Tech

LG Touts 5G Module

October 16, 2019 at 7:02 AM

LG Group’s Innotek unit has developed the first 5G automotive module using Qualcomm Inc.’s Snapdragon 5G chip.

Business

XL Buys Quantum’s Electrification Unit

October 16, 2019 at 6:05 AM

Boston-based XL (formerly XL Hybrids), which supplies hybrid powertrain systems for commercial vehicles, has acquired Quantum Fuel Systems LLC’s electrification division.

Economics

SMMT: “Hard” Brexit May Kill U.K. Auto Industry

October 16, 2019 at 12:36 AM

A British exit from the European Union that doesn’t include a trade deal will jeopardize the future of the U.K.’s auto industry, warns the Society of Motor and Manufacturers and Traders.

EV-Hybrid

Aptera Claims Its EV Can Run only on Solar Power

October 16, 2019 at 12:28 AM

California-based startup Aptera Motors Inc. claims its latest three-wheeler electric car will be able to generate enough solar power to never need a plug-in charge.

Regulatory

U.K. Vows Plan to Make Transport Carbon-Free

October 16, 2019 at 12:12 AM

Britain’s transport ministry says it will finalize a report early next year that details how the country’s entire transport system can achieve net zero emissions of greenhouse gases by 2050.

Mobility

S. Korea to Prep Highways for Robotic Cars

October 16, 2019 at 12:02 AM

The South Korean government says it will upgrade the country’s 3,400 miles of major highways for use by autonomous vehicles by 2024.

Labor

UAW, GM Close to Deal?

October 15, 2019 at 5:18 PM

General Motors Co. and the United Auto Workers union may be ready tomorrow to announce a tentative contract deal, sources tell Reuters.

EV-Hybrid

Toyota/Lexus to Launch 3 EVs by 2021

October 15, 2019 at 2:13 PM

Toyota Motor Corp. says it will launch three electric vehicles between its namesake and Lexus brands within the next two years.

Economics

Global Economic Growth at 10-Year Low

October 15, 2019 at 11:50 AM

The world’s economy is expanding at its slowest pace since the Great Recession a decade ago, the International Monetary Fund says.

Facilities

VW Postpones Decision on Plant in Turkey

October 15, 2019 at 8:35 AM

Volkswagen AG says it has suspended plans to open a large assembly plant in Manisa, Turkey, by 2022.

Business

Hyundai to Invest $35 Billion on Advanced Mobility

October 15, 2019 at 7:34 AM

Hyundai Motor Group plans to invest 41 trillion won ($34.6 billion) over the next six years to develop next-generation mobility technologies and services.

New Product

FCA, AM General Partner on Gladiator Military Truck

October 15, 2019 at 6:44 AM

Fiat Chrysler Automobiles NV and defense contractor AM General LLC are developing a military version of the Jeep Gladiator midsize pickup truck.