NEWS

Brexit Outlook Bleak for U.K.’s Auto Industry

3/1/2018

A grim assessment of the U.K.’s impending exit from the European Union concludes that Brexit offers no advantages for the country’s auto industry, regardless of the final trade terms that emerge.

Report: Subaru to Shuffle Leadership after Regulatory Scandals

3/1/2018

Subaru Corp. will replace its chairman, president and two other board members in June—at least six months earlier than originally planned, according to The Nikkei, which cites no sources.

U.K. Car Production Flat as Exports Hit Record High

3/1/2018

Year-on-year output of new cars in the U.K. was unchanged in January, but exports set a new record for the month, the Society of Motor Manufacturers and Traders reports.

Giugiaro Concept EV Sports All-Glass Canopy, 2-Way Energy System

2/28/2018

Italy’s GFG Design, which was formed two years ago by legendary designer Giogietto Giugiaro and his son Fabrizio, unveiled a stylish electric concept car—the Sibylla—that can provide energy to other EVs or homes.

Volvo Launches Investment Unit for Tech Startups

2/28/2018

Volvo Car Corp. has formed a fund that will invest in high-potential technology startups worldwide.

Denso Invests $190 Million in Tennessee Plant

2/28/2018

Denso Corp. will spend $190 million to expand capacity at its facility in Athens, Tenn., that makes fuel delivery, ignition and exhaust gas recirculation systems.

Germany Ponders “Blue Badges” for Cleaner Diesels

2/28/2018

The German government is studying a plan that would enable cities with diesel bans to easily exempt vehicles equipped with the most advanced emission controls by labeling the cars with blue badges.

Bosch Rules Out EV Battery Production

2/28/2018

Robert Bosch GmbH says it would be too risky to produce its own battery cells for electric vehicles.

Rome Will Ban Diesels from City Center by 2024

2/28/2018

Rome is the latest European city to announce plans to prohibit all diesels from operating in the center city by 2024, Reuters reports.

Porsche to Add Fast-Charge Units at All U.S. Dealerships

2/28/2018

Porsche AG says it will install quick-charge facilities at each of the U.S. dealerships ahead of the launch of the brand’s electric sedan at the end of next year.