NEWS

Renault EV Batteries Tested in U.K. Home Energy Storage Systems

6/5/2017

Renault SA and London-based Powervault Ltd. plan to launch a pilot program in the U.K. next month to test used electric vehicle batteries as energy storage units in buildings with existing solar panels.

Harley-Davidson Recalls 57,000 Motorcycles for Oil Leak

6/5/2017

Iconic motorcycle maker Harley-Davidson Inc. is calling back 57,000 of its 2017 model bikes in the U.S. to repair an oil cooler line that could come loose and spray oil onto the road ahead of the rear tire.

Germany's VDA Floats Idea of Easing European Emission Standards

6/5/2017

German auto industry lobby group VDA suggests The EU must consider relaxing its vehicle emission standards in response to U.S.

Next-Gen Nissan Leaf EV Styling Lights Up

6/5/2017

Nissan Motor Co. will unveil its next-generation Leaf electric vehicle at the Frankfurt auto show in September.

Car Sales in Western Europe Rose 7% in May

6/5/2017

Registrations of new passenger vehicles in western Europe grew 7% to 1.31 million units in May, aided by one additional selling day, says LMC Automotive.

Linde, Praxair to Merge

6/5/2017

Industrial gas giants Linde AG and Praxair Inc. have agreed to merge, creating a $70 billion behemoth.

GM Sales Slip in China

6/5/2017

General Motors Co. reports it sold 294,400 vehicles in May compared with a record 295,300 units in the same month last year, when year-on-year volume climbed 17%.

Is Stadler’s Job as Audi’s CEO at Risk?

6/5/2017

Audi AG chief Rupert Stadler isn’t likely to serve the entire 5-year contract extension he received in mid-May, sources tell Reuters.

Toyota Ends EV Collaboration with Tesla

6/5/2017

Toyota Motor Corp. says it sold its remaining shares in Tesla Inc. at the end of 2016 and has canceled a partnership the two companies formed in 2010 to develop electric cars.

U.S. Unemployment Drops to 16-Year Low

6/5/2017

The jobless rate in the U.S. declined to 4.3% in May, its lowest level since 2001, according to the Dept. of Labor.