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Toyota, Suzuki Expand Partnership for India, Europe
3/20/2019Toyota Motor Corp. and Suzuki Motor Corp. have agreed to further their cooperative efforts with new initiatives to share compact cars and electrified vehicles in Europe and India.
UPDATE: Vietnam-Backed Hackers Target Carmakers
3/20/2019Cyber attacks against carmakers by “state-aligned” hackers in Vietnam reportedly have accelerated sharply this year, Bloomberg News reports.
VW, FAW Form Connectivity JV in China
3/20/2019Volkswagen AG’s namesake brand and Chinese partner FAW Group are forming a joint venture in Chengdu, China, that will focus on connectivity and other digital services for the local market.
BMW Will Step Up Cost Cutting as Earnings Sag
3/20/2019BMW AG hopes to lower its costs by €12 billion ($13.6 billion) between now and the end of 2022 after reporting its net profit fell 17% to €7.2 billion ($8.2 billion) in 2018.
Skoda Readies 30-Model Product Offensive
3/20/2019Volkswagen AG’s Skoda unit plans to launch 30 new models by 2023, one-third of which will have all-electric or hybrid powertrains.
Ford Will Prepare Michigan Plant to Make EVs
3/20/2019Ford Motor Co. says it will spend $850 million over the next four years at its assembly plant in Flat Rock, Mich., mainly to prepare it to make all-electric vehicles.
Bimmer 2 Series Sedan to Get L.A. Reveal
3/20/2019BMW AG plans to take wraps off its upcoming 2 Series Gran Coupe at the Los Angeles auto show in November.
Hyundai Mobis Partners with Russian Firm on Robo-Taxis
3/20/2019Hyundai Mobis Co. has agreed to partner with Russian tech giant Yandex NV to develop an autonomous vehicle platform.
Microsoft Connectivity Tech to Debut Later this Year
3/20/2019The Renault-Nissan-Mitsubishi alliance will launch the first applications of Microsoft Corp.’s cloud-based connectivity vehicle technology later this year.
Brazil, Mexico Begin Free-Trade Deal on Cars
3/20/2019Brazil and Mexico, Latin America’s two largest national economies, have begun a free-trade agreement for light vehicles, Reuters reports.