NEWS

VW to Expand ID Electric Lineup with New SUV

12/10/2018

Volkswagen AG plans to add a large SUV to its new ID electric vehicle sub-brand, Autocar reports.

Bosch Rules Out Stock Offering

12/10/2018

Robert Bosch GmbH has ruled out a suggestion by bankers that the privately held company consider a stock market flotation.

VW Denies Chairman Should Have Reported Diesel Cheating Earlier

12/10/2018

Volkswagen AG denies that Chairman Hans Dieter Poetsch should have told investors about the company’s diesel emission cheating three months before the fact became public.

Uber Files for IPO

12/10/2018

Ride-hailing service Uber Technologies Inc. filed initial paperwork on Thursday for an initial public offering next year, according to media reports.

OPEC, Russia Agree to Cut Oil Production

12/10/2018

Oil ministers from OPEC, Russia and other producers have agreed to reduce their collective output by 1.2 million barrels of crude per day in an effort to bolster petroleum prices.

Report: Ghosn Sought to Oust Nissan CEO Saikawa

12/10/2018

Former Nissan Motor Co. Chairman Carlos Ghosn was arrested days before attempting a management shakeup that included removing CEO Hiroto Saikawa, sources tell The Wall Street Journal.

Smart Cities Require Smart Planning

12/8/2018

The eventual transition to connected and autonomous electric vehicles is slowly starting to take shape.

Tesla Could Buy Idled GM Factories

12/7/2018

Tesla Inc. CEO Elon Musk tells CBS Television’s “60 Minutes” show that he might be willing to buy a few of the five factories in North America that General Motors Co. plans to close.

Camaro Engineering Chief Moves to GM’s EV Team

12/7/2018

Al Oppenheiser, who has been the chief engineer for the Chevrolet Camaro since 2007, is moving to General Motors Co.’s electric vehicle team.

Renault Report on Ghosn’s Pay Due Next Week?

12/7/2018

Renault SA may be ready by the end of next week to reveal the results of an internal investigation into compensation paid to Chairman CEO Carlos Ghosn, sources tell Bloomberg News.