Asia

Renault, Nissan Meeting on Future of Alliance

December 18, 2018 at 1:55 AM

Top officials from Renault SA and Nissan Motor Co. are gathering today in Amsterdam for two days of meetings about the future of their 19-year-old alliance.

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Dassault Systemes

Supplier Balancing Act

As U.S. car sales growth peaks, auto suppliers must manager their resources more closely than ever, notes Julie Fream, president and CEO of the Original Equipment Suppliers Assn.

New Product

Mercedes Teases Next-Gen CLA Fastback

December 18, 2018 at 10:16 AM

Daimler AG’s Mercedes-Benz unit has released a teaser image of the second-generation CLA.

EV-Hybrid

China’s Largest EV Charging Network Targets Breakeven

December 18, 2018 at 10:08 AM

The company that controls 41% of China’s charging stations for electric cars predicts it will break even in 2018 after two years of losses.

Mobility

Audi Taps Luminar for Lidar in Self-Driving Test Fleet

December 18, 2018 at 9:18 AM

Audi AG’s Autonomous Intelligent Driving subsidiary is using Luminar Technologies Inc.’s lidar in prototype self-driving vehicles to identify and track surrounding objects.

Regulatory

EU Sets Target for 37.5% Lower CO2 from Cars by 2030

December 18, 2018 at 1:17 AM

Members of the European Union and the European Parliament have agreed to cut carbon dioxide emissions from cars 37.5% between 2021 and 2030.

Sales

Mercedes Cuts China Prices for Cars from U.S.

December 18, 2018 at 12:51 AM

Daimler AG’s Mercedes-Benz unit says it will lower Chinese prices on four U.S.-produced models in response to China’s plan to drop import tariffs on such vehicles to 15% from 40%.

Business

Nissan Rebuffs Renault’s Demand for Shareholder Meeting

December 17, 2018 at 4:55 PM

Nissan Motor Co. CEO Hiroto Saikawa has rejected Renault SA’s request for a quick shareholder meeting to discuss the crisis sparked by the arrest of former Chairman Carlos Ghosn.

People

Apple Poaches Another Tesla Exec

December 17, 2018 at 4:40 PM

Apple Inc. has hired designer Andrew Kim, a senior design manager at Tesla Inc. for the last two years.

Business

New VW Campaign Highlights Autonomous Tech

December 17, 2018 at 3:37 PM

Volkswagen AG is launching a new advertising campaign to showcase its various driver-assist systems to be marketed under the carmaker’s new IQ.Drive brand.

Production

FCA Extends Holiday Plant Shutdowns in N. America

December 17, 2018 at 3:01 PM

Fiat Chrysler Automobiles NV says several of its assembly plants in the U.S. and Canada will be idled in early January to reduce inventories of unsold cars.

EV-Hybrid

Chinese EV Maker Aims to Launch U.S. Sales in 2020

December 17, 2018 at 2:32 PM

China startup Qiantu Motor and California’s Mullen Technologies Inc. have agreed to assemble and sell a modified version of the Chinese company’s K50 electric car in North America in 2020.

Business

British Entrepreneur Buys Bloodhound Speed Project

December 17, 2018 at 11:32 AM

Ian Warhurst has purchased Bloodhound Programme Ltd., the U.K.-based company that aims to break the land speed record, out of receivership for an undisclosed price.

Powertrain

Hyundai Nixes Plans for Diesel-Powered Santa Fe

December 17, 2018 at 10:55 AM

Hyundai Motor Co. has decided scrap plans to add a diesel option to its Santa Fe crossover vehicle in the U.S. early next decade.