Economics

US. Trade Chief Predicts Quick Solution on NAFTA Update

June 20, 2019 at 12:00 AM

U.S. Trade Representative Robert Lighthizer says he can easily resolve concerns Democrats have over the proposed successor to the North American Free Trade Agreement.

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.

Mobility

Reports: Ford, VW Near Deal on Autonomous Cars

June 12, 2019 at 12:16 PM

Talks between Ford Motor Co. and Volkswagen AG on autonomous vehicles could culminate with a comprehensive partnership involving Ford’s Argo AI unit as early as next month.

Mobility

Uber, Volvo Unveil “Production-Ready” Autonomous Car

June 12, 2019 at 11:21 AM

Volvo Car Corp. and ride-hailing giant Uber Technologies Inc. took the wraps off the latest version of their jointly developed prototype self-driving vehicle.

Business

VW Invests $1 Billion in Northvolt

June 12, 2019 at 10:44 AM

Volkswagen AG is investing €900 million ($1 billion) in Northvolt AB, a Stockholm-based startup that will produce batteries for electrified vehicles.

People

Byton Taps Former BMW, GM Exec as Chief Customer Officer

June 12, 2019 at 10:07 AM

Chinese electric car startup Byton Ltd. has appointed Andreas Schaaf to the newly created position of chief customer officer.

Facilities

Ford Opens Research Center in Israel

June 12, 2019 at 9:25 AM

Ford Motor Co. has opened a research center in Tel Aviv, Israel, to work with local tech companies and startups on new mobility technologies. 

Sales

May Car Wholesales Fell 16% in China

June 12, 2019 at 4:06 AM

Factory sales of new cars to dealers in China dropped 16% to 1.91 million units in May, according to the China Assn. of Automobile Manufacturers.

EV-Hybrid

Power Squeeze Threatens Sweden’s EV Market Growth

June 12, 2019 at 3:08 AM

Sweden’s push to put millions of electric cars on the road is overwhelming the ability of the country’s electric grid to charge them, says Bloomberg News.

Regulatory

House Panel Plans Hearings on Trump Emissions Freeze

June 12, 2019 at 2:04 AM

The U.S. House of Representatives says it will hold a hearing next week about the Trump administration’s plan to freeze carbon dioxide emission limits for cars after 2020.

Mobility

Uber to Test Flying Taxis in Australia

June 12, 2019 at 1:37 AM

Uber Technologies Inc. says it will extend tests of its flying taxi service to Melbourne, Australia, next year, and begin public service in 2023.

Finance

Musk Predicts “Record Quarter on Every Level” for Tesla

June 12, 2019 at 12:30 AM

CEO Elon Musk told Tesla’s shareholder meeting late yesterday that the company has a “decent shot” to deliver record second-quarter results “on every level” next month.

Mobility

Denso, Honeywell Aim to Propel Air Taxis

June 11, 2019 at 6:26 PM

Denso Corp. is working with Honeywell International Inc. to develop hybrid-electric and fully electric propulsion systems for future flying cars and air taxis.

Tech

Hydrogen Explosion Shuts Fuel Station in Norway

June 11, 2019 at 5:21 PM

Nel Hydrogen has closed a fueling station for fuel cell-powered vehicles in Oslo, Norway, following a hydrogen explosion there on Monday.