Production
Tesla’s Musk Adjusts Production Forecast
February 20, 2019 at 8:37 AM
Tesla Inc. CEO Elon Musk says the company expects to build 400,000 electric cars this year, not the 500,000 he mentioned in a brief tweet last night.
Facilities
Hyundai Unit Adds Transmission, Seating Production in India
February 20, 2019 at 1:19 AM
Hyundai Motor Co.’s Hyundai Transys unit will open a new factory in India this autumn to build seats and manual transmissions for the carmaker’s Kia Motors plant nearby.
Labor
VW Diesel Owners’ Lawsuit Heads for Germany’s High Court
February 20, 2019 at 12:32 AM
A landmark lawsuit is heading to Germany's high court over demands that Volkswagen AG compensate customers who bought diesels that VW had rigged to evade emission laws.
Finance
Dana Posts Best Results in 8 Years
February 19, 2019 at 5:21 PM
Dana Inc. says its 2018 sales and earnings are the best since the company emerged from bankruptcy protection in 2008.
Regulatory
Talks Stall Between U.S., Calif. on Fuel Economy
February 19, 2019 at 4:55 PM
Efforts to reconcile future U.S. and California rules about vehicle emissions have collapsed with no agreement, sources tell Bloomberg News.
Americas
Ford Abandons Heavy-Truck Market in South America
February 19, 2019 at 3:55 PM
Ford Motor Co. is exiting the heavy-duty commercial truck business in South America this year.
New Product
Subaru Teases Latest “Viziv” Concept
February 19, 2019 at 3:49 PM
Subaru Corp. plans to unveil a concept crossover vehicle at next month’s Geneva auto show.
Finance
Uber Hikes Sales, Narrows Losses
February 19, 2019 at 2:58 PM
Uber Technologies Inc. says its adjusted net loss in 2018 narrowed 15% to $1.8 billion. Gross booking for the year totaled $50.2 billion.
Powertrain
Report: GM Mulls Massive V-8 for Class 7 Truck
February 19, 2019 at 2:47 PM
General Motors Co. may use a V-8 engine that displaces “well over” 8.0 liters for a Class 7 heavy-duty truck the carmaker is said to be developing with Navistar International Corp.
People
Zotye Adds U.S. Marketing Execs
February 19, 2019 at 2:03 PM
Chinese carmaker Zotye Automobile International Co. has hired industry veterans Jan Thompson and Susan Bland Norton to lead the company’s marketing efforts in the U.S., where it aims to launch sales next year.
Tech
BMW Seeks Tech Ideas to Cool Fast-Charging System
February 19, 2019 at 12:27 PM
BMW AG says next-generation fast-charging systems for electric vehicles will require new cooling methods to tackle higher heat dissipation demand without increasing noise levels.
Mobility
February 19, 2019 at 11:18 AM
PSA Group’s Citroen unit says its microscopic Ami One concept car represents the brand’s vision for future urban mobility.