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Autoliv’s Net Income Falls 34%
10/27/2017Airbag supplier Autoliv Inc.’s operating income in the third quarter fell 17% to $158 million, and net income plunged 34% to $91 million.
UAW Files Complaint Against Tesla for Firing Workers
10/26/2017The United Auto Workers union says it has filed an unfair labor practice charge against Tesla Inc. on behalf of about 400 hourly and salaried employees it claims were unfairly terminated earlier this month.
BorgWarner Posts Strong Third-Quarter Gains
10/26/2017BorgWarner Inc. reports its third-quarter revenue grew 9% to $2.4 billion, and net earnings surged to $185 million from $83 million in the same period last year.
Next-Gen VW Jetta to Get Detroit Reveal
10/26/2017Volkswagen AG plans to unveil the seventh-generation Jetta sedan at the Detroit auto show in Detroit.
Michigan Winters: the Next Test for Waymo Autonomous Cars
10/26/2017Alphabet Inc.’s Waymo self-driving car unit is expanding its testing to public roads in Michigan to evaluate operating performance in winter conditions.
BMW Puts Used EV Batteries to Work
10/26/2017BMW Group has launched its Battery Storage Farm in Leipzig, Germany, for repurposed lithium-ion batteries removed from out-of-service electric vehicles.
Hyundai’s Net Income Drops 16%
10/26/2017Hyundai Motor Co. blames declining sales in China and the U.S. for a 16% drop in its third-quarter net profit to 939 billion won ($831 million).
China’s DiDi Chuxing, NEVS Team Up on Autonomous Ride-Share EVs
10/26/2017China’s National Electric Vehicle Sweden AB (NEVS) has signed a strategic agreement with ride-hailing giant DiDi Chuxing to cooperate on self-driving electric taxis.
Ford’s Net Profit Jumps 63% in Third Quarter
10/26/2017Ford Motor Co. reports its net income rose to $1.6 billion in the third quarter from $957 million in the same period last year.
Nissan Powers Up High-Tech Autonomous EV Concept
10/26/2017Nissan Motor Co. says its IMx crossover concept represents a vision for future fully autonomous, connected electric vehicles.