Business

Mahindra, Ford Sign SUV Deal for Indian Market

April 18, 2019 at 2:27 AM

Ford Motor Co. and Mahindra & Mahindra Ltd. have agreed to co-develop a midsize SUV to sell in India and emerging markets.

Mitsubishi Aims to Double U.S. Sales

April 17, 2019 at 2:11 PM

Mitsubishi Motors Corp. plans to double its U.S. sales in coming years through the introduction of new vehicles and expanding its dealer network.

Nissan Scraps “Office of the CEO” Team

April 17, 2019 at 12:00 AM

Nissan Motor Co. has dismantled an inner group of senior staffers that supported its CEO, Bloomberg News reports.

Nidec Buys Omron Automotive Electronics

April 16, 2019 at 10:21 AM

Nidec Corp. has agreed to acquire Omron Corp.’s Automotive Electronics unit. Both companies are based in Japan.

BMW Denies Plan to Develop Small Car with Daimler

April 16, 2019 at 3:08 AM

BMW AG says it does not intend to partner with Daimler AG to collaborate on a small car that would be sold by each company under its own brand.

China EV Startup Vows to Stop Poaching from Rivals

April 16, 2019 at 1:31 AM

China’s Xpeng Motors says it will stop hiring staff from competitors after two prospects were accused of stealing secrets from their former U.S. employers.

Report: Talks End Between GM, Rivian Electric Truck Startup

April 12, 2019 at 10:28 AM

Talks about a major investment by General Motors Co. in electric truck developer Rivian Automotive LLC appear dead, sources tell Bloomberg News.

Renault, Nissan Open Mobility Research Center in China

April 12, 2019 at 9:58 AM

Renault SA and Nissan Motor Co. have created a 50:50 joint venture in Shanghai to develop next-generation technologies and new mobility services.

Benteler, Freudenberg Partner on EV Products

April 11, 2019 at 3:46 PM

Germany’s Benteler International AG and Freudenberg SE’s Vibracoustic unit are partnering to develop products and services to support electric-car programs.

JAC Motors: No Formal Partnership Talks with VW

April 11, 2019 at 11:37 AM

JAC Motors has deflected reports that the Chinese company and Volkswagen AG are discussing a possible equity investment by the German carmaker.

VW May Buy Large Stake in Chinese EV Partner

April 10, 2019 at 11:32 AM

Volkswagen AG is mulling a plan to buy a major stake in Chinese electric-car maker Anhui Jianghuai Automobile Group, sources tell Bloomberg News.

CEO Hackett: “Just Trust Me” on Ford Overhaul

April 10, 2019 at 12:00 AM

Ford Motor Co. CEO Jim Hackett vows the company’s efforts to improve its performance will become evident this year.