Sales

June Car Sales Climb 5% in Europe

July 17, 2018 at 2:24 AM

Car registrations across Europe rose 5% to 1.62 million units in June, trade group ACEA reports.

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Dassault Systemes

Honda’s Laser-Welded, Hot-Stamped Door System

Honda and steelmaker ArcelorMittal have been developing advanced techniques to weld varying types and thicknesses of steel into sheets, then hot-stamp them into the structural “rings” that frame the outer and inner parts of a vehicle’s door.

When Automated Production Turning is the Low-Cost Option

Sponsored - June 27, 2018 at 8:51 AM

For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.

Finance

Robo-Taxi Developer Zoox Raises $500 Million

Zoox Inc. has attracted $500 million in new funding for its efforts to launch an electric self-driving taxi as soon as 2020.

Business

Three Chinese Carmakers Form Ride-Hailing Alliance

A trio of state-owned Chinese carmakers is launching a joint ride-hailing service to rival foreign-based competitors.

Sales

PSA Targets 15 Import-Friendly States for U.S. Sales Debut

PSA Group has identified 15 U.S. states with demand for imported cars as likely entry points when it launches sales in North America in 2026.

EV-Hybrid

VW Confirms EV Production Plans for U.S.

Volkswagen AG will build the production versions of its concept Buzz and Crozz electric vehicles in the U.S.

People

Former Mercedes Exec Joins Online Car-Shopping Firm

Online car-shopping and financing service AutoGravity Corp. has hired former Mercedes-Benz executive Alex Mallmann to be its new president and CEO.

Regulatory

New EPA Chief to Meet Calif. Regulators on Emission Rules

The new head of the U.S. Environmental Protection Agency is to meet on Tuesday with the California’s top air quality chief to discuss White House plans to freeze vehicle emission standards.

Economics

Japan, EU Agree To Drop Import Taxes on Cars

Japan and the European Union have agreed to remove the EU’s 10% tariff on Japanese cars and 3% tax on car parts.

Legal

Prosecutors Expected to Indict Kobe Steel in Doctored Data Scandal

Police in Japan have turned over to prosecutors evidence about fabricated quality reports at Kobe Steel Ltd.

Economics

EU Seeks to Avert U.S. Car Tariffs in July 25 Meeting

The European Union hopes to reach an agreement with President Donald Trump next week to avert U.S. plans to slap a 20% tariff on cars made in Europe.

Business

BMW Gains Right to Invest in CATL Chinese Battery Maker

BMW AG’s joint venture in China has been given government permission to invest as much as 2.9 billion yuan ($425 million) in Chinese batterymaking giant CATL.