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Toyota Protests India’s EV-Only Goal
12/28/2017Toyota Motor Corp. says India’s plan to restrict car sales to only electric vehicles by 2030 is “not practical, and it’s not the way forward,” the Economic Times reports.
Musk Promises Tesla Pickup Truck
12/27/2017Tesla Inc. CEO Elon Musk says the company will introduce a fullsize electric pickup truck early in the next decade.
Hackett Vows to End Harassment in Ford Factories
12/27/2017CEO Jim Hackett promises employees that Ford Motor Co. will try harder to root out all forms of harassment, warning those who persist that “we don’t want you here, and we will move you out.”
Geely Buys 8% Stake in Volvo Trucks
12/27/2017China’s Zhejiang Geely Holding Group Co. has spent an estimated 27.2 billion kronor ($3.3 billion) to acquire 8.3% of Swedish truckmaker AB Volvo, Reuters reports.
Aston Martin to Recall 5,400 Cars in U.S.
12/26/2017Supercar maker Aston Martin Lagonda Ltd. is launching two recalls in the U.S. to fix transmission and battery cable problems covering roughly 5,400 vehicles—about one-third more cars than it sold worldwide last year.
FCA Recalls 1.8 Million Ram Trucks with Shift Interlock Flaw
12/22/2017Fiat Chrysler Automobiles NV is preparing to recall nearly 1.8 million of its Ram fullsize pickup trucks in North America that can be shifted out of Park when there is no key in the ignition and/or the brake pedal isn’t depressed.
VW Cuts Pay for 14 Members of Its Works Council
12/22/2017Volkswagen AG has lowered the salaries and suspended bonus payments to 14 members of its works council, Reuters reports.
NGK Spark Plug Jumps into Solid-State EV Battery Race
12/22/2017Japan’s NGK Spark Plug Co. is developing a unique chemistry for next-generation, solid-state batteries for electric cars.
Report: Renault Will Name New CEO in February
12/21/2017Renault SA will select a new CEO to replace Carlos Ghosn in about mid-February, sources tell Les Echos.
Nissan Taps Renault Exec to Run N. American Unit
12/21/2017Nissan Motor Co. has named Denis Le Vot, currently chairman of Renault SA’s Eurasia region, to head its operations in North America, effective Jan. 16.