NEWS

Uber Drops Autonomous Truck Project

7/31/2018

Ride-hailing service Uber Technologies Inc. says it will abandon development work on autonomous commercial trucks to focus on self-driving cars.

Hyundai Readies 8 New Models for India

7/31/2018

Hyundai Motor Co. expects to launch eight new models, including an all-electric SUV, in India by 2020.

Toyota Updates Fuel Cell Test Truck

7/30/2018

Toyota Motor Corp. unveiled an updated version of its Project Portal fuel cell-powered heavy-duty truck with reduced weight and increased driving range.   

Report: Tesla in Talks about a Factory in Europe

7/30/2018

Tesla Inc. is in preliminary discussions with officials in Germany and the Netherlands about building a factory in Europe to assemble electric cars and batteries to power them, sources tell The Wall Street Journal.

Prosecutors Probe Asset Transfers by VW’s Winterkorn

7/30/2018

Prosecutors in Germany are investigating whether former Volkswagen CEO Martin Winterkorn shifted some of his assets out of Germany ahead of possible prosecution in the VW diesel emission cheating scandal.

Faraday Future Moves Forward with Body-in-White Model

7/30/2018

Faraday Future Inc. says it has completed the first body-in-white production build for its upcoming FF 91 luxury vehicle and is on track to start customer deliveries in December.

Chevy Silverado, BMW Bracket Nab Lightweighting Awards

7/30/2018

General Motors Co.’s 2019 Chevrolet Silverado fullsize pickup truck and BMW AG’s 3D-printed convertible roof bracket won this year’s Altair Enlighten Award for lightweighting in the full vehicle and module categories, respectively.

Toyota Affirms Commitment to Fuel Cell Vehicles

7/30/2018

Toyota Motor Corp. plans to introduce a range of fuel cell-powered vehicles and ramp up volume of its Mirai sedan in coming years.

Austrian Firm Redlines 1,300-hp Hypercar

7/30/2018

Austria’s Milan Automotive GmbH says its upcoming Milan Red hypercar can rocket from zero to 62 mph in less than 2.5 seconds on its way to a top speed of about 250 mph.

ZF’s First-Half Operating Profit Sags

7/30/2018

ZF Friedrichshafen AG says higher materials costs reduced its pretax profit by 12% to €1.1 billion ($1.2 billion) in the first half of 2018.