Economics

Trump, Trudeau to Discuss Trade Pact Next Week

June 14, 2019 at 4:25 AM

Canada Prime Minister Justin Trudeau will meet with President Donald Trump on June 20 to discuss ratifying their countries’ updated trade deal with Mexico.

GHSP: from Metal Stamping to Electronic Controls

Michigan-based GHSP Inc. started a century ago as a metal stamping company. Today, it’s a full-fledged electronic controls supplier.

EV-Hybrid

PSA to Make EV Batteries in Slovakia, Spain

June 14, 2019 at 5:25 PM

PSA Group says it is preparing to assemble batteries for its plugin hybrid and all electric cars in Trnava, Slovakia, and Vigo, Spain

Tech

Magna Touts Flexible Seat Trim

June 14, 2019 at 1:47 PM

Magna International Inc. says its new FreeForm seat trim cover can enhance comfort, packaging and design attributes.

Mobility

Startup Tests Remote Controlled Driverless Truck

June 14, 2019 at 12:48 PM

Starsky Robotics, a three-year-old San Francisco-based startup, tested an autonomous and remote-controlled heavy-duty truck this week at 55 mph on a closed section of a highway near Tampa, Fla.

New Product

Fisker EV to Get Side-Mounted Turn Signals

June 14, 2019 at 10:55 AM

California-based Fisker Inc. says its upcoming electric crossover vehicle will feature turn signals on the side of the vehicle in addition to traditional front and rear signals.

Regulatory

Opel Says EVs Will Enable It to Meet CO2 Targets

June 14, 2019 at 10:22 AM

PSA Group’s Opel unit says it will be able to meet European Union targets for carbon dioxide emissions, thanks to upcoming all-electric models.

Business

Report: Nissan Ready to Meet Renault’s Board Seat Demands

June 14, 2019 at 9:40 AM

Nissan Motor Co. is close to an agreement that would give Renault SA—its largest shareholder with a 43% stake—more clout over strategy and management, sources tell Bloomberg News.

Mobility

Michigan R&D Program Targets Israeli Startups

June 14, 2019 at 9:38 AM

As part of its PlanetM mobility initiative, the Michigan Economic Development Corp.  has created a new program to attract Israel-based tech startups to test emerging technologies in Michigan.   

Economics

Growth in China’s Industrial Output at 17-Year Low

June 14, 2019 at 8:58 AM

The pace of industrial output in China slumped in May to its slowest pace in 17 years, according to National Bureau of Statistics.

Mobility

Florida Okays Autonomous Vehicles with No Drivers

June 14, 2019 at 4:47 AM

Florida has enacted a law that allows fully autonomous vehicles to be operated on public roads with no human driver on board.

Sales

Growth in Car Sales Slows to 4% in Thailand

June 14, 2019 at 3:50 AM

Growth in new-car sales in Thailand slowed to 4% (88,100 units) in May, the Federation of Thai Industries reports.

EV-Hybrid

FCA Partners with Two European Utilities on EV Charging

June 14, 2019 at 3:26 AM

Fiat Chrysler Automobiles NV has signed deals with multinational electric utilities Enel in Italy and Engie in France to set up charging stations for electric vehicles across Europe.

Finance

VW Targets €1.9 Billion in Traton Truck IPO

June 14, 2019 at 3:02 AM

Volkswagen AG says it hopes to raise nearly €1.9 billion ($2.1 billion) by selling 10% of its Traton AG commercial truck unit in an initial public offering that begins on Monday.