U.S. Car Tariffs Could Cut Sales by 1.8 Million Units
6/22/2018The Trump administration’s threat of a 25% tariff on all cars imported to the U.S. will negatively affect all carmakers doing business in the country, according to LMC Automotive.
Group Unveils Standards for “Digital Key” Tech
6/22/2018A group has developed first-round specs for a system that enables consumers to use smartphones and other digital devices to lock, unlock and start a vehicle.
Daimler Names Adt to Head Smart Minicar Unit
6/22/2018Katrin Adt, currently vice president of human resources at Daimler AG, will take over as president of the carmaker’s Smart brand Oct. 1.
VW Increases Stake in Solid-State-Battery Developer
6/22/2018Volkswagen AG is investing $100 million in QuantumScape Corp., a Silicon Valley developer of solid-state batteries, and hopes to open a large-scale production facility for the technology by 2025.
Ireland Calls for Ban on Piston-Powered Cars by 2030
6/22/2018Irish Prime Minister Leo Varadkar has pledged to ban the sale of internal combustion cars in Ireland by 2030.
GM Recalls Corvette ZR1 Supercars with Balky Airbags
6/21/2018General Motors Co. is recalling 500 of its 2019 model, 750-hp Corvette ZR1 sports cars because their airbags may shut down after being subjected to the hard braking and acceleration of racetrack driving.
JV to Market New Type of In-Vehicle Wireless Charger
6/21/2018India’s Motherson Innovations Co. is launching a joint venture with Bellevue, Wash.-based Ossia Inc. to market the U.S. company’s radio frequency-based wireless charging system for in-vehicle applications.
New Name for VW’s Truck and Bus Business: Traton Group
6/21/2018Volkswagen AG will implement a new name—Traton Group—for its commercial truck and bus operations within the next three months.
OPEC Near Deal to Raise Oil Output
6/21/2018Oil producers are close to an agreement to raise their collective output by 1 million barrels per day in a bid to stabilize rising petroleum prices.
GM Tweaks Job Functions for Ammann, Reuss
6/21/2018General Motors Co. has adjusted the roles of President Dan Ammann and global product development chief Mark Reuss.