Regulatory

Toyota in “Final Phase” of U.S. Airbag Recalls

October 18, 2019 at 2:11 AM

Toyota Motor Corp. is recalling 928,000 vehicles in the U.S. under the final phase of its multi-year effort to replace Takata Corp. airbag inflators that can degrade and then explode in a crash.

Economics

China’s Economic Growth Slows Further

October 18, 2019 at 1:42 AM

China says its gross domestic product expanded by 6% in the third quarter, the slowest pace since the current measure of GDP was adopted 27 years ago.

Facilities

Bulgaria, Romania, Serbia Revive Bids for VW Plant

October 18, 2019 at 1:06 AM

Volkswagen AG’s postponement of plans for a $1.4 billion factory in Turkey has prompted previous contenders to revive efforts to win the project.

Facilities

GM Offers to Spend $7.7 Billion on U.S. Plants

October 18, 2019 at 12:42 AM

General Motors Co. has offered to invest $7.7 billion in its U.S. plants if United Auto Workers union members ratify a proposed four-year labor contract next week.

Labor

UAW to Continue GM Strike Pending Contract Ratification

October 18, 2019 at 12:07 AM

The United Auto Workers union will continue its walkout at General Motors Co. pending ratification of a new four-year labor agreement by union members next week.

Legal

VW Gets 90 Days More to Test Diesel Programs

October 17, 2019 at 5:14 PM

Volkswagen AG has been granted another 90 days to verify emission compliance programs it was ordered by the U.S. Dept. of Justice to launch in the wake of its diesel emission cheating scandal four years ago.

Powertrain

Mercedes-AMG C63 May Get Mild Hybrid Option

October 17, 2019 at 5:00 PM

Daimler AG’s Mercedes-AMG unit reportedly will switch the 4.0-liter V-8 engine in its C63 performance car for a turbocharged 2.0-liter 4-cylinder mill teamed with a mild-hybrid system in 2022.

People

Peugeot Names N. American Marketing Chief

October 17, 2019 at 3:48 PM

PSA Group’s Peugeot unit has appointed Lisa Mark chief marketing officer and vice president for its fledgling North American operations.

Economics

U.K., EU Reach Tentative Brexit Deal

October 17, 2019 at 3:03 PM

British Prime Minister Boris Johnson and the head of the European Union say they have reached a deal for a “soft” U.K. exit from the EU at the end of October.

Finance

Dura Automotive Files for Bankruptcy

October 17, 2019 at 2:40 PM

Lynn Tilton, the flamboyant owner of Dura Automotive Systems LLC, has put the company’s U.S. operations into bankruptcy so she can buy them back through a court-supervised auction.

EV-Hybrid

Toyota Readies Tiny EV and Scooters

October 17, 2019 at 2:33 PM

Toyota Motor Corp. plans to launch a tiny electric city car late next year in Japan.  

Production

Tesla Gets Production License in China

October 17, 2019 at 10:38 AM

Tesla Inc. has been awarded the government certificate it needs to launch production at the electric-car factory it is erecting in Shanghai, Reuters reports.