NEWS

Opel Plans Cuts Off Korean Auto Worker Union

11/13/2017

Adam Opel AG’s plan to end shipments of cars made in South Korea appears likely to cripple the militant union whose workers make the vehicles, Reuters reports.

Hydrogen Group Sees Rosy Future for Its Favorite Element

11/13/2017

The Hydrogen Council predicts hydrogen could supply enough energy for the world by 2050 to eliminate more carbon dioxide than all the CO2 emitted by the U.S. in a year.

Cadillac Expands Vehicle Booking Business

11/13/2017

General Motors Co.’s Cadillac unit is extending the vehicle subscription service it launched in New York earlier this year to Los Angeles and Dallas.

MAN Investing €2.4 Billion to Upgrade Factories

11/13/2017

Volkswagen AG’s MAN Truck & Bus unit is spending €2.4 billion ($2.8 billion) through 2020 to update its factories in Africa, Asia and Europe.

Sumitomo, NTT Docomo Test 5G Communications

11/13/2017

Sumitomo Electric Industries Ltd. and NTT Docomo Inc. are jointly testing the collection and delivery of traffic information using high-definition sensors connected via a fifth-generation (5G) mobile communications system.

Turkey to Develop Its Own EV

11/13/2017

The Turkish government has formed a consortium of five domestic companies to launch the country’s first national car, an electric sedan based on the Saab 9-3, in 2021.

Visteon Joins Michigan’s Advanced Mobility Test Center

11/13/2017

Visteon Corp. is committing $5 million to become a founder-level sponsor for the American Center for Mobility (ACM) currently under construction in Ypsilanti Township, Mich.

GM to Reveal Its Autonomous-Car Vision

11/13/2017

General Motors Co. says it will lay out its “vision for an autonomous future” on Nov. 30 during an investor event in San Francisco.

OPEC Lowers Growth Outlook for Global Car Fleet

11/13/2017

The number of cars on the road worldwide will exceed 2 billion by 2040, predicts the Organization of the Petroleum Exporting Countries.

Expansion in European Car Market Growth to Slow Sharply in 2018

11/13/2017

Demand for cars in western Europe, which is expected to grow 3% to 14.3 million units this year, will expand only 1% in 2018, LMC Automotive predicts.