Volvo Aims to Triple Output of Plug-In Hybrids
3/21/2019Volvo Car Corp. hopes to triple the combined production of its four plug-in hybrid models by year-end to meet greater than expected demand.
Ford Names New CFO, International and European Chiefs
3/21/2019Ford Motor Co. has named outsider Tim Stone to take over as chief financial officer on June 1, succeeding Bob Shanks who will retire at year-end after 42 years with the company.
Renault Tests Vehicle-to-Grid Energy Scheme
3/21/2019Renault SA is launching a pilot program that will allow electric vehicles to provide energy back to the grid.
Waymo to Add Second Robo-Fleet Center in Arizona
3/21/2019Alphabet Inc.’s Waymo self-driving unit plans to open an 85,000-sq-ft facility in Mesa, Ariz., later this year to house, support and service the company’s growing vehicle fleet.
Geely’s Profits Jump 18%
3/21/2019China’s Geely Holding Group reports record revenue and net profit for 2018, as unit sales jumped 20% to 1.5 million cars.
Volvo Plans Cameras to Monitor Bad Drivers
3/21/2019Volvo Car Corp. plans a system that monitors the driver for signs of intoxicated or distracted behavior and slows or stops the vehicle if necessary to prevent a crash.
Trump Again Tells GM to Sell or Reopen Lordstown Plant
3/21/2019President Donald Trump has again urged General Motors Co. to either sell or reopen its assembly plant in Lordstown, Ohio, as soon as possible.
Report: Ghosn Trial Will Begin in September
3/21/2019Carlos Ghosn’s trial on charges of underreporting his financial compensation as chairman of Nissan Motor Co. will start in September, according to Japan public TV broadcaster NHK.
Federal Reserve: No More Rate Hikes This Year
3/20/2019The Federal Reserve voted unanimously today not to raise interest rates through the end of 2019, citing a slowdown in the pace of U.S. economic growth.
Injury-Related Time Off for Tesla Workers Doubled in 2018
3/20/2019Injuries per work hour at Tesla Inc. were roughly unchanged last year, but the average time spent off the job because of injuries nearly doubled, Bloomberg News reports.