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Report: Stadler Not Likely to Return as Audi CEO
6/28/2018Audi AG CEO Rupert Stadler, jailed on charges of interfering with prosecutors in the Volkswagen diesel cheating scandal, isn’t likely to return to Audi regardless of the outcome of their investigation.
U.S. Opens Probe into Hyundai-Kia Engine Fires
6/28/2018A federal probe into engine stalling problems with Hyundai and Kia vehicles has expanded to include complaints about engine fires, the Associated Press reports.
Hyundai Partners with Wartsila on Storage Battery Business
6/28/2018Hyundai Motor Co. and Helsinki-based Wartsila Corp. have formed a strategic partnership to develop stationary energy storage products that employ recycled batteries from electric cars.
BYD to Quadruple EV Battery Capacity in China
6/28/2018China’s BYD Co. Ltd. is spending $3 billion to nearly quadruple its capacity to make batteries for electric cars.
Investment in U.K.’s Auto Industry Plummets
6/27/2018Continued dithering by the British government about the U.K.’s exit plan from the European Union has cut investment in the country’s auto industry by 42%.
Bosch Partners with Mojio on Connectivity
6/27/2018Robert Bosch GmbH is making an undisclosed investment in Canadian startup Mojio Inc., a developer of products that link cars and the internet.
Senate Panel Clears King to Head NHTSA
6/27/2018Heidi King, deputy administrator of the National Highway Traffic Safety Administration, has been cleared by a Senate committee for confirmation as the agency’s leader.
Steel Group Files Lawsuit Over U.S. Tariffs
6/27/2018A lawsuit asks the U.S. Court of International Trade to rule as unconstitutional the statute used by the White House to justify steel and aluminum tariffs on national security grounds.
Study: On-Demand Mobility Could Clog City Centers
6/27/2018Self-driving vehicles will add, not subtract, from urban traffic congestion unless cities encourage ride sharing, according to a study of traffic in Boston.
Ford Hits 2025 Target for Cleaner Factories
6/27/2018Ford Motor Co. says it already has surpassed the goal it set in 2010 to cut global carbon dioxide emissions generated at its manufacturing operations 30% by 2025.