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Bosch Readies Predictive Road Conditions Tech
7/26/2018Bosch says it has developed a system that will provide automated vehicles with a “seat-of-the-pants” feel for changes in weather and road conditions.
Honda HR-V Drops Manual Transmission
7/26/2018Honda Motor Co. will no longer offer a manual transmission in its HR-V subcompact crossover vehicle sold in the U.S.
U.S. Hints of Possible NAFTA Deal with Mexico Next Month
7/26/2018U.S. Trade Representative Robert Lighthizer tells Congress that negotiators may reach an agreement with Mexico in August to update NAFTA.
Study Shows Americans Leery of Chinese Cars
7/26/2018One-third of American motorists wouldn’t consider buying a vehicle from a Chinese carmaker, according to a poll by car-shopping website Autolist.
Daimler to Split into 3 Companies
7/26/2018Daimler AG says it plans next year to reorganize into a holding company with three legally independent entities: Mercedes-Benz, Daimler Truck and Daimler Mobility.
Hyundai Sales Up, Profits Down
7/26/2018Hyundai Motor Co. reports its wholesales jumped 11% to 1.19 million units in April-June, and revenue advanced 2% to 24.7 trillion won ($22 billion).
Qualcomm Ends Bid for NXP
7/26/2018San Diego-based Qualcomm Inc. has dropped its $44 billion bid to purchase rival semiconductor supplier NXP Semiconductors NV after China failed to grant regulatory approval of the deal amid growing trade tensions with the U.S.
Nissan Posts 14% Drop in Net Profit
7/26/2018Nissan Motor Co. says slumping sales in major markets cut its fiscal first quarter net income 14% to 116 billion yen ($1 billion).
Chassis Brakes International Opens German Tech Center
7/26/2018Eindhoven, Netherlands-based Chassis Brakes International (CBI) Chassis Brakes International has moved its application and engineering center in Germany to a larger facility.
Cadillac Subscription Leader Quits
7/26/2018Melody Lee, who headed General Motors Co.’s 19-month-old Book by Cadillac subscription service, is leaving the company next month.