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Ginetta Names 200-mph Hypercar “Akula”
3/7/2019U.K.-based specialty builder Ginetta Cars Ltd. has named its upcoming hypercar the Akula (Russian for shark).
Chipmaker Renesas Trims Output at 6 Plants
3/7/2019Japanese chipmaker Renesas Electronics Corp. says it will suspend production at six factories in Japan for as long a two months.
SEAT to Produce Electric Quadricycle
3/7/2019Volkswagen AG’s SEAT unit plans to launch a production version of the tiny Minimo concept electric vehicle it unveiled earlier this month in Barcelona.
VW Challenges Fine Over Diesel Emissions in India
3/7/2019Volkswagen AG says it will challenge a $71 million fine in India for selling diesel-powered vehicles that had been rigged to evade emission standards.
Tesla Readies Faster Charging Stations
3/7/2019Tesla Inc. says it can cut charging times for its electric vehicles by 50% with higher-capacity charging stations and battery pre-heating.
Central Bank Unveils Stimulants for EU Economy
3/7/2019The European Central Bank is taking steps to revive the European Union’s softening economy.
Conti: No Profits in Autonomous Cars Until 2030
3/7/2019Continental AG says it expects no significant revenue from its autonomous-driving products until at least 2030.
Schaeffler Will Cut 900 Jobs in Europe
3/7/2019German bearings supplier Schaeffler AG says it will shed 900 jobs and may close as many as five small factories after posting a 13% drop in pretax earnings for 2018.
GM’s Lordstown Plant Builds Its Last Chevy Cruze
3/7/2019General Motors Co.’s factory in Lordstown, Ohio, assembled its last Chevrolet Cruze compact car yesterday, leaving the facility with no new product to build.
Waymo to Sell Lidar for Non-Auto Applications
3/7/2019Alphabet Inc.’s Waymo self-driving car unit hopes to lower the cost of its lidar sensors by building a market for them beyond the auto industry.