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Report: German Carmakers Favor Dropping EU Tariffs on U.S. Cars
6/20/2018Germany’s carmakers support an end to the EU’s 10% import tax on cars if lifting that tariff would end President Donald Trump’s threat to slap a 25% duty on foreign cars, sources tell The Wall Street Journal.
EU to Begin Retaliatory Tariffs on Friday
6/20/2018The European Union will begin on June 22 to impose tariffs worth €2.8 billion ($3.2 billion) on American imports in response to U.S. duties on foreign aluminum and steel.
Conti Moves Ahead with IPO for Powertrain Unit
6/20/2018Continental AG intends in early July to unveil a new corporate structure and make an initial public offering of a portion of its powertrain division, sources tell Bloomberg News.
Korean Brands Top JD Power Initial Quality Ratings
6/20/2018South Korea’s Genesis, Kia and Hyundai brands captured the top three positions, respectively, in this year’s Initial Quality Study by market researcher JD Power.
Porsche Buys 10% Stake in Rimac
6/20/2018Porsche AG has purchased a 10% stake in Croatia’s Rimac Automobil, which specializes in high-performance electric hypercars and related technologies.
VW, Hyundai to Collaborate on Fuel Cell Tech
6/20/2018Hyundai Motor Group and Volkswagen AG have signed a cross-licensing agreement under which the companies will cooperate on fuel cell vehicle components and technologies.
Volvo Opens First U.S. Plant
6/20/2018Volvo Car Corp. officially opened its first U.S. assembly plant today in Charleston, S.C.
Prototyping Materials and Processes for Automotive Lightweighting
6/20/2018Material selection is the key factor for making vehicles lighter. Here’s a quick look at the best options that also lend themselves to quick-turn, fully functional prototypes.
Colorado Plans to Adopt California Emission Standards
6/20/2018Colorado has begun the process of adopting the same vehicle emission standards set by California and followed by 12 other states and the District of Columbia.
Developer Predicts Big Gains for Digital Displays
6/20/2018A Finish supplier of software used to create digital displays for vehicles predicts the proportion of new cars using such screens will surge to 70% by 2023 from 30% today.