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Mitsubishi Motors Revives SUV Production in Russia
9/19/2017Mitsubishi Motors Corp. says it will resume production of its midsize Pajero Sport SUV in Russia in November.
Ford Will Cut Production at 5 North American Factories
9/19/2017Ford Motor Co. says it will temporarily suspend output at five of its assembly plants in the U.S. and Mexico between now and the end of December to help balance dealer inventories of unsold cars and vans.
Russian Nuclear Energy Company Jumps into EV Batteries
9/19/2017Rosatom Corp., Russia’s state-owned nuclear power company, tells Bloomberg News it is moving into the electric car battery business.
FCA to Recall Trucks for Water Pump Fire Hazard
9/19/2017Fiat Chrysler Automobiles NV says it will recall 443,700 of its heavy-duty pickups and medium-duty trucks in the U.S. with water pumps that could overheat and cause a fire.
Bosch, Nikola Motors Partner on Long-Haul Fuel Cell Truck
9/19/2017Robert Bosch GmbH and Salt Lake City (Utah)-based startup Nikola Motor Co. are collaborating to commercialize two heavy-duty, fuel cell-powered trucks by 2021.
Volvo Adds Second Line to Upcoming U.S. Assembly Plant
9/19/2017Volvo Cars Inc. has decided to double its investment to $1 billion to install a second assembly line in the factory it is building in the U.S.
Confidence in Germany’s Economy Jumps
9/19/2017The outlook among financial experts about Germany’s economy improved significantly in September, according to ZEW (the Center for European Economic Research).
Report: Tata Buying Stock to Protect JLR from Takeovers
9/19/2017IIndia’s Tata Sons Ltd., the holding company for various Tata Group companies, is increasing its stake in Tata Motors Ltd. to protect the affiliate’s Jaguar Land Rover unit from potential takeover, sources tell Bloomberg News.
Knorr-Bremse Drops Haldex Bid
9/19/2017German braking supplier Knorr-Bremse AG has withdrawn its 5.5 billion kronor ($692 million) public offer to acquire Swedish rival Haldex AB.
Ford Patents Retractable Table for Self-Driving Cars
9/19/2017Ford Motor Co. has received a U.S. patent for a retractable table, complete with its own airbag system, for use in autonomous vehicles.