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Aston Martin Electrifies Classic Cars
12/5/2018Aston Martin Lagonda Ltd. has developed a conversion kit to retrofit its classic cars with electric powertrains.
VW Posted False Data on Emissions, Fuel Economy in Japan
12/5/2018Volkswagen AG reports that an internal audit turned up dozens of cases in which the company submitted false reports on fuel economy and emissions to authorities in Japan.
Tata Motors Sinks Deeper into “Junk” Credit Status
12/5/2018S&P Global Ratings has lowered its credit rating for Tata Motors Ltd. for the second time in five months, sinking the Indian carmaker two steps into “junk” status.
Partners Test Repurposed Volvo Electric Bus Batteries
12/5/2018Truckmaker AB Volvo has launched a pilot program in Gothenburg, Sweden, that uses repurposed batteries from electric buses to help power a new apartment complex.
Report: Ghosn Had Extraordinary Control Over His Own Pay
12/5/2018How could Carlos Ghosn have hidden $70 million in compensation from Nissan Motor Co., as his accusers claim? Bloomberg News says the company’s lax oversight gave him almost total control over his own remuneration.
Waymo Launches For-Pay Driverless Shuttle Service
12/5/2018Today Alphabet Inc.’s Waymo autonomous-vehicle unit is accepting paying customers for some of the 500 self-driving shuttles it has been testing in Phoenix, Ariz.
Daimler May Hike Stake in BAIC Venture
12/5/2018Daimler AG reportedly is pondering a move to increase its 49% stake in a carmaking venture with China’s BAIC Motor Corp. to at least 65% in 2022.
Toyota Drops Funding for Germany Anti-Diesel Group
12/5/2018Toyota Motor Corp. has dropped financial support for a German anti-diesel group in response to complaints that it sponsorship helped to promote sales of its own gasoline hybrid cars in Europe.
No Pick Yet to Succeed Ghosn at Nissan
12/5/2018Outside directors at Nissan Motor Co. met on Tuesday but failed to nominate a board member to replace Carlos Ghosn as chairman, according to media reports.
VW: No Pure Piston Platforms after 2026
12/5/2018Volkswagen AG says its next generation of gasoline and diesel engines will be its last when they begin to arrive in 2026.