NEWS

Trump Readies Caps on Chinese Investments

6/26/2018

President Donald Trump is readying a new round of salvos against China that would limit the ability of Chinese companies to invest in U.S. tech firms and block exports of American technology.

Tesla Sets Up Production Under the Big Top

6/25/2018

Tesla Inc. has set up a manual production line under a huge tent outside its assembly plant in California to hike production of its Model 3 electric sedan.

S. Korea to Invest $2.3 Billion on Fuel Cell Tech

6/25/2018

South Korea’s government and key businesses have agreed to invest a combined 2.6 trillion won ($2.3 billion) over five years to accelerate fuel cell technology for cars, The Korea Herald reports.

BMW Threatens to Close U.K. Plant Over Brexit

6/25/2018

BMW AG says it will shut down its four factories in the U.K. unless the facilities are able to efficiently import parts from Europe after the country leaves the EU next spring.

Singh to Head Toyota’s IT in N. America

6/25/2018

Toyota Motor Corp. has appointed Manjit Singh as its North American chief information officer and head of information systems.

Volvo EVs to Start with XC40 and XC90 Variants

6/25/2018

Volvo Car Corp.’s first full electric models will be modified versions of the company’s XC40 compact crossover vehicle and larger XC90 crossover.

Harley-Davidson May Move Bike Output to Avoid EU Tariffs

6/25/2018

Harley-Davidson Inc. says it may shift some production of its iconic motorcycles out of the U.S. to avoid punitive import tariffs announced by the EU in response to U.S. tariffs on foreign aluminum and steel.

Mercedes Selling Replica of First Car

6/25/2018

Daimler AG’s Mercedes-Benz unit is selling a replica of the 1886 Benz Patent Motorwagen, which is hailed as the first production car powered by a gasoline engine.

Hella Expands Mexican Operations

6/25/2018

Germany’s Hella KGaA Hueck & Co. has opened a new electronics plant in Apaseo el Grande, Mexico.

VW EV Sets Pikes Peak Record

6/25/2018

Volkswagen AG set a new record in the annual race to the top of Pikes Peak on Sunday with a time of seven minutes and 57 seconds in a specially developed electric race car.