NEWS

Toyota to Test Heavy-Duty Fuel Cell Truck in California

4/20/2017

Toyota Motor Corp. plans this summerto test its fuel cell technology in a heavy-duty truck at the Port of Los Angeles.

U.S. to Appoint Ex-Deputy Attorney General to Monitor VW

4/20/2017

The U.S. Dept. of Justice plans to appoint Larry Thompson, deputy attorney general in 2001-2003 under President George W. Bush, to monitor Volkswagen AG reforms after it cheated on diesel emission tests, according to multiple media reports.

GM Abandons Venezuelan Operations

4/20/2017

General Motors Co. says it has abandoned operations in Venezuela after the government seized its local assembly plant and “illegally” confiscated other assets, including vehicles, on Tuesday.

China’s New Lynk & Co. Brand Delays Foreign Rollout

4/19/2017

Geely Automobile Holding Co.’s new Lynk & Co. sub-brand, which hoped to introduce in Europe and the U.S. in 2018, says it needs another year to establish retail operations in both markets.

Toyota Reverses Its EV Policy

4/19/2017

Toyota Motor Corp. is making an “agonizing” shift in its attitude about battery-powered cars to meet China’s demand for EVs.

Plastic Omnium Hopes to Double Sales in China by 2021

4/19/2017

Plastic Omnium SA says it intends to hike China sales of its plastic bumpers and fuel tanks to €1.3 billion ($1.4 billion) in five years from €640 million in 2016.

Volvo Confirms EV Plan for China

4/19/2017

Volvo Car Corp. confirms a report last week that it has chosen China as the site to build its first all-electric vehicle and begin shipping it worldwide in 2019.

SAIC Stalls U.S. Entry Over Uncertainty Over U.S. Trade Policy

4/19/2017

SAIC Motor Corp., China's largest carmaker, says it won’t implement plans to enter the U.S. market until the Trump administration clarifies its trade policies.

March Car Sales in Europe Jump 11%

4/19/2017

Deliveries of cars and crossover vehicles across Europe rose to 1.94 million units last month from 1.75 million in March 2016, says trade group ACEA.

Baidu Teams with Nvidia on Cloud-to-Car Platform

4/19/2017

Chinese tech giant Baidu Inc. is partnering with California chipmaker Nvidia Corp. on a cloud-to-car platform to help aid the development of autonomous vehicle technologies.