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Renault Refuses to Cut 43% Stake in Nissan
6/20/2019Renault CEO Thierry Bollore says the company has no intention of reducing its 43% holding in alliance partner Nissan Motor Co.
Lexus Standardizes Safety Tech Across 2020 Lineup
6/20/2019Toyota Motor Corp.’s Lexus unit is standardizing its "Safety System+" suite of technologies across all 2020 cars and SUV/crossovers sold in the U.S.
Waymo Teams with Renault-Nissan in France and Japan
6/20/2019Alphabet Inc.’s Waymo unit has signed deals with alliance partners Renault SA and Nissan Motor Co. to explore driverless mobility services in France and Japan.
Fed Leaves Interest Rates Unchanged, For Now
6/20/2019The Federal Reserve voted late Wednesday to leave its benchmark lending rate unchanged at 2.25%-2.5%. But the central bank also signaled strongly that it will lower the rate later this year if the economic outlook dims.
U.S. Trade Chief Predicts Quick Solution on NAFTA Update
6/20/2019U.S. Trade Representative Robert Lighthizer says he can easily resolve concerns Democrats have over the proposed successor to the North American Free Trade Agreement.
Singh Named CEO of BMW India
6/19/2019BMW AG has appointed Rudratej Singh as the president and CEO of the company’s operations in India, effective Aug. 1.
UAW to Oppose Trump Plan to Freeze Emission Limits
6/19/2019The United Auto Workers union is scheduled to testify tomorrow that it opposes the Trump administration’s plan to freeze fuel economy standards at 2020 levels.
BMW Pulls the Plug on Compact MPVs
6/19/2019BMW AG doesn’t plan to produce successors to the 2 Series Active Tourer or Gran Tourer compact MPVs after the first-generation models are phased out.
Hyundai Brands Top J.D. Power Quality Ratings Again
6/19/2019Hyundai Motor Co. and its Genesis and Kia brands swept the top three spots in J.D. Power’s Initial Quality Study for the second consecutive year.
GM Continues Effort to Avoid Takata Airbag Recall
6/19/2019General Motors Co. is hoping for the fourth consecutive year to be excused from recalling more than 6 million vehicles fitted with Takata airbag inflators that could explode in a crash.