NEWS

Italy Targets 1 Million EVs in 5 Years

6/25/2018

Italy, which has an estimated 5,000 electric cars on the road today, aims to multiply that number to 1 million units by 2022.

Dana Buys 55% of Canadian EV Systems Supplier

6/25/2018

Dana Inc. is investing C$165 million ($127 million) to acquire a 55% stake in TM4 Inc.—a Canadian maker of electric motors and other powertrain components for electric vehicles—and form a joint venture with the company.

VW May Seek Damages from Ex-CEO Winterkorn for Diesel Scandal

6/25/2018

Volkswagen AG is studying whether to seek damages from former CEO Martin Winterkorn and other former management board members for their roles in the company’s diesel emission cheating scandal.

Ford Takes Pothole Tech to Europe

6/22/2018

Ford Motor Co. will begin offering its pothole mitigation system on select European models later this year.

OPEC Agrees to Modest Hike in Oil Output

6/22/2018

Oil producers have agreed to raise their daily output of petroleum by about 1 million barrels in coming months, or about 1% of overall production.

Chevy Blazer Reborn as Sporty, Front-Drive Crossover

6/22/2018

General Motors Co.’s Chevrolet unit is reviving its Blazer nameplate on an all-new midsize crossover that will be launched in early 2019.

VW Group Assigns Brands to Manage Geographic Regions

6/22/2018

Volkswagen AG is assigning a lead brand to oversee each of its major geographic regions in a bid to make the company more efficient.

Driver in Fatal Uber Crash Was Watching TV

6/22/2018

The backup driver of an Uber Technologies Inc. test car operating in self-driving mode was watching a television program on her phone when the car struck and killed a pedestrian in Tempe, Ariz., two months ago.

Trump’s Latest Tariff Threat: 20% on Cars from EU

6/22/2018

President Donald Trump is threatening to impose a 20% tariff on all vehicles assembled in the European Union.

Durrer Appointed CEO of Joyson Safety Systems

6/22/2018

Joyson Safety Systems Inc., the new owner of Takata Corp.’s airbag operations, has named Guido Durrer as its CEO, effective immediately.