NEWS

Aptiv Touts Open-Source Dataset for Autonomous Cars

3/28/2019

Aptiv plc has created an open-source dataset that developers of autonomous driving systems can use for free.   

ZF Will Buy Wabco in $7 Billion Deal

3/28/2019

ZF Friedrichshafen AG has agreed to acquire Brussels-based Wabco Holdings Inc. in a deal worth $7 billion.

Daimler, Geely Confirm Venture to Relaunch Smart Brand

3/28/2019

Daimler and Zhejiang Geely Holding Group confirm they have formed a 50:50 joint venture to develop and operate Daimler’s Smart brand globally as an all-electric carmaker.

Report: BMW, Daimler to Collaborate on Small EVs

3/28/2019

BMW AG and Daimler AG plan to co-develop a platform for small electric vehicles that could yield models for both carmakers by about 2024, reports Manager Magazin.

Honda, Hino Join Toyota-Softbank Mobility Venture

3/28/2019

Honda and Hino Motors are joining the venture being launched next month by Toyota and Softbank Group to develop services that involve self-driving vehicles.

Auto Output in U.K. Fell 15% in February

3/28/2019

New-car production in the U.K. fell 15% last month, the ninth consecutive month of year-on-year shrinkage, the Society of Motor Manufacturers and Traders says.

Outside Panel Says Ghosn Had Too Much Power at Nissan

3/28/2019

An independent group asked to assess Nissan Motor Co.’s management and governance says too much power was concentrated in the hands of former Chairman Carlos Ghosn.

China’s UCAR Buys Majority Stake in Germany’s Borgward

3/27/2019

China-based ride-hailing service UCAR Inc. is acquiring control of German SUV maker Borgward Group AG, for $610 million.

VW, Amazon Partner on Cloud-Based Industrial Platform

3/27/2019

Volkswagen Group and Amazon Web Services have launched a multi-year partnership to link data from 122 VW facilities worldwide through a single cloud-based database.

SEAT to Launch 6 Electrified Models by 2021

3/27/2019

Volkswagen AG’s SEAT unit plans to introduce six electric and plug-in hybrid models by 2021.