China to Multiply Output of Bioethenol Fuels

February 20, 2018 at 1:39 PM

China plans to expand its production and consumption of bioethanol fuel over the next three years to help reduce excess stockpiles of corn and grain.

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Visteon’s Open Platform System for Self-Driving Vehicles

Visteon Corp. is developing DriveCore, an open platform to control and operate autonomous vehicles.

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Mitsubishi Outlander Plug-In Hybrid Gets New Look, More Power

Mitsubishi Motors Corp. is giving the plug-in hybrid variant of its Outlander SUV a mid-cycle freshening that includes an upgraded battery and powertrain.


Porsche Drops Current Diesel Models

Porsche AG has stopped production of its two diesel models—variants of the Macan S crossover and Panamera 4S sedan—but the company hasn’t ruled out offering new oil burners in the future, Autocar reports.


Daimler Will Invest €2.6 Billion on Electric Trucks through 2019

Daimler AG says it will spend €2.6 billion ($3.2 billion) through 2019 to develop electric heavy-duty trucks and equip them with self-driving and connectivity features.


VW Agrees to 4.3% Wage Hike in Europe

Volkswagen AG has agreed to pay annual bonuses and increase the wages for 120,000 of its hourly workers in western Europe by 4.3%, beginning in May.


Bosch Forms Mobility Services Unit, Acquires U.S. Ridesharing Startup

Robert Bosch GmbH’s newly formed Connected Mobility Solutions division will focus on car- and ridesharing services, connectivity and other “digital mobility” products.​​


Mitsubishi Corp. Confirms Plan to Hike Its Stake in MMC

Trading house Mitsubishi Corp. says it will double its stake in Mitsubishi Motors to 20% by buying a portion of shares held by two other members of the Mitsubishi Group.


Qualcomm Hikes Bid for NXP

Qualcomm Inc. has raised its bid to buy NXP Semiconductors NV to $44 billion in an effort to block its own acquisition by Broadcom Ltd.


Detroit Judge Rejects GM-Bosch Motion to Dismiss Lawsuit about Diesel Cheating

General Motors Co. and Robert Bosch GmbH have failed to quash a U.S. lawsuit that claims they used illegal software to evade diesel emission regulations.


Toyota Recalls Tundra Pickups, Sequoia SUVs

Toyota Motor Corp. is recalling about 65,000 trucks and SUVs to fix a software glitch that could disable the vehicle stability control system.


VW Loses Bid to Delay U.S. Trial on Diesel Emissions

A circuit court judge in Virginia has rejected Volkswagen AG’s request to delay a trial about claims that the company deceived buyers by touting its cheater diesels as environmentally friendly.