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Renault’s Chief Performance Officer Mueller Quits
2/9/2018Stefan Mueller, Renault SA’s chief performance officer, has elected to leave the company, sources tell Reuters.
Uber Settles Waymo Lawsuit for $245 Million
2/9/2018Uber Technologies Inc. has agreed to pay $245 million in stock to automated car developer Waymo to settle Waymo’s lawsuit, which claims Uber stole some of its technology.
Suzuki Plans $3 Billion Investment in Indian Venture
2/9/2018Suzuki Motor Corp. says it will invest about $3 billion in its Maruti Suzuki India Ltd. venture by 2020 to prepare the company for a major expansion into hybrid and all-electric models.
Ford Applies for Banking License in Germany as Brexit Hedge
2/9/2018Ford Motor Co. says its U.K.-based European financing unit has applied for a banking license in Germany to ensure continued operations after Britain leaves the European Union in March 2019.
Renault Joins European EV Charging Network
2/9/2018Renault SA has joined the recently formed E-Via Flex-E consortium that aims to open a network of fast-charging stations for electric vehicles across southern Europe.
Polestar Mulls Expanding Output for Limited-Edition Hybrid Coupe
2/9/2018High demand is causing Volvo Car Corp.’s new Polestar sub-brand to consider expanding plans for its inaugural plug-in hybrid coupe, which originally was to be limited to 1,500 units over a three-year production run.
Italian Niche Builder to Revive Lancia Stratos Supercar
2/9/2018Italy’s Manifattura Automobili Torino (MAT) plans to produce a production version of the Pininfarina-designed 2010 New Lancia Stratos concept car.
Japan’s Carmakers Warn U.K. on Brexit
2/9/2018Honda, Nissan and Toyota tell British Prime Minister Theresa May that their carmaking operations in the U.K. will be forced to leave if trade barriers resulting from Brexit make them unprofitable.
Tesla Awaits Tooling to Boost Model 3 Production
2/9/2018This week Tesla Inc. told customers eager to buy its Model 3 electric sedan that deliveries have again been delayed by production snags.
California Accounts for Half of All Fuel Cell Sales
2/9/2018Fewer than 6,500 fuel cell-powered cars and crossover vehicles were sold worldwide from 2013 through the end of 2017, according to Information Trends, a Washington, D.C.-based research company.