Business

Toyota Trims Mid-Year Bonuses in Japan

June 13, 2019 at 4:17 AM

Toyota Motor Co. plans to lower summer bonuses paid to managers and hourly workers by 4%-5% and 10%, respectively, this year.

Sales

VW Brand Sales Fell 5% in May

June 13, 2019 at 4:06 AM

Volkswagen AG says its VW brand delivered 512,100 vehicles last month, down 5% from the same month in 2018.

Business

Renault Chairman Vows to Fix “Damaged” Nissan Alliance

June 13, 2019 at 2:54 AM

Renault SA Chairman Jean-Dominique Senard tells shareholders that his top priority is to restore relations between the French carmaker and alliance partner Nissan Motor Co.

People

Ex-Ford Designer Woodhouse Lands at Nissan

June 13, 2019 at 1:14 AM

Nissan Motor Co. has named David Woodhouse, previously director of strategic design at Ford Motor Co., as its new design chief for North America.

Regulatory

Ford Recalls Target Suspension, Transmission Flaws

June 12, 2019 at 4:50 PM

Ford Motor Co. is recalling 1.2 million of its Ford Explorer SUVs to replace rear suspension links that could break and interfere with steering control.

Business

ChargePoint and Electrify America Team Up on EV Charging

June 12, 2019 at 3:22 PM

The two largest electric vehicle charging networks in the U.S.—ChargePoint Inc. and Volkswagen AG’s Electrify America LLC subsidiary—have agreed to let their members use each other’s charging stations.

EV-Hybrid

Tesla Targets 400-Mile EV Range

June 12, 2019 at 2:42 PM

Tesla Inc. CEO Elon Musk says it “won’t be long” before the carmaker’s electric vehicles will be able to travel more than 400 miles on a charge.

Tech

Hyundai Developing AI Tech to Assess Crash Injuries

June 12, 2019 at 2:12 PM

Hyundai Motor Co. and MDGo, an Israeli startup specializing in medical-related artificial intelligence, are developing a system to quickly give first responders information about potential injuries of crash victims.

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.