NEWS

U.S. Car Tariffs Could Cut Sales by 1.8 Million Units

6/22/2018

The 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

6/22/2018

A 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

6/22/2018

Katrin 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

6/22/2018

Volkswagen 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

6/22/2018

Irish 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

6/21/2018

General 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

6/21/2018

India’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

6/21/2018

Volkswagen 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

6/21/2018

Oil 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

6/21/2018

General Motors Co. has adjusted the roles of President Dan Ammann and global product development chief Mark Reuss.