NEWS

Nissan CEO Faces Board Grilling on Home Purchase

6/24/2019

Nissan Motor Co. CEO Hiroto Saikawa faces questioning today about whether he violated corporate policy to buy a home in Tokyo, sources tell Bloomberg News.

Beijing Opens Bicycle Highway

6/21/2019

China has opened its first bicycle highway, a 4-mile road that connects Beijing’s Huilongguan residential area to its Shangdi industrial zone.

Labor Deal at Faurecia Plant Ends Brief Strike

6/21/2019

A tentative labor contract ended a nine-hour strike today at an interior trim plant in Michigan and averted likely production disruptions at Ford, FCA and Tesla.

Startup Byton Hires Ex-Ford Chief Engineer

6/21/2019

Chinese startup Byton Ltd. has hired Andy Ball to oversee project management for the company’s upcoming electric cars.

Porsche GT Models to Remain Piston-Only Power

6/21/2019

Porsche AG says it has no plans to offer hybrid or full-electric versions of its GT performance cars.

Russia’s Yandex to Test Autonomous Cars with No Drivers

6/21/2019

Russian internet and ride-hailing provider Yandex NV says it will begin commercial service in August with five self-driving cars that don’t have a backup driver on board, Automotive News reports.

SAIC to Assemble MG-Brand Cars in Egypt

6/21/2019

China’s SAIC Motor Corp. plans to both import and locally assemble MG-brand cars in Egypt.

Ghosn Loses Last Alliance Board Seat

6/21/2019

Mitsubishi Motors Corp. has dropped Carlos Ghosn from its board, severing his last management tie to the Renault-Nissan alliance he has led since its inception 20 years ago.

Ford Teases Racy GT Supercar Variant

6/21/2019

Ford Motor Co. has released the darkened image of a new variant of its GT supercar, which will be unveiled at next month's Goodwood Festival of Speed in the U.K.

Volvo Trucks Tests AI-Based Pedestrian Monitoring

6/21/2019

AB Volvo is testing artificial intelligence software that helps truck drivers identify the awareness and intentions of pedestrians and other road users.