NEWS

Daimler Confirms Recall to Replace Illegal A/C Fluid

12/20/2018

Daimler AG has agreed with European regulators that it must recall 127,800 of its 2013 model cars to replace their outlawed air-conditioning system refrigerant.

BMW, Daimler May Share Vehicle Components

12/20/2018

BMW AG and Daimler AG reportedly are exploring the possibility of lowering costs by sharing technology and vehicle platforms.

Subaru Tops IIHS’s Safest-Model Awards for 2019

12/19/2018

The Insurance Institute for Highway Safety says 57 of the car and light truck models it tested this year have won 2019 its “Top Safety Pick +” or “Top Safety Pick” awards.

AVL to Equip California’s New Emissions Lab

12/19/2018

Plymouth, Mich.-based AVL Test Systems Inc. has been chosen to provide the emission testing system for a new lab being built by the California Air Resources Board.

Fed Raises Interest Rates

12/19/2018

As expected, the Federal Reserve raised its U.S. benchmark interest rate by one-quarter point to a range of 2.25%-2.5%, citing a still-strong economy.

Report: Renault, Nissan Readied Deferred Pay for Ghosn

12/19/2018

Top-level executives at Renault and Nissan worked on a plan in 2017 to pay deferred compensation to Carlos Ghosn, then the chairman and CEO of both carmakers, Reuters reports.

VW Buys Volvo Truck’s WirelessCar Unit

12/19/2018

Volkswagen AG has agreed to buy 75% of truckmaker AB Volvo's connected vehicle services unit for 1.1 billion kronor ($122 million).

Uber Cleared to Test Self-Driving Cars in Pa. Again

12/19/2018

Uber Inc. has been approved by the state of Pennsylvania to resume on-road testing of its autonomous-driving technology after a nine-month suspension.

Grammer JV Opens Interiors Tech Center in India

12/19/2018

Germany's Grammer AG and Indian engineering service Ally Grow Technologies have opened a technical center in Pune.

BMW, Daimler Ready to Launch Joint Mobility Company

12/19/2018

BMW AG and Daimler AG have received regulatory approvals to combine their ride-sharing, car-sharing, parking and electric charging services under one smartphone app.