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Ford Plans to Deliver the Goods on Autonomy
11/14/2018Ford has no allusions about being first to market—or second or third for that matter—with a commercial autonomous vehicle service.
Oil Prices Continue to Skid
11/14/2018Oil futures have posted their biggest one-day declines in more than three years on fears of expanding suppliers and shrinking demand.
No White House Decision on Car Tariffs
11/14/2018A Trump administration decision on import tariffs for cars and components awaits further revisions to a U.S. Dept. of Commerce analysis of their merit.
EV Lobbying Group to Push for U.S. Tax Credits
11/14/2018Electric-car marketers have formed a U.S. lobbying alliance to coax Congress into extending the country’s $7,500 tax credit for EV buyers.
Mitsubishi Updates L200 Pickup Truck
11/13/2018Mitsubishi Motors Corp. has given its L200/Triton pickup truck a mid-cycle freshening that includes a new front-end, improved off-road capabilities and more safety features.
Renault-Nissan-Mitsubishi Invests in Battery Tech Startup
11/13/2018The Renault-Nissan-Mitsubishi alliance has made an unspecified investment in Enevate Corp., an Irvine, Calif.-based startup specializing in next-generation lithium-ion batteries for electrified vehicles.
Stuttgart Submits to Diesel Plan Order
11/13/2018Stuttgart, Germany, has agreed to enforce a partial ban on older diesels next year after losing an appeal to reject the court order that requires it.
JCI Inks Deal to Sell Battery Business
11/13/2018Johnson Controls International plc has agreed to sell its Power Solutions battery business to Toronto-based investment firm Brookfield Business Partners LP and its institutional partners for $13.2 billion.
Hedge Fund Wants Hyundai to Return $10.6 Billion to Shareholders
11/13/2018Activist U.S. hedge fund Elliott Management Corp. is urging Hyundai Motor Co. and its affiliates to return $10.6 billion of capital to shareholders.
Spain Will Propose a Ban on Petroleum-Burning Cars by 2040
11/13/2018Spain is readying a proposal that would ban the sale and registration of all gasoline and diesel cars and light commercial vehicles in 2040.