its upcoming Semi electric truck to transport the company’s Model 3 EV to California distribution centers.
Report: Ghosn, Saikawa Mulled 4th Partner in Renault-Nissan Alliance
4/1/2019Last autumn Nissan Motor Co.’s chairman and CEO were considering whether to add a fourth company to the Renault-Nissan-Mitsubishi alliance, says Bloomberg News.
SK Innovation to Open Third Battery Separator Plant
4/1/2019South Korean battery maker SK Innovation Co. is erecting a $376 million factory in Poland to produce battery separators.
Tesla Model 3 Outsells Luxury Rivals in Europe
4/1/2019Demand for Tesla Inc.’s new Model 3 electric sedan topped sales of all other premium midsize cars in Europe in February, its first full month on the market.
U.S. Opens Another Probe into Kia, Hyundai Engine Fires
4/1/2019The National Highway Traffic Safety Administration has launched another investigation into a variety of engine problems that represent a fire risk in 3 million Hyundai and affiliate Kia vehicles.
Apple Hires Former Tesla Powertrain Chief
4/1/2019Apple Inc. has hired Michael Schwekutsch, who left Tesla Inc. last month, as senior director of engineering for the company’s secretive Project Titan autonomous car program.