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Report: Toyota Plans EV with Solid-State Batteries by 2022
7/25/2017Toyota Motor Corp. is developing an electric vehicle powered by solid-state batteries that can significantly improve driving and recharging performance, reports Chunichi Shimbun.
GM’s Net Income Plunges 42%
7/25/2017General Motors Co.’s net income for April-June fell to $1.7 billion from $2.9 billion in the same period last year.
June Truck Sales Rose 2% in Europe
7/25/2017Sales of trucks, vans and buses across Europe totaled 237,300 units last month compared with 231,800 in June 2016, trade group ACEA reports.
India Says “No” to Autonomous Cars
7/25/2017India’s transport minister says the government would rather shield million of jobs for taxi and truck drivers than encourage self-driving technologies.
Former Chrysler CEO Nardelli Named Chair of Power Storage Maker
7/25/2017Former Chrysler Corp. Chairman and CEO Robert Nardelli has been named chairman of Ioxus Inc., an Oneonta, N.Y.-based maker of ultracapacitor-based power storage systems for the transportation sector.
VIEWPOINT | THE DIGITALLY CONNECTED FACTORY
7/25/2017The digitally connected factory is rapidly becoming a reality, thanks to huge leaps in affordable data handling capabilities. As more machines begin to communicate with each other, production efficiency goes up.
Bo Andersson Chosen to Head Yazaki Europe
7/25/2017Longtime global auto industry executive Bo Andersson has been hired as president of the European unit of wiring harness supplier Yazaki Corp. His new assignment began on July 14.
Mercedes to Join Formula E Racing in 2019
7/24/2017Daimler AG’s Mercedes-Benz unit will join the Formula E electric vehicle race league in the 2019/20 season.
VW’s Supervisory Board to Convene Over EU Conspiracy Probe
7/24/2017Volkswagen AG’s supervisory board has scheduled a special meeting on Wednesday to discuss the European Commission’s investigation into possible price fixing among German luxury carmakers, a source tells Reuters.
OPEC Scrambles to Assert Control Over Oil Prices
7/24/2017The failure of OPEC members to cut oil output has pushed the cartel to mull new moves to stabilize the price of crude.