Business

Nissan: Trade Woes Won’t Deter S. Korean Unit

September 30, 2019 at 2:35 AM

Nissan Motor Co. says it will maintain its presence in South Korea in spite of a sharp drop in sales triggered by strained trade relations between Korea and Japan.

Rivian Plans Subscriptions for Its EVs

September 30, 2019 at 1:16 AM

Michigan-based Rivian Automotive LLC says it will offer customers a subscription option to buying the electric trucks and SUVs it plans to begin making next year at its factory in Normal, Ill.

Bidding War for Osram Heats Up

September 27, 2019 at 11:31 AM

Osram Licht AG says it expects a new offer by Advent International and Bain Capital to acquire the Munich-based lighting systems supplier.

Hyundai, Cummins Partner on Fuel Cells

September 27, 2019 at 10:01 AM

Hyundai Motor Co. and Cummins Inc. have signed a memorandum of understanding to evaluate opportunities to jointly develop and commercialize fuel cell powertrains.

UPDATE: Toyota Hikes Its Stake in Subaru

September 27, 2019 at 1:35 AM

Toyota Motor Corp. is raising its stake in Subaru Corp. above 20% and will post a share of Subaru profits in its own financial reports.

Report: Nissan Cuts CEO Field to 3 Candidates

September 26, 2019 at 2:48 PM

Nissan Motor Co. is focusing on three candidates to take over as CEO, sources tell The Wall Street Journal.

Ford Adds Texas to Autonomous Vehicle Plans

September 25, 2019 at 3:00 PM

Ford Motor Co. is adding Austin, Tex., as one of the cities where it plans to launch commercial applications for self-driving vehicles in by about 2021.

Conti To Cut 20,000 Jobs, Close 2 U.S. Plants

September 25, 2019 at 10:12 AM

Continental AG is launching a 10-year restructuring plan that will eliminate as many as 20,000 employees and shutter two factories in the U.S. 

Hyundai and Aptiv Going for Levels 4 and 5

By: Gary S. Vasilash - September 25, 2019 at 6:00 AM

Creating a $4-billion joint venture (JV) for autonomous vehicle (AV) tech

Renault: FCA Merger “Off the Table”

September 25, 2019 at 2:21 AM

Renault Chairman Jean-Dominique Senard reiterates that the French carmaker is no longer interested in pursuing a merger with Fiat Chrysler Automobiles NV.

Ford Ready to Merge Indian Operations into JV?

September 25, 2019 at 1:03 AM

Ford Motor Co. reportedly is close to shifting most of its Indian operations into a new joint venture that would be 51% owned by Mahindra & Mahindra Ltd.

Tesla Patents Long-Life EV Battery

September 24, 2019 at 3:21 PM

Tesla Inc. has received a U.S. patent for a lithium-ion battery that promises to last significantly longer than units used in current electric vehicles.