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Report: FCA Near Deal to Settle Diesel Pollution Probe
1/9/2019Fiat Chrysler Automobiles NV is close to an agreement to end a federal investigation into whether the carmaker deliberately evaded U.S. diesel emission laws.
Union Stages Sit-Down Protest at GM Oshawa Plant
1/9/2019Members of Canada’s Unifor union protested General Motors Co.’s plan to close the company’s Oshawa assembly plant in Ontario by refusing to work the night shift last night.
Schaeffler Pedals Up Urban Mobility Vehicle
1/8/2019Germany’s Schaeffler AG plans to begin testing its electric-assist quadracycle this summer and launch limited production for commercial applications next year.
Ghosn Could Face Another 6 Months in Jail
1/8/2019Carlos Ghosn, who has been held in a Tokyo jail since Nov. 19 for financial misdeeds as chairman of Nissan Motor Co., could spend another six months behind bars, according to his lawyer.
Toyota Pushes Its Driver Assist System as Rival to Waymo
1/8/2019Experts say Toyota Motor Corp.’s offer to market its Guardian driver assist technology to other carmakers is a bid to set a de facto industry standard for the way future cars operate under human or robotic control.
Ellison Confirms $1 Billion Stake in Tesla
1/8/2019Oracle Corp. co-founder Larry Ellison, who was named to Tesla Inc.’s board at the end of December, formally confirmed today that he has accumulated a $1 billion stake in the electric-car company.
Ghosn Responds to Charges
1/8/2019Former Nissan Motor Co. Chairman Carlos Ghosn used a court appearance in Tokyo earlier today to reject claims that he underreported deferred compensation and burdened the company with a personal investment loss.
Byton EV Startup Hopes to Raise Another $500 Million
1/8/2019China’s Byton Ltd. is preparing a new $500 million fundraising round for its electric car business, sources tell Reuters.
Audi Confirms Wortmann Will Head Sales and Marketing
1/8/2019Audi AG confirms a report last week that Hildegard Wortmann, a former BMW brand manager, will take over as its head of sales and marketing on July 1.
Daimler to Launch Semi-Autonomous Big Rig in U.S.
1/8/2019Later this year in the U.S., Daimler AG will begin offering a heavy-duty truck with Level 2 semi-autonomous driving capability.