Business

Report Blasts Audi Board Indecisiveness

June 26, 2017 at 1:26 AM

An internal assessment by Audi AG managers complains of a “disastrous” lack of leadership by the Volkswagen Group unit’s executive board, including CEO Rupert Stadler, Bild am Sonntag says.

Qualcomm Invests in Battery Safety Tech

June 23, 2017 at 12:00 AM

Qualcomm Inc. is investing an unspecified amount in Amionx Inc., a Carlsbad, Calif.-based developer of battery safety technologies.

Accuride to Acquire Germany’s Mefro Wheels

June 22, 2017 at 5:40 PM

Commercial vehicle wheelmaker Accuride Corp. has agreed to buy privately held competitor Mefro Wheels GmbH, a German supplier of original-equipment steel wheels for cars, trucks and vehicles used in agriculture and construction.

AM General Sells Factory to EV Startup

June 22, 2017 at 2:06 PM

AM General LLC has agreed to sell its light-vehicle assembly plant in Mishwaka, Ind., for $110 million to China-backed SF Motors Inc.

Takata Bankruptcy Filing Due on Monday

June 22, 2017 at 12:53 PM

Airbag maker Takata Corp. will file for bankruptcy protection in Tokyo on June 26, sources tell Reuters.

Harley-Davidson May Bid for Rival Ducati

June 22, 2017 at 12:00 AM

Milwaukee-based Harley-Davidson Inc. is preparing a bid for Italian motorcycle maker Ducati Motor Holding SpA., sources tell Reuters.

Volvo to Relaunch Polestar as a Stand-Alone EV Brand

June 21, 2017 at 12:21 PM

Volvo Car Corp. will relaunch its Polestar performance unit as a separate brand that markets high-performance electrified vehicles under its own name.

New Rules for Dodge Dealers: The Demon is in the Details

June 21, 2017 at 12:00 AM

Fiat Chrysler Automobiles NV’s Dodge unit says it will prioritize orders for its new Challenger SRT Demon performance model to dealers who don’t engage in price gouging and meet other sales guidelines.

Hyundai Targets Fuel Cell Sales Lead with New Model

June 21, 2017 at 12:00 AM

Hyundai Motor Co. plans to produce 3,600 of its new fuel cell vehicle next year, Business Korea reports.

ZF, Hella Partner on Driver-Assist Sensor Systems

June 20, 2017 at 12:20 PM

ZF Friedrichshafen AG and Hella KGaA Hueck & Co. have formed a nonexclusive partnership to develop sensors and systems for driver aid features and autonomous vehicles.

VW Bids to Host 2021 ITS World Congress

June 20, 2017 at 10:25 AM

Volkswagen AG and its partner city of Hamburg, Germany, have submitted a bid to host the 2021 ITS World Congress.

Conti Joins Self-Driving Car Tech Alliance

June 20, 2017 at 10:05 AM

Continental AG is joining the one-year-old consortium formed by BMW, Intel and Mobileye to develop autonomous vehicle technologies.