Business

BMW Logistics Center Tests Self-Driving Skiffs

April 30, 2019 at 5:22 AM

BMW AG’s logistics center in Dingolfing, Germany, has begun using self-driving platforms to transport incoming replacement parts from the freight dock to the warehouse.

Bosch Partners with Powercell on Fuel Cell Production

April 29, 2019 at 5:06 PM

Robert Bosch GmbH has formed an alliance with Powercell Sweden AB to develop and mass produce fuel-cell stacks for the commercial truck and automotive markets.

GM Will Go Virtual with 2019 Annual Meeting

April 29, 2019 at 3:21 PM

General Motors Co. will replace its usual shareholder meeting this year with a live webcast but no live audience.

FCA Certain It Will Survive Industry Turmoil

April 29, 2019 at 11:06 AM

CEO Mike Manley declares himself “100% sure” that Fiat Chrysler Automobile NV’s “house of brands” will carry the carmaker through all the technological disruptions facing the auto industry.

Conti Pushes Powertrain IPO to 2020

April 29, 2019 at 9:58 AM

Continental AG is delaying the planned spinoff of its powertrain unit from later this year to sometime in 2020, depending on market conditions.

Musk Reaches Tweets Deal with SEC

April 29, 2019 at 12:00 AM

Tesla Inc. CEO Elon Musk has agreed to let Tesla lawyers preapprove his tweets about any items in a long list of company production, sales and financial targets.

Report: Renault Readies New Nissan Merge Plan

April 26, 2019 at 12:55 PM

Renault SA is preparing a proposal that would merge the company with Nissan Motor Co. through a holding company, sources tell The Nikkei.

Munro Partners with India Engineering Firm

April 26, 2019 at 12:40 PM

Auburn Hills, Mich.-based Munro & Associates Inc. has formed a strategic alliance with India’s Hinduja Tech Ltd. to widen its range of engineering services. 

Toyota’s Lexus Brand to Enter Mexican Market

April 26, 2019 at 12:00 AM

Toyota Motor Corp. says its Lexus luxury brand will enter the Mexican market at the end of 2021.

Car-Sharing Giant Getaround Buys Rival Drivy

April 24, 2019 at 10:23 AM

San Francisco-based Getaround Inc. is acquiring European rival Drivy in a $300 million deal that will create the world's largest car-sharing service.

BMW to Source Cobalt Directly from Approved Mines

April 24, 2019 at 8:37 AM

BMW AG plans to buy cobalt, which is used in lithium-ion batteries for electrified vehicles, directly from mines to ensure child labor isn’t used during the mining process.

Allison Transmission Buys AxleTech’s EV Tech Unit

April 23, 2019 at 12:01 PM

Indianapolis-based Allison Transmission Holdings Inc. has agreed to purchase AxleTech International LLC’s Electric Vehicle Systems division.