Business

CEOs Say Shareholder Value Isn’t Everything

August 19, 2019 at 5:11 PM

Publicly trade companies have a duty to do much more than deliver hefty dividends to shareholders, says the Business Roundtable.

Track-Testing Schaeffler’s e-Mobility Tech

For years Schaeffler Group USA has been helping carmakers make their powertrains more efficient through electrification, supplying everything from components to turnkey systems.

Economics

GM, Ford Evaluate Possible Economic Slump

August 14, 2019 at 12:46 AM

General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.

EV-Hybrid

Porsche Amps Up Hybrid Cayenne SUVs

August 14, 2019 at 12:02 AM

Porsche SA is adding high-performance plug-in hybrid options for its popular Cayenne crossovers in 2020.

Americas

Honda to End Carmaking in Argentina Next Year

August 13, 2019 at 4:58 PM

Honda Motor Co. says it will stop making cars in Argentina next year and convert its factory there to a motorcycle plant.

Business

Uber Halts Services at California Airport

August 13, 2019 at 4:48 PM

Ride-hailing giant Uber Technologies Inc. plans to stop offering service to and from Ontario International Airport near Los Angeles next month due to escalating fees.

People

Audi Names New Head for U.S. Unit

August 13, 2019 at 4:00 PM

Audi AG has appointed Daniel Weissland, currently head of its Canadian unit, as president of U.S. operations, effective Sept. 1.

Tech

Audi Q4 to Get Customizable Lights

August 13, 2019 at 3:42 PM

Audi AG’s upcoming Q4 e-tron electric vehicle will feature personalized headlights and taillights, Autocar reports.

Economics

Outlook for German Economy Plunges

August 13, 2019 at 3:31 PM

Confidence in Germany’s economy among experts in Germany’s financial markets plummeted this month, according to the ZEW Indicator of Economic Sentiment.

EV-Hybrid

Platinum Suppliers Target EV Batteries

August 13, 2019 at 2:18 PM

Anglo American Platinum Ltd., the world’s largest supplier of platinum and palladium, is teaming up with mining giant Platinum Group Metals to develop next-generation batteries for electric vehicles.

People

Eaton Vehicle Group Names New CTO, Forms eMobility Partnership

August 13, 2019 at 12:21 PM

Eaton Corp.’s Vehicle Group has appointed Karl Sievertsen vice president of engineering and chief technical officer.

Powertrain

Researchers Apply Jet Ignition Tech to Cars

August 13, 2019 at 11:34 AM

Researchers at Purdue University are working to adapt a “pre-chamber” ignition technology used in jet airplanes to passenger vehicles.

EV-Hybrid

Freightliner Launches Electric Trucks in U.S.

August 13, 2019 at 10:45 AM

Daimler AG’s Freightliner heavy-duty truck unit is launching full electric versions of the Cascadia big rig this month in the U.S.

Sales

U.S. Vehicle Inventories at 27-Year High

August 13, 2019 at 10:28 AM

Stocks of unsold new cars entered August with an estimated 71-day supply in the U.S., the highest for that date in 27 years, according to Automotive News