NEWS

Audi Recalls 237,900 Cars to Replace Takata Airbag Inflators

7/23/2018

Audi AG is calling back nearly 238,000 of its Audi cars in the U.S. to replace passenger-side frontal airbag systems whose Takata Corp. inflators could explode in a crash.

Faurecia’s First-Half Profit Climbs 10%

7/23/2018

French auto supplier Faurecia SA reports its net profit in the first half of 2018 climbed 10% to €342 million ($401 million) in January-June.

Tesla Asks Suppliers for Refunds

7/23/2018

Tesla Inc. has asked at least some of its suppliers to give it retroactive price cuts on payments they received over the past two years in an effort to make itself profitable.

Private Factory Data from Carmakers Found Posted on Internet

7/23/2018

Company secrets detailing factory layouts, contracts and production data from six major carmakers have been found on an unsecured server operated by a small Canadian supplier, The New York Times reports.

Marchionne Replaced as CEO at FCA

7/21/2018

Sergio Marchionne has been replaced as CEO of Fiat Chrysler Automobiles by Jeep/Ram chief Mike Manley after serious complications while recovering from shoulder surgery.

Merkel: Germany Will Make Diesel Retrofit Decision by October

7/20/2018

German Chancellor Angela Merkel says the government will decide before the end of September whether to order carmakers to retrofit diesel cars with catalytic converters.

Kia Extends Partnership with SiriusXM

7/20/2018

Kia Motors Corp. and SiriusXM Holdings Inc. have extended their partnership for another five years through 2023-model vehicles.

Trump Poised to Add Tariffs for All Chinese Imports

7/20/2018

President Donald Trump says he is ready to impose protective U.S. tariffs on virtually all goods from China.

Researchers Target Fast-Charging Quantum Batteries

7/20/2018

The University of Adelaide in Australia plans to build the world’s first quantum battery, which researchers say would enable super-fast recharging.

BMW Touts Computer Tomography Development Tool

7/20/2018

BMW AG has begun using computer tomography (CT) in prototype development, production and analysis, which the company describes as an industry first.