Business

Audi Confirms Battery Talks with BYD

By: Bill Hampton - November 22, 2019 at 12:00 PM

Audi AG operations in China confirm the company is in talks to supply its electric car output in China with batteries from local EV maker BYD Co.

BMW, Great Wall Get Okay for Factory in China

By: Bill Hampton - November 22, 2019 at 11:34 AM

Great Wall Motor Co. and partner BMW AG have finally cleared regulatory hurdles to open a factory in Zhangjiangang and supply the Chinese market.

VW, Partners to Spend $4.4 Billion in China

By: Steve Plumb - November 22, 2019 at 9:39 AM

Volkswagen AG and its partners plan to invest more than $4.4 billion next year in China, 40% of it on e-mobility programs.

Panasonic Won’t Make Tesla Batteries in China

By: Bill Hampton - November 22, 2019 at 2:23 AM

Panasonic Corp., a major partner in Tesla Inc.’s batterymaking “gigafactory” near Reno, Nev., says it has no plans do the same in China to support the electric car company’s new assembly plant in Shanghai.

How Will GM Lawsuit Impact FCA-PSA Merger?

By: Bill Hampton - November 21, 2019 at 5:02 PM

The racketeering lawsuit General Motors filed this week against Fiat Chrysler Automobiles could rattle the merger FCA hopes to complete with PSA Group by year-end.

JLR Chief Welcomes Alliances, Rules Out Merger

By: Bill Hampton - November 21, 2019 at 3:00 PM

Jaguar Land Rover CEO Ralf Speth reiterates that the company would welcome alliances on technology and components but doesn’t need a merger partner.

ZF Teams with Chinese Partner on Electric Motors

By: Steve Plumb - November 21, 2019 at 8:53 AM

ZF Friedrichshafen AG and China’s Wolong Electric Group Co. are forming a joint venture to produce electric motors and related components for electrified vehicles.

BMW Hikes Battery Cell Orders to €10.2 Billion

By: Bill Hampton - November 21, 2019 at 2:32 AM

BMW AG has awarded orders for $11.3 billion worth of battery cells for electrified vehicles over the next 12 years.

BMW Moves Forward with Cost-Cutting Plans

By: Steve Plumb - November 20, 2019 at 2:44 PM

BMW AG has inked efficiency deals with 18 suppliers and is in talks with union officials in Germany to help slash at least $13.3 billion in costs by 2022.

Renault Could Trim Products, Markets

By: Bill Hampton - November 20, 2019 at 1:38 AM

Interim Renault CEO Clotilde Delbos says the carmaker is reviewing midterm goals that could include trimming its product lineup and exiting some markets.

Cadillac Ready to Relaunch Subscription Service

By: Bill Hampton - November 20, 2019 at 12:42 AM

General Motors Co.’s Cadillac brand plans to launch a new version of its Book by Cadillac subscription service next spring.

Pessimism High Among N. American Suppliers

By: Bill Hampton - November 20, 2019 at 12:06 AM

Trade tensions and slower sales are keeping automotive suppliers in North America pessimistic about the future, says the Original Equipment Suppliers Assn.