NEWS

Volvo Trucks Warns of Recall to Fix Emission Flaw

10/17/2018

AB Volvo has warned that a flawed emission control component could force it to recall thousands of its big commercial trucks worldwide.

Trump Announces Plans for Trade Talks with EU, Japan, U.K.

10/17/2018

The Trump administration has notified Congress that it intends to launch talks on three independent bilateral trade pacts with the European Union, Japan and the U.K.

Pandora Hires Ex-Ford Connected-Car Exec VanDagens

10/17/2018

Music streaming service Pandora Media Inc. has hired Doug VanDagens, former global director of connected services at Ford Motor Co., to be its head of partnerships and strategy.

Tesla Promises More Powerful Chip to Run Autopilot

10/17/2018

Tesla Inc. is six months away from debuting a new computer chip that will vastly improve the performance of the company’s Autopilot semi-autonomous driving system.

U.S. Judge Approves Musk-SEC Settlement

10/16/2018

A federal judge in New York City has approved a $40 million settlement between Tesla Inc. CEO Elon Musk and the U.S. Securities and Exchange Commission.

Dutch Startup Plans €1.6 Billion Battery Plant in China

10/16/2018

Dutch battery making startup Lithium Werks BV intends to open a €1.6 billion ($1.9 billion) factory in China in 2021 to make battery cells for electric cars, industrial applications and energy storage systems.

Goodyear Rolls Out Flexible Sales and Installation Plan

10/16/2018

Goodyear Tire & Rubber Co. is launching a new sales and installation service that the company says will make tire-shopping faster and more convenient.

Congress Not Likely to Vote on NAFTA This Year

10/16/2018

The U.S. Congress isn’t likely to vote on a proposed update to the North American Free Trade Agreement until early next year.

Uber IPO Estimated at $120 Billion

10/16/2018

Uber Technologies Inc. has received proposals from banks for an initial public stock offering valued at $120 billion, The Wall Street Journal reports.

TomTom Loses Volvo Navigation Contract

10/16/2018

TomTom International BV says its upcoming contract to provide navigation technology to Volvo Car Corp. has been canceled.