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

Citroen Shows Tiny EV Concept

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.