NEWS

German Prosecutors Expect 4 Rulings on VW Lawsuits This Year

4/3/2017

Prosecutors in Germany tell Automobilwoche that they expect courts to settle four lawsuits against people indicted for aiding Volkswagen AG’s diesel cheating.

Ford Recalls F-250 Trucks for Rollaway Hazard

4/3/2017

Ford Motor Co. is recalling 52,600 of its 2017-model F-250 pickup trucks in North America because they could roll away after the transmission is shifted into Park.

GM Korea Sells Out First Batch of Bolt EVs in 2 Hours

4/3/2017

General Motors Co. says it took less than two hours to sell out the first allotment of 400 Chevrolet Bolt electric sedans it is sending to South Korea.

Uber Exec Won’t Testify on Charges of Stealing Secrets

3/31/2017

Anthony Levandowski is refusing to testify about claims he stole secrets from Waymo’s self-driving-car program before setting up his own self-driving-truck startup, a year ago, The New York Times reports.

Auto Output Drives Japan’s Industrial Gain

3/31/2017

Japan’s carmakers hiked domestic production nearly 5% in February, helping to deliver a 2% gain for the country’s industry output from January to February, according to preliminary government data.

Fuji Heavy Industries Becomes Subaru

3/31/2017

Fuji Heavy Industries Ltd., maker of Subaru cars, will change its name to Subaru Corp. on April 1.

German Ministry Claims New Evidence of Fiat Diesel Cheating

3/31/2017

Germany’s transport ministry claims it has discovered a new “defeat device” designed to evade diesel emission tests.

Ford Hikes CEO Fields’ Compensation 19%

3/31/2017

Ford Motor Co. paid CEO Mark Fields $22.1 million in total compensation last year, up from $18.6 million in 2016.

Toyota Partners with Universities on Battery Research

3/31/2017

Toyota Motor Corp. is teaming up with several universities and tech companies on research programs to develop next-generation batteries for hybrid and electric vehicles.

New Musk Venture Targets Human AI

3/31/2017

Tesla Inc. and Space Exploration Technologies Corp. founder Elon Musk is launching a new venture that aims to integrate artificial intelligence with the human brain, The Wall Street Journal reports.