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.

Regulatory

France Affirms Ban on Fossil Fuel Cars by 2040

June 11, 2019 at 4:23 PM

France is finalizing a new law on mobility that will formally ban the sale of fossil fuel-powered cars by 2040.

People

Proxy Advisors Seek to Replace Nissan CEO Saikawa

June 11, 2019 at 4:02 PM

Two large proxy advisory firms are suggesting that Nissan Motor Co. shareholders vote against reappointing CEO Hiroto Saikawa, The Nikkei reports.

Business

VW Drops Autonomous-Car Partnership with Aurora

June 11, 2019 at 3:35 PM

Volkswagen says it has ended its 16-month-old alliance with California-based Aurora Innovation two days after the startup announced a partnership with Fiat Chrysler Automobiles to develop and market self-driving commercial vehicles.

Production

India’s Auto Industry Cuts Production as Sales Sag

June 11, 2019 at 3:11 PM

Carmakers in India are trimming output after wholesales plunged 20% to a five-year low of 239,300 units in May.

Tech

Kia Goes Big with Digital Display in Tiny Crossover

June 11, 2019 at 12:06 PM

Kia Motors Corp.’s new XCeed compact crossover will feature an optional 12.3-inch digital display, the first all-digital system the carmaker has offered in any model.

Mobility

Bill Ford: Startups Will Guide Company’s Changeover

June 11, 2019 at 10:17 AM

Chairman Bill Ford says Ford Motor Co. will rely on startups to meet the new-mobility challenges sweeping through the auto industry, Automotive News reports.

New Product

Compact Mercedes Crossover Offers 3rd Row Seating

June 11, 2019 at 9:24 AM

Daimler AG’s Mercedes-Benz unit took the wraps off the all-new GLB 250 compact crossover vehicle, including a 7-seat variant, this week in Germany.

Facilities

Renault-Nissan Open Israeli Innovation Lab

June 11, 2019 at 7:29 AM

Alliance partners Renault SA and Nissan Motor Co. have opened an innovation lab in Tel Aviv, Israel, that will work with local tech startups.

People

Michelin Names Garcin to Head North American Unit

June 11, 2019 at 2:11 AM

Michelin & Cie. has appointed Alexis Garcin as chairman and president of Michelin North America.

Economics

Fuel Prices Poised to Plunge in U.S.

June 11, 2019 at 1:50 AM

Gasoline prices in the U.S., which have been sliding for a week, could drop another 16 cents per gallon this week, Bloomberg News reports.

Economics

Trump Threatens Even Higher Levies on Chinese Goods

June 11, 2019 at 1:03 AM

President Donald Trump told reporters yesterday that he may hike tariffs on $300 billion worth of Chinese goods above 25% unless China President Xi Jinping meets with him at the end of June.

Business

France Urges Renault to Focus on Nissan Alliance

June 11, 2019 at 12:21 AM

French Prime Minister Bruno Le Maire says the country would be willing to reduce its 15% stake in Renault SA, if doing so would help strengthen the company’s 20-year-old alliance with Nissan Motor Co.