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Transit Unions Brace for Autonomous Future
3/22/2019Warning that autonomous vehicles could eliminate as many as 3 million jobs in the U.S., the Transportation Trades Dept. (TTD) is calling on Congress to implement a number of measures to minimize the impact on the workforce and address potential safety concerns of such vehicles.
Hyundai Prevails in Activist Proxy Fight
3/22/2019Hyundai Motor Group shareholders have rejected a proposed board overhaul and bonus dividend proposed by activist hedge fund Elliott Management Corp.
VW, Northvolt Form European Battery Consortium
3/22/2019Volkswagen AG and Swedish battery startup Northvolt AB have agree to form a consortium to accelerate battery research in Europe.
Opel’s Union Okay Employee Transfers at German Tech Center
3/22/2019As many as 2,000 workers at PSA Group’s Opel engineering center in Russelsheim, Germany, will be allowed to transfer to a French engineering company.
FCA Powertrain Legend Bob Lee to Retire
3/21/2019Bob Lee, who heads Fiat Chrysler Automobile NV’s global powertrain development, is retiring at the end of April.
U.S. Sued Over Report on Foreign Cars as Security Threat
3/21/2019A conservative group has sued the U.S. Dept. of Commerce to release its February report to the White House about the security threat of foreign cars.
U.S.-EU Trade Talks Stall Over Scope
3/21/2019Trade negotiators for the European Commission still haven’t agreed on the scope of their talks with the U.S., prompting new Trump administration threats of hefty import tariffs on cars from Europe, Reuters reports.
Porsche Adds Sporty Cayenne Variant
3/21/2019Today Porsche AG took the wraps off a fastback version of its Cayenne crossover vehicle.
F-150 Pickup Earns Top Score in IIHS Crash Test
3/21/2019The Ford F-150 fullsize pickup truck outperformed 10 rivals in the latest batch of passenger-side front crash tests by the Insurance Institute for Highway Safety.
Chinese Firm Licenses WiTricity Wireless Charging Tech
3/21/2019Boston-based WiTricity Corp. has agreed to license its wireless charging technology for electric vehicle batteries to China’s Zhejiang VIE Science & Technology Co. for local applications.