VW, Chinese Partner to Co-Develop EV Platform
11/29/2018Volkswagen AG and its SEAT unit have signed a memorandum of understanding with Anhui Jianghuai Automobile Group Corp. (JAC) to develop an electric vehicle platform to carry SEAT-badged EVs in China.
Power Solutions, Toshiba Partner on “Dual-Battery” System
11/29/2018Johnson Controls International plc’s Power Solutions unit, which is in the process of being sold, and Toshiba Infrastructure Systems & Solutions Corp. have agreed to make low-voltage dual-battery systems.
FCA Plans €5 Billion Move to Hike Production in Italy
11/29/2018Fiat Chrysler Automobiles NV intends to invest more than €5 billion ($5.7 billion) through 2021 to add new models at its plants in Italy in a bid to improve their capacity utilization.
Martinrea to Shut Ontario Plant in Wake of GM Closure
11/29/2018Canada’s Martinrea International Inc. will be forced to close its plant in Ajax, Ont., when General Motors Co. shutters its nearby Oshawa Assembly facility at the end of 2019.
China Tracks Real-Time Whereabouts of EVs
11/29/2018The Chinese government is monitoring the movement of all electric cars in the country through the cooperation of the vehicle manufacturers, the Associated Press reports.
Honda Will Phase Out Diesels in Europe by 2021
11/29/2018Honda Motor Co. says it will drop diesels from its European product lineup within three years as it shifts to electrified powertrains.
White House Threatens 40% Tariffs on Chinese Cars
11/29/2018The Trump administration is looking at options to match its import tariffs on cars from China to the 40% rate levied by China on vehicles from the U.S.
U.S. Judge Orders New Talks to Resolve FCA Diesel Settlement
11/29/2018A federal court in San Francisco has ordered a new round of talks to resolve charges that Fiat Chrysler Automobiles NV used illegal emission control software in 104,000 diesels sold in the U.S.
Worst-Case Brexit Could Push U.K. into Deep Recession
11/28/2018Two reports today say the U.K. will be worse off economically no matter how it exits the European Union next spring.
Jeep Gladiator Enters the Pickup Truck Arena
11/28/2018Fiat Chrysler Automobiles NV’s Jeep unit took the wraps off the all-new Gladiator midsize pickup truck at this week’s Los Angeles auto show, after images were leaked online earlier this month.