Tech

Mercedes to Test V2X in Winter Conditions

October 11, 2019 at 1:15 PM

Daimler AG’s Mercedes-Benz unit will begin testing a vehicle-to-infrastructure communication system this winter in Zollernalb, Germany.

Regulatory

Hyundai Reserves $764 Million for Engine Lawsuit

October 11, 2019 at 12:58 PM

Hyundai Motor Co. and its Kia Motors affiliate have set aside 900 billion won ($764 million) to settle a U.S. class-action lawsuit over engine stalling, fires and other problems.

People

Renault Fires CEO Bollore

October 11, 2019 at 11:32 AM

Renault SA’s board, citing the need for a “fresh start,” has removed President and CEO Thierry Bollore, a loyalist of former Chairman Carlos Ghosn.

Mobility

Fully Driverless Waymo Rides Coming Soon

October 11, 2019 at 10:59 AM

Alphabet Inc.’s Waymo self-driving car unit says it will gradually begin to offer driverless rides as part of its robo-taxi pilot program, which currently uses onboard backup drivers.

Tech

Conti Launches Third-Gen e-Axle

October 11, 2019 at 10:04 AM

Continental AG says its third-generation electric drive system is smaller, lighter, less expensive and more efficient than previous versions.

Economics

Trump, Top China Envoy, to Meet on Trade Today

October 11, 2019 at 2:10 AM

President Donald Trump, saying revived trade talks with China went “very, very well” yesterday, plans to meet this afternoon with China Vice Premier Lieu He.

People

Renault CEO Decries “Coup” to Oust Him

October 11, 2019 at 1:32 AM

Renault CEO Thierry Bollore, facing a board decision to oust him today, describes the move to Les Echos as brutal and stupefying.

New Product

Sleeker Next-Gen Toyota Mirai Gets More Range

October 11, 2019 at 12:00 AM

Toyota Motor Corp.’s redesigned Mirai fuel cell-powered sedan will be larger, more stylish and able to drive 30% farther per fill-up.

Labor

CEO Barra Steps into GM-UAW Talks

October 10, 2019 at 4:54 PM

General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.

Mobility

U.S. Commute Times on the Rise

October 10, 2019 at 4:44 PM

Americans spent an average 54 minutes per day traveling to and from their jobs last year, according to the U.S. Census Bureau.

Sales

GM Sales in China Drop 18% in Third Quarter

October 10, 2019 at 4:09 PM

General Motors Co. reports it sold 689,500 cars and light trucks in China in July-September, down 18% from the same period in 2018.

Finance

Suzuki Predicts $1.3 Billion Loss as Sales Slide

October 10, 2019 at 2:30 PM

Suzuki Motor Corp. warns that slumping sales in India will cut its net profit 22% to 140 billion yen ($1.3 billion) in the current fiscal year ending March 31.