NEWS

U.S. May Roll Back Tougher CAFE Penalties

7/10/2017

The Trump administration is signaling it may ease an Obama-era proposal to more than double the amount carmakers pay when their vehicles fall short of federal fuel economy standards.

Waymo Drops Most Patent Claims Against Uber

7/10/2017

Alphabet Inc.’s Waymo autonomous car unit has dropped three of four patent infringement claims in a broader trade secrets lawsuit against rival Uber Technologies Inc.

LeEco Founder Resigns, Vows to Focus on EVs

7/10/2017

Jia Yueting, the founder and chair of Chinese tech giant LeEco (Leshi Internet Information & Technology Corp.) has resigned all positions with the financially strapped company.

TomTom, Cisco to Partner on Traffic Management Data for Autonomous Cars

7/7/2017

TomTom International BV and Cisco Systems Inc. say they will work together to develop sophisticated data systems for autonomous and connected vehicles.

Car Sales in Russia Jump 15%

7/7/2017

Deliveries of cars and light commercial vehicles in Russia rose 15% to 141,100 units in June, according to the Moscow-based Assn. of European Businesses.

Tesla to Supply Australia with World’s Largest Lithium Storage Battery

7/7/2017

Tesla Inc. has won a contract to build a 100-megawatt lithium-ion storage battery in the state of South Australia.

BMW Seeks €1 Billion Savings in Secondary Purchasing Costs

7/7/2017

BMW AG says it aims to reduce its indirect procurement costs by €1 billion ($1.1 billion) in two years.

China Pressures GM, Daimler, VW to Recall Faulty Takata Airbag Inflators

7/7/2017

China’s central government is calling on General Motors, Daimler and Volkswagen to promptly replace explosion-prone Takata Corp. airbag inflators used in their cars, Reuters reports.

UPDATE: U.S. Indicts Ex-Audi Engineer for Diesel Emission Cheating

7/7/2017

The U.S. Dept. of Justice has filed a criminal complaint charging Giovanni Pamio—a former diesel engineering manager at Volkswagen AG’s Audi unit—with conspiracy to rig diesel engines to evade federal emission laws.

Toyota Officially Opens Texas Headquarters

7/6/2017

Toyota Motor Corp. has officially opened its new, $1 billion North American headquarters in Plano, Tex.