NEWS

Denso to Expand Autonomous Car Testing Capabilities in Japan

10/31/2018

Denso Corp. is building a proving ground and prototype complex adjacent to the Haneda Airport outside Tokyo.

JLR Vows to Cut Costs by $3.2 Billion as Sales Slump

10/31/2018

Jaguar Land Rover Ltd. says it will cut costs and investments by £2.5 billion ($3.2 billion) within 18 months after reporting a loss in the third quarter.

Renault-Nissan-Mitsubishi Invests in Chinese Autonomous Tech Startup

10/31/2018

The Renault-Nissan-Mitsubishi alliance is making an unspecified investment in WeRide.ai, a Chinese startup company specializing in autonomous vehicle technology.

GM Swings to a $2.5 Billion Profit

10/31/2018

General Motors Co. recovered from a $3 billion net loss in last year’s third quarter—due to the sale of its Opel unit—with a net profit of $2.5 billion in July-September.

Hyundai/Kia Vehicles to Offer Solar Panels

10/31/2018

Hyundai Motor Co. and its Kia Motor Corp. affiliate will begin offering solar charging panels on select models next year.

Mopar Revs Up 1,000-hp Crate Engine

10/31/2018

Fiat Chrysler Automobiles NV’s Mopar parts unit has developed a supercharged 7.0-liter V-8 aftermarket crate engine that kicks out 1,000 hp and 950 lb-ft of torque.

Ford, Baidu Partner on Self-Driving-Car Tests

10/31/2018

Ford Motor Co. and Baidu Inc. plan to begin testing self-driving vehicles in China by year-end.

Faraday Future Co-Founder Sampson Resigns

10/31/2018

Nick Sampson, a co-founder of struggling electric car startup Faraday Future Inc., has resigned, declaring the company “virtually insolvent,” The Verge reports.

Lawsuit Claims Tesla’s Autopilot System Isn’t Safe

10/31/2018

A lawsuit in Florida claims that Tesla Inc. overstates the safety of its semi-automatic Autopilot driving system.

Ex-Audi CEO Stadler Released from Jail

10/31/2018

Rupert Stadler, the former CEO of Audi AG jailed in June on suspicion of interfering with a probe into diesel emission cheating, has been released.