NEWS

China Drops List of Preferred EV Battery Suppliers

6/24/2019

China has abolished its list of recommended suppliers of batteries for electric cars, a move that could open up the market to foreign producers.

Audi Reconsiders Plan to Kill TT Coupe

6/24/2019

Audi AG is rethinking its decision in May to phase out its iconic TT sports car, even if a successor isn't profitable.

Key Meetings May Revive Renault, FCA Merger Talks

6/24/2019

Whether Renault and Fiat Chrysler Automobiles revive merger talks could hinge on the outcome of two meetings this week over Nissan’s view of the deal, The Wall Street Journal says.

FCA Launches Telematics Services Platform

6/24/2019

Fiat Chrysler Automobiles NV is updating its Uconnect infotainment and telematics system so users can access third-party service providers.

Report: Velodyne Lidar Poised for IPO

6/24/2019

San Jose, Calif.-based Velodyne Lidar Inc. has hired bankers to evaluate a possible public stock offering as the company prepares to ramp up for mass production, Business Insider reports.

Porsche Recalls 99,700 Vehicles for Rollaway Flaw

6/24/2019

Porsche AG is recalling 99,700 sedans and SUVs in the U.S. that could roll away after drivers shift the transmission into Park.

PSA Tests Short-Term Subscription Service

6/24/2019

PSA Group's Free2move mobility unit has begun pilot tests of a vehicle subscription service in France.

France Launches New Probe into Ghosn’s Finances

6/24/2019

France has begun a tax investigation into the personal finances of Carlos Ghosn, former chairman of Renault, Nissan and Mitsubishi Motors, sources tell Liberation.

Mitsubishi Motors to Sell Stake in Chinese Engine Venture

6/24/2019

Mitsubishi Motors Corp. intends to sell its 15% stake in China-based Harbin Dongan Auto Engine Co. by March, according to The Nikkei.

Daimler Issues Third Profit Warning as Diesel Woes Grow

6/24/2019

Daimler AG says its operating earnings this year won’t grow after all because of ballooning regulatory costs related to diesel emissions.