NEWS

Carmakers Fret Over Tariffs as NAFTA Update Deal Nears

11/19/2018

Carmakers are worried that the U.S. won’t drop aluminum and steel tariffs for Canada and Mexico even after the three countries sign an updated trade pact at the end of this month.

Trump Set to Nominate Andrew Wheeler to Head EPA

11/16/2018

President Donald Trump says he will nominate Andrew Wheeler, acting head of the Environmental Protection Agency, to take over as the group’s permanent administrator.

Ashok Leyland to Debut EV in January

11/16/2018

Indian truckmaker Ashok Leyland Ltd. plans to debut its first batch of all-electric vehicles in January.

Bimmer Plug-in Hybrid Gets Bigger Battery

11/16/2018

BMW AG says its next-generation 330e plug-in hybrid sedan will be equipped with a larger battery that is expected to increase its all-electric range by about one-third to 37 miles.

Ford Recalls 37,800 SUVs to Fix Seat Defect

11/16/2018

Ford Motor Co. is calling back 37,800 large SUVs in North America to check for missing second-row seat reinforcement brackets.

VW: China’s Car Market May Remain Flat Well into 2019

11/16/2018

Demand for new cars in China, which has stalled this year, may not revive until next summer because of the China-U.S trade war, says Volkswagen AG’s head of China operations.

BMW Warns that “Hard” Brexit Could Lead to Plant Closures

11/16/2018

BMW AG says it is preparing for a worst-case “hard” Brexit when the U.K. quits the European Union next spring that could mean closing down operations in England.

Toyota Adds Corolla Hybrid

11/16/2018

Toyota Motor Corp. will offer a hybrid version of its redesigned Corolla compact sedan, which is due to bow next spring in global markets.

KT Demos 5G Self-Driving Bus in Korea

11/16/2018

KT Corp., South Korea's largest telecommunications company, tested a self-driving bus equipped with 5G communications this week at Incheon International Airport in Seoul.

VW Hikes Tech Spending 29% to €44 Billion

11/16/2018

Volkswagen AG says it intends to spend nearly €44 billion ($50.2 billion) by 2023 on electrification, autonomous driving, mobility services and the digitization of its vehicles and plants.