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VW Gains Right to Take Control of China Joint Ventures
7/20/2018Volkswagen AG, like BMW AG, has been given the right to acquire a controlling stake in its Chinese joint ventures ahead of all other foreign carmakers, Automotive News China notes.
Ferrari Developing 4-Cylinder Performance Engine
7/20/2018Ferrari SpA has filed a patent application in Europe for an advanced 4-cylinder engine with an electrically operated turbocharger.
Nissan Readies Leaf Hot Hatch for Japan
7/20/2018Nissan Motor Co. says it will launch a Nismo performance variant of its Leaf electric car later this year in Japan.
French Engineering Firm Buys Plastics Processing Company
7/20/2018Engineering specialist Segula Technologies SA has acquired Activetech, a plastics processing company for interior and electronic components.
Kobe Steel Indicted for Decades of Falsified Quality Data
7/20/2018Kobe Steel Ltd. has been indicted in Tokyo on charges of falsifying quality reports on its metal products for decades.
GAC, CATL Partner on Two Battery Ventures
7/20/2018Two new battery ventures are being formed in China by domestic carmaker Guangzhou Automobile Group Ltd. and battery giant Contemporary Amperex Technology Ltd.
White House Finalizing Proposed Fuel Economy Freeze
7/20/2018The Trump administration may announce a plan that would freeze U.S. emission standards at 2020 levels as early as next week, according to media reports.
SoftBank, DiDi to Test Ride-Hailing Service in Japan
7/19/2018Japan’s SoftBank Corp. says it will begin testing its ride-hailing platform this autumn with Chinese partner DiDi Chuxing Technology Co.
Volvo Shrugs Off Trade Worries, Predicts Record Sales
7/19/2018Volvo Car Corp. predicts it will sell a record 600,000 vehicles this year in spite of rising global trade tensions.
Panasonic Drops Supplier for Obtaining Cobalt from Cuba
7/19/2018Panasonic Corp. has a suspended a Canadian supplier of cobalt used to make batteries for Tesla electric cars because the metal was mined in Cuba and may be subject to U.S. sanctions.