Economics

Fuel Prices Finally Drop in U.S.

October 22, 2018 at 3:32 PM

The average price of a gallon of unleaded gasoline in the U.S. declined 4 cents to $2.85 per gallon this week, AAA reports.

Mobility

Ford Expands Self-Driving Car Tests to Washington, D.C.

October 22, 2018 at 3:27 PM

Ford Motor Co. plans to begin testing a fleet of self-driving cars early next year in Washington, D.C.

Economics

Ford Says Tariffs Make Steel from U.S. Costliest Anywhere

October 22, 2018 at 2:55 PM

Ford Motor Co. says U.S. tariffs on imported steel have made the domestically produced metal the world’s most expensive.

Business

ZF Buys Stake in German Engineering Firm

October 22, 2018 at 2:51 PM

ZF Friedrichshafen AG has acquired a 35% stake in ASAP Holding GmbH, an engineering services company based in Gaimersheim, Germany.

New Product

Ford Begins Ranger Pickup Truck Production in Michigan

October 22, 2018 at 12:27 PM

Ford Motor Co. has officially launched U.S. production of its Ranger midsize pickup truck at its Michigan Assembly Plant outside Detroit.

Mobility

Musk Readies High-Speed Underground Shuttle Test

October 22, 2018 at 11:59 AM

Elon Musk’s Boring Co. plans to open a 2-mile-long test tunnel for its high-speed underground shuttle service near Los Angeles this year.   

New Product

Nissan Maxima Gets Mid-Cycle Freshening

October 22, 2018 at 11:21 AM

Nissan Motor Co. is giving its Maxima large sedan a makeover for the 2019 model year.

Business

GM Korea Research Spinoff Sparks Plans for Strike, Lawsuit

October 22, 2018 at 10:57 AM

A decision by GM Korea to spin off its r&d unit has prompted threats of a strike by its labor union and a lawsuit by its second-largest shareholder to nullify to plan.

New Product

Aston Martin Files to Trademark Valhalla Name

October 22, 2018 at 10:55 AM

Aston Martin Lagonda Ltd. has filed an application to trademark the name Valhalla, fueling speculation the luxury carmaker will use the moniker for the hypercar it plans to launch in 2021.

Regulatory

GM Recalls Vans to Fix Fire Hazard

October 22, 2018 at 10:29 AM

General Motors Co. is preparing to recall 30,300 vans in the U.S.to fix a wiring issue that could set the headliner on fire.

Facilities

Toshiba to Add EV Battery Plant in Japan

October 22, 2018 at 10:14 AM

Toshiba Corp. is building a lithium-ion battery plant in Japan to meet growing demand for hybrid and all-electric vehicles.

Tech

Tesla Drops Full Self-Driving Tech Option

October 22, 2018 at 2:23 AM

Tesla Inc. has stopped promoting yet-to-be-developed “full self-driving” capability for its electric cars.