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VW's CEO Calls for Faster Decisions, More Cooperation among Managers
6/8/2018Volkswagen AG management team must work more closely together and make decisions faster, says Herbert Diess, who took over as CEO two months ago.
VW Brand Sales Rose 5% in May
6/7/2018Volkswagen AG reports that its namesake brand increased sales 5% to a record 539,700 units last month.
Flex-N-Gate Consolidates, Expands in Texas
6/7/2018Illinois-based supplier Flex-N-Gate Corp. is investing $175 million to move its Texas operations from Arlington a new 430,200 sq-ft production complex in Grand Prairie.
China’s CATL Eyes Germany for Battery Factory
6/7/2018Fast-growing Contemporary Amperex Technology Co. Ltd. reportedly is close to deciding to build a huge factory in Germany to make batteries for electric cars.
Ford to Close or Sell Transmission Plant in France
6/7/2018Ford Motor Co. says it will shut down a transmission plant in Blanquefort, France, late next year unless it can find a buyer for the facility.
GM, Honda Partner on Next-Gen Battery Tech
6/7/2018General Motors Co. and Honda Motor Co. have agreed to collaborate on developing cells and modules for advanced battery chemistries.
Lissalde to Succeed Verrier as BorgWarner CEO
6/7/2018James Verrier is stepping down from his position as president and CEO of BorgWarner Inc. and will serve in a nonexecutive advisory role until he retires in February.
Waymo Looks for New Ways to Expand in Europe
6/7/2018Alphabet Inc.'s Waymo unit is studying how best to expand its autonomous vehicle technology into Europe.
Mercedes Adds Parking Finder App
6/7/2018Daimler AG’s Mercedes-Benz unit is adding London-based Parkopedia’s parking application to its navigation system as part of the new MBUX user interface platform.
Lear Hires Absmeier as Chief Tech Officer
6/7/2018Lear Corp. has appointed John Absmeier to the newly created position of chief technology officer, effective June 18.