Business

UPDATE: Audi’s CEO Crisis Renews Criticism of VW Board

June 20, 2018 at 1:13 AM

This week’s response by Volkswagen AG’s supervisory board to this week’s arrest of Audi CEO Rupert Stadler underscores years of complaints about the board’s weakness, says the Financial Times.

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Dassault Systemes

IAV: Digitizing the Product Development Process

The auto industry’s pursuits of electrification, autonomous driving and next-generation manufacturing are driving a record pace of activity at IAV Automotive Engineering Inc.

Five Ways to Embrace Continuous Learning at a Trade Show

Sponsored - February 14, 2018 at 6:00 AM

The educational benefits of trade shows and conferences can be endless, but they require a little extra effort and planning. Here's how to embrace continuous learning and get the most out of your trade show experience.

Economics

Report: German Carmakers Favor Dropping EU Tariffs on U.S. Cars

Germany’s carmakers support an end to the EU’s 10% import tax on cars if lifting that tariff would end President Donald Trump’s threat to slap a 25% duty on foreign cars, sources tell The Wall Street Journal.

Economics

EU to Begin Retaliatory Tariffs on Friday

The European Union will begin on June 22 to impose tariffs worth €2.8 billion ($3.2 billion) on American imports in response to U.S. duties on foreign aluminum and steel.

Business

Conti Moves Ahead with IPO for Powertrain Unit

Continental AG intends in early July to unveil a new corporate structure and make an initial public offering of a portion of its powertrain division, sources tell Bloomberg News.

Sales

Korean Brands Top JD Power Initial Quality Ratings

South Korea’s Genesis, Kia and Hyundai brands captured the top three positions, respectively, in this year’s Initial Quality Study by market researcher JD Power.

Business

Porsche Buys 10% Stake in Rimac

Porsche AG has purchased a 10% stake in Croatia’s Rimac Automobil, which specializes in high-performance electric hypercars and related technologies.

Business

VW, Hyundai to Collaborate on Fuel Cell Tech

Hyundai Motor Group and Volkswagen AG have signed a cross-licensing agreement under which the companies will cooperate on fuel cell vehicle components and technologies.   

Facilities

Volvo Opens First U.S. Plant

Volvo Car Corp. officially opened its first U.S. assembly plant today in Charleston, S.C.

Business

UPDATE: Audi’s CEO Crisis Renews Criticism of VW Board

This week’s response by Volkswagen AG’s supervisory board to this week’s arrest of Audi CEO Rupert Stadler underscores years of complaints about the board’s weakness, says the Financial Times.

Sponsored Content

Prototyping Materials and Processes for Automotive Lightweighting

Material selection is the key factor for making vehicles lighter. Here’s a quick look at the best options that also lend themselves to quick-turn, fully functional prototypes.

Regulatory

Colorado Plans to Adopt California Emission Standards

Colorado has begun the process of adopting the same vehicle emission standards set by California and followed by 12 other states and the District of Columbia.