NEWS

VW Vehicles Will Get Connectivity in 2019

6/29/2017

Volkswagen AG says it will begin phasing in technology in 2019 that will enable its vehicles to connect with others (V2V) and the local environment (V2X).

BMW to Cut Costs By Narrowing Model Options

6/29/2017

BMW AG hopes to make its manufacturing process more efficient by integrating option packages and offering fewer powertrain choices.

Ghosn Collects Record-High Compensation as Nissan CEO

6/28/2017

Carlos Ghosn earned a personal record 1.1 million yen ($9.8 million) in compensation as CEO of Nissan Motor Co. during the fiscal year that ended March 31.

Audi, BMW Agree to Cut Emissions from Older Diesels in Bavaria

6/28/2017

BMW AG and Volkswagen AG’s Audi unit have agreed to lower the emissions of their current-generation Euro 5 diesels in the state of Bavaria by updating engine control software.

Some U.S. Investor Claims Allowed to Proceed in VW Diesel Scandal

6/28/2017

U.S. investors may proceed with certain legal claims that Volkswagen AG recklessly understated the financial liabilities of its diesel emission cheating—but only in statements made after May 2014, a federal judge in California rules.

BMW Readies Electric 3 Series Sedan

6/28/2017

BMW AG is developing an all-electric version of its high-volume 3 Series car and will unveil it in September at the Frankfurt auto show, Handelsblatt reports.

California Ponders Instant Rebates for EV Buyers

6/28/2017

California is considering legislation that would enable buyers of electric vehicles to get an immediate discount of as much as $10,000 on their purchase.

Cooper Standard Opens More Testing and Prototyping Centers in China

6/28/2017

Novi, Mich.-based Cooper Standard Holdings Inc. has opened two more facilities in Shanghai to support current and future customers in Asia.

China’s SAIC to Build MG Cars in India

6/28/2017

Shanghai Automotive Industry Corp. says it will launch local production of MG-branded cars in India in 2019.

China Readies Huge Capacity to Make EV Batteries

6/28/2017

Chinese companies plan to add enough capacity annually to produce almost 160 gigawatt-hours of lithium-ion battery cells for electric and plug-in vehicles by 2021, Bloomberg Intelligence predicts.