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Enterprise Edges into Self-Driving Car Market
6/14/2018U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
U.S. Tariff on Cars Could Stall Market Entry by China’s GAC
6/14/2018China’s Guangzhou Automobile Group Co. Ltd. says a threatened 25% tax on vehicles imported to the U.S. could delay its plan to enter the American market by the end of 2019.
German Prosecutors May Fine Bosch, Daimler, Porsche Over Diesel Cheating
6/14/2018Prosecutors in Stuttgart say they could levy punitive fines against Bosch, Daimler and Porsche for diesel emission cheating, Reuters reports.
BorgWarner Opens Indiana Tech Center
6/14/2018BorgWarner has opened a technical center in Noblesville, Ind., to develop and test products for electrified vehicles.
Opel to Lead Work on New 4-Cylinder Engines for PSA
6/14/2018PSA Group’s Opel unit is developing 4-cylinder turbocharged engines that will be used by all the carmaker’s brands in China, Europe and North America.
Renault Will Spend €1 Billion on EV Capacity in France
6/14/2018Renault SA says it will invest more than €1 billion ($1.2 billion) to expand production capacity for electric vehicles at four factories in France.
Volvo to Invest in Lidar Company
6/14/2018Volvo Car Corp. plans a “significant” investment in Luminar Technologies Inc., a Silicon Valley startup specializing in lidar sensors for autonomous vehicles.
Aston Martin Readies 580-hp Rapide AMR
6/14/2018Aston Martin Lagonda Ltd. is developing a limited-edition production version of last year’s Rapide AMR concept car.
Aptiv Buys South Korean Connector Supplier
6/14/2018Troy, Mich.-based Aptiv plc says it has completed its $500 million acquisition of KUM Co., a South Korean supplier of electrical connectors and cable systems.
Magna Partners with May Mobility on Self-Driving Shuttle
6/14/2018Canada’s Magna International is teaming up with May Mobility, an Ann Arbor Mich.-based startup, to deploy and test self-driving shuttle vans.