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PSA Opens $627 Million Assembly Plant in Morocco
6/21/2019PSA Group has officially opened a €555 million ($627 million) assembly plant near Rabat, Morocco.
White House Rejects Last Pleas on Fuel Economy Rules
6/21/2019The Trump administration appears determined to freeze vehicle fuel economy standards this summer, after shrugging off dire consequences predicted by the auto industry.
Nissan Demos Electric Ice Cream Truck
6/20/2019Nissan Motor Co. demonstrated a prototype electric ice cream truck this week in London as part of the U.K.’s Clean Air Day.
Report: Hyundai to Partner with Aramco on Hydrogen
6/20/2019Hyundai Motor Co. and Aramco, the world’s largest oil company, will launch a broad partnership next week to develop hydrogen-based businesses, sources tell The Korea Herald.
Porsche Tests Insurance for U.S. Customers
6/20/2019Porsche AG is offering its own insurance for customers in Illinois and Oregon through a plan that touts a low base price and rates based on actual miles driven.
Bank of England Expects No Growth for U.K. in 2Q
6/20/2019The Bank of England has trimmed its growth forecast for Britain’s economy in the current quarter to zero from 0.2%.
New Kia Crossover Breaks Cover
6/20/2019Kia Motors Corp. took the wraps off the all-new Seltos compact crossover today in Delhi, India.
Renault Backs Nissan’s Management Reforms
6/20/2019Renault SA says it supports a Nissan Motor Co. offer to give it greater presence in the Japanese carmaker’s proposed new management oversight committees.
Baidu Touts Camera-Only System for Autonomous Cars
6/20/2019China’s Baidu Inc. says its new Apollo Lite platform can enable Level 4 autonomous driving with 10 cameras and no radar or lidar.
Pininfarina Moves Forward with Electric Hypercar
6/20/2019Automobili Pininfarina, which was founded last year by Mahindra & Mahindra’s Pininfarina unit, has unveiled an updated version of the company’s upcoming Battista hypercar.