Report: Ghosn to Be Indicted Next Week

December 07, 2018 at 2:48 AM

Former Nissan Motor Co. Chairman Carlos Ghosn will be indicted for grossly underreporting his compensation as soon as Monday, sources tell Reuters.

Vehicle Sales Grow 10% in Russia

December 07, 2018 at 2:21 AM

Demand for passenger cars and light commercial vehicles in Russia rose 10% to 167,500 units, the Moscow-based Assn. of European Businesses reports.

Hyperloop Company Forms JV with German Logistics Firm

December 06, 2018 at 4:30 PM

Los Angeles-based Hyperloop Transportation Technologies Inc. has formed a joint venture with a German logistics firm to develop high-speed hyperloop technology to transport shipping containers.

Opel to Launch Three EVs by 2020

December 06, 2018 at 1:21 PM

PSA Group’s Opel unit says it will introduce all-electric variants of three models by 2020, starting next year with the Corsa subcompact hatchback.

Fiat Panda Flunks European Safety Test

December 06, 2018 at 11:39 AM

The 2018 Fiat Panda minicar received a zero-star rating from the European New Car Assessment Program’s latest assessment—joining the 2017 Fiat Punto as the only vehicles to score so poorly.

VW Accelerates Profit and Cost-Cutting Efforts

December 06, 2018 at 10:00 AM

Volkswagen AG's namesake brand aims to “significantly improve” its earnings in coming years through aggressive cost-cutting to help finance rising investments in emerging technologies.

Tesla Model 3 Debuts in Europe at €56,000

December 05, 2018 at 5:39 PM

Tesla Inc.’s Model 3 electric sedan is being priced in Europe at roughly €59,000 ($75,100). Tesla is displaying the Model 3 (pictured) in Europe and will begin taking orders for the car this month.

FCA to Idle 3,200 Workers at Mirafiori Plant

December 05, 2018 at 4:31 PM

Fiat Chrysler Automobiles NV says 3,200 employees at its Mirafiori plant will work halftime through 2019 while the facility retools to make electric cars.

Aston Martin Electrifies Classic Cars

December 05, 2018 at 2:38 PM

Aston Martin Lagonda Ltd. has developed a conversion kit to retrofit its classic cars with electric powertrains.

Partners Test Repurposed Volvo Electric Bus Batteries

December 05, 2018 at 10:48 AM

Truckmaker AB Volvo has launched a pilot program in Gothenburg, Sweden, that uses repurposed batteries from electric buses to help power a new apartment complex.

Daimler May Hike Stake in BAIC Venture

December 05, 2018 at 1:41 AM

Daimler AG reportedly is pondering a move to increase its 49% stake in a carmaking venture with China’s BAIC Motor Corp. to at least 65% in 2022.

Toyota Drops Funding for Germany Anti-Diesel Group

December 05, 2018 at 1:11 AM

Toyota Motor Corp. has dropped financial support for a German anti-diesel group in response to complaints that it sponsorship helped to promote sales of its own gasoline hybrid cars in Europe.