U.S. Activist Unveils Plan to Reform Hyundai’s Structure
4/23/2018Hyundai Motor Group could unlock at least 50% more value by ending the circular ownership among its Hyundai Motor, Kia Motors and Hyundai Mobis units.
Skoda Reveals China-Market Kamiq SUV
4/23/2018Volkswagen AG’s Skoda unit took the wraps off its upcoming Kamiq crossover/SUV on Monday ahead of the vehicle’s public unveiling later this week at the Beijing auto show.
U.S. Monitor Calls VW’s Post-Scandal Reforms “Unsatisfactory”
4/23/2018Volkswagen AG’s attempts to change its culture after its $25 billion diesel emission cheating scandal have been lackluster, according to a U.S. monitor assigned to oversee the company’s activities.
Hyundai Moves Forward with Pickup Truck
4/23/2018Hyundai Motor Co. plans a 2020 launch for the compact pickup truck it’s developing.
GM Korea Averts Bankruptcy with Tentative Labor Deal
4/23/2018General Motors Co.’s South Korean unit reached a provisional deal with its unionized workers over the weekend, thus averting a bankruptcy filing today.
Honda Shows Hot Hatch in Indonesia
4/23/2018Honda Motor Co. says its new Small RS concept car reflects the company’s vision of a future small sports car.
Alibaba Inks Digital Assistant Deals with Audi, Daimler, Volvo
4/23/2018Chinese tech giant Alibaba Group Holding Ltd. says it will supply its personal assistant technology to Audi, Daimler and Volvo operations in China.
Canada, Mexico Report “Good Progress” in NAFTA Talks
4/23/2018Chief negotiators from Canada and Mexico say their talks with the U.S. about updating the North American Free Trade Agreement made “good progress” at the end of last week and will continue on Tuesday.
Ford Puts Most of Its Global Ad Account Up for Review
4/23/2018Ford Motor Co. says it is putting most of its worldwide creative advertising account up for review in an effort to cut costs and improve marketing efficiency.
Former Opel Chief Joins EV Startup
4/23/2018Karl-Thomas Neumann, who resigned as CEO of General Motors Co.’s Opel unit last June, has joined Evelozcity, a 4-month-old electric-car startup based in Los Angeles.