Business

Brexit Worries Cut British Investments to 10-Year Low

June 17, 2019 at 4:19 AM

British companies plan to cut their investments in domestic operations by 1.3% this year before expanding only 0.4% in 2020 over concern about U.K.’s departure from the European Union.

Mobility

Ford Begins Testing Autonomous Cars in Detroit

June 17, 2019 at 3:46 AM

Ford Motor Co.’s Argo AI unit has begun testing third-generation automated cars in Detroit.

People

Nissan Expands Ghosn Probe to “Everything”

June 17, 2019 at 12:33 AM

Nissan Motor Co. has broadened its internal investigation into possible financial wrongdoing by former Chairman Carlos Ghosn to cover “pretty much everywhere and everything,” a source tells the Financial Times.

Regulatory

Report: Excess Emissions Prompt Opel Recall in Europe

June 17, 2019 at 12:13 AM

PSA Group’s Opel unit has been ordered to recall 210,000 cars in Europe that could emit far more oxides of nitrogen than allowed by EU rules, according to Bild am Sonntag.

Labor

VW Workers Again Reject UAW at Tennessee Plant

June 17, 2019 at 12:00 AM

Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., have again voted against having the United Auto Workers union represent them.

EV-Hybrid

PSA to Make EV Batteries in Slovakia, Spain

June 14, 2019 at 5:25 PM

PSA Group says it is preparing to assemble batteries for its plugin hybrid and all electric cars in Trnava, Slovakia, and Vigo, Spain

Tech

Magna Touts Flexible Seat Trim

June 14, 2019 at 1:47 PM

Magna International Inc. says its new FreeForm seat trim cover can enhance comfort, packaging and design attributes.

Mobility

Startup Tests Remote Controlled Driverless Truck

June 14, 2019 at 12:48 PM

Starsky Robotics, a three-year-old San Francisco-based startup, tested an autonomous and remote-controlled heavy-duty truck this week at 55 mph on a closed section of a highway near Tampa, Fla.

New Product

Fisker EV to Get Side-Mounted Turn Signals

June 14, 2019 at 10:55 AM

California-based Fisker Inc. says its upcoming electric crossover vehicle will feature turn signals on the side of the vehicle in addition to traditional front and rear signals.

Regulatory

Opel Says EVs Will Enable It to Meet CO2 Targets

June 14, 2019 at 10:22 AM

PSA Group’s Opel unit says it will be able to meet European Union targets for carbon dioxide emissions, thanks to upcoming all-electric models.

Business

Report: Nissan Ready to Meet Renault’s Board Seat Demands

June 14, 2019 at 9:40 AM

Nissan Motor Co. is close to an agreement that would give Renault SA—its largest shareholder with a 43% stake—more clout over strategy and management, sources tell Bloomberg News.

Mobility

Michigan R&D Program Targets Israeli Startups

June 14, 2019 at 9:38 AM

As part of its PlanetM mobility initiative, the Michigan Economic Development Corp.  has created a new program to attract Israel-based tech startups to test emerging technologies in Michigan.