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Nissan to Expand Capacity 40% in China
8/20/2018Nissan Motor Co. is readying a $900 million plan to hike production capacity in China 40% by 2021, sources tell Reuters.
Dyson Extends Digital Motor Tech Name to EVs
8/20/2018Household electronics specialist Dyson Ltd. has filed for a trademark in Europe that would extend the company’s “digital motor” terminology to include its planned electric vehicle lineup.
Musk Rules Out Shorter Work Hours
8/20/2018Tesla Inc. Elon Musk has rejected a suggestion from media mogul Arianna Huffington that he take a break from his professed 120-hour workweeks for the sake of his health.
Audi Drops Manual Transmissions in U.S.
8/20/2018Audi AG is discontinuing manual transmission options for its A4 sedan and A5 coupe in the U.S., where they are the only two models that offer a stick shift.
JCI to Decide Fate of Its Battery Business by November
8/20/2018Johnson Controls International plc says it is giving itself three more months to decide what to do with its battery business.
Report: Saudi Fund in Talks with Lucid Motors
8/20/2018Saudi Arabia’s Public Investment Fund, which bought a nearly 5% stake in Tesla Inc. earlier this month, is mulling a $1 billion investment to gain majority ownership of rival electric vehicle maker Lucid Motors Inc.
Proton, Geely Expand Partnership to China
8/20/2018Malaysia’s Proton Holdings Bhd and its 49.9% owner, Zhejiang Geely Holding Group, are expanding their partnership with a new venture to make cars in China.
Report: Diess Knew of VW Diesel Cheating 2 Months Early
8/20/2018Volkswagen Group CEO Herbert Diess was alerted to the company’s use of cheater diesel software two months before the practice was made public, according to recently unsealed documents.
States May Challenge Car Subscription Schemes
8/20/2018Car dealer groups in the U.S. may soon begin to lobby for curbs on vehicle subscription services as a substitute for their usual sell/lease business.
UPDATE: Texas Jury Awards $242 Million in Toyota Crash
8/20/2018A jury in Dallas has awarded a combined $242 million to victims of a crash involving a Toyota-made 2002 model Lexus ES 300 sedan that was struck from behind at a stop light.