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Daimler Trucks Buys Majority Stake in Torc Robotics
3/29/2019Daimler AG’s commercial truck unit has purchased a controlling stake in Torc Robotics Inc., a Virginia-based developer of autonomy driving technology.
Ford Drops C-Max, Night Shift at Saarlouis Plant
3/29/2019Ford Motor Co. will end production of its C-Max MPV and drop one of three shifts at its assembly plant in Saarlouis, Germany, at the end of June.
France Hikes Stake in Valeo
3/29/2019The French government’s Bpifrance investment arm has increased its stake in auto supplier Valeo SA to 5%, in part over concern that activist investors may target the country’s companies.
Bonneville Salt Flats Nets Funding for Repairs
3/29/2019Utah has approved $5 million in funding as the first step to help restore the legendary Bonneville Salt Flats speed course.
Ex-NHTSA Exec to Head Safety at Uber
3/29/2019Uber Technologies Inc. has promoted Nat Beuse to head of safety for the company’s Advanced Technologies Group.
GM Won’t Cut Price on Bolt EV to Offset Shrinking Tax Credit
3/29/2019General Motors Co. tells Reuters it won’t adjust the retail price of its Chevrolet Bolt electric car to offset after a federal tax credit drops 50% on Monday.
Kia Concepts Preview New SUVs
3/29/2019Kia Motors Corp. took the wraps off two SUV/crossover vehicles—the Mohave Masterpiece and SP Signature—at this week’s Seoul auto show.
Siemens Joins VW/Amazon Industrial Cloud
3/29/2019Siemens AG will be the integration partner for the Volkswagen Industrial Cloud platform the carmaker is developing with Amazon Web Services.
VW Arteon Debuts in U.S., at Last
3/29/2019Volkswagen AG will finally introduce its Arteon flagship sedan in the U.S. next month with a starting price of $36,800.
GM Korea Finds a Buyer for Shuttered Plant
3/29/2019General Motors Co. is selling an auto assembly plant it closed in Gunsan, South Korea, last year to MS Autotech Co. Ltd, a local auto parts supplier.