NEWS

Toyota Partners with New York Startup on HD Maps

3/1/2019

Toyota Motor Corp. is working with Carmera Inc., a New York City-based startup, to develop high-definition maps for urban roads.

Report: Renault May Replace Two Board Members

3/1/2019

Renault SA’s new chairman may replace at least two of the company’s board members, sources tell Bloomberg News.

Former Mercedes EV Exec to Head SEAT R&D

3/1/2019

Volkswagen AG’s SEAT unit has named Axel Andorff vice president of research and development.

Dana Completes Purchase of Oerlikon’s Driveline Business

3/1/2019

Dana Inc. has completed the acquisition of the Drive Systems segment of Switzerland’s Oerlikon Group.

Tata Denies Report of Possible JLR Sale

3/1/2019

Tata Motors Ltd. says it is not considering selling part of its struggling Jaguar Land Rover unit, countering a Bloomberg News report earlier today.

India Okays $1.4 Billion Plan to Boost Electrification

3/1/2019

India’s central government has approved a scheme to spend 99 billion rupees ($1.4 billion) over three years on incentives to jump-start demand for hybrid and all-electric vehicles.

Report: Ford Job Cuts in China Will Reach at Least 2,000

3/1/2019

Ford Motor Co.’s joint venture with China’s Changan Automobile Group reportedly is eliminating 2,000 jobs, or about 10% of its workforce.

Tesla Finally Debuts $35,000 Version of Model 3

3/1/2019

Tesla Inc. has finally made good on its promise nearly four years ago to offer its Model 3 electric sedan at a base price of $35,000.

Subaru Recalls 2.3 Million Cars Worldwide

2/28/2019

Subaru Inc. says it will recall nearly 2.3 million of its Impreza cars and Forester crossover vehicles to replace a switch that can make it impossible to start the engine.

China EV Maker Rolls Ahead with U.S. Plans

2/28/2019

CH-Auto Technology Co.’s Qiantu Motors unit  will display its K50 electric sports car at the New York auto show in April as part of the Chinese company’s plans to launch sales in the U.S. next year.