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Germany Leads Europe’s Market for Electrified Vehicles
5/3/2018Germany has become Europe’s biggest market for hybrids and all-electric vehicles, outselling Norway for the first time.
CEO Diess Says VW Needs a “Clear Moral Compass”
5/3/2018Volkswagen AG CEO Herbert Diess tells shareholders the company needs a “clear moral compass” to avoid another diesel emission cheating scandal.
GM Plans $3.6 Billion in Loans to S. Korean Unit
5/3/2018General Motors Co. will extend $3.6 billion in new loans to its struggling affiliate in South Korea, sources tell Reuters.
Lear to Close Canada Plant Where Workers Rejected Contract
5/3/2018Lear Corp. says it will shut down its Canadian seating plant in Ajax, Ont., after 94% of workers there rejected a tentative contract reached earlier with their Unifor union.
McNabb Quits VW’s Electrify America Unit
5/3/2018Volkswagen AG says Mark McNabb has left his job as the head of the company’s Electrify America LLC unit.
GM Teams with Autodesk on 3D Parts
5/3/2018General Motors Co. is working with San Rafael, Calif.-based design software specialist Autodesk Inc. to develop and produce next-generation parts via 3D-printing, generative design and advanced materials science technology.
JLR Names New Manufacturing Chief
5/3/2018Jaguar Land Rover Ltd. has appointed Grant McPherson to head its manufacturing operations, effective July 1.
Partners Form Electric Power Steering JV in China
5/3/2018China Automotive Systems Inc. (CAS) and Japan KYB Co. have created a joint venture to market electric power steering (EPS) systems in China.
Tesla to Select Car, Battery Factory Sites in China This Year
5/3/2018Tesla Inc. CEO Elon Musk tells investors the company will select locations in China later this year for factories to make batteries and the company’s next electric car, the Model Y small crossover.
Ex-GM CEO Henderson Joins Consultancy
5/3/2018Former General Motors Co. CEO Fritz Henderson is joining the Hawksbill Group, a Washington, D.C.-based consulting firm launched by former GM colleagues in 2016.