NEWS

U.S. Plans Hearings in July on Tariffs for Imported Cars

5/30/2018

The U.S. Dept. of Commerce will conduct two days of public hearings on July 19-20 about whether passenger vehicles is a threat to national security.

Hyundai Updates Engine Capacity in U.S.

5/30/2018

Hyundai Motor Co. is spending $388 million to upgrade and expand its engine production facility in Montgomery, Ala.

VW Launches EV Production in China

5/29/2018

Volkswagen AG has begun building its first all-electric vehicle in China, a small crossover called the Sol E20X, at a plant in Hefei.

Uber Plans French Tech Center for Flying Taxis

5/29/2018

Uber Technologies Inc. intends to open a research and development center in Paris this autumn for its flying taxi program.

Winkler to Step Down as CEO of Daimler’s Smart Unit

5/29/2018

Annette Winkler, CEO of Daimler AG’s Smart city car division for eight years, will leave the unit at the end of September.

China’s Ningbo Jifeng in Talks to Acquire Grammer

5/29/2018

China’s Ningbo Jifeng Auto Parts Co., which owns about 25% of German interiors and seating supplier Grammer AG, is in talks to buy out the company.

Nissan Could Trim N. American Production by 20%

5/29/2018

Nissan Motor Co. is taking steps to reduce its vehicle production in North America by 10%- 20% this summer because of softening sales, The Nikkei reports.

Report: Chinese EV Startup Nio Plans U.S Stock Offering

5/29/2018

Nio Ltd., the Shanghai-based electric car startup, has made a confidential filing with the U.S.

VW Opening 3 More Assembly Plants in China

5/29/2018

Yesterday Volkswagen AG and partner FAW Group opened the first of three new assembly plants to begin operations in China this summer.

BMW Expands EV Battery Plant in China

5/28/2018

BMW AG and Brilliance China Automotive Holdings Co. are expanding a battery cell plant they opened just seven months ago in Shenyang, China.