NEWS

Michigan R&D Program Targets Israeli Startups

6/14/2019

As part of its PlanetM mobility initiative, the Michigan Economic Development Corp.  has created a new program to attract Israel-based tech startups to test emerging technologies in Michigan.   

Growth in China’s Industrial Output at 17-Year Low

6/14/2019

The pace of industrial output in China slumped in May to its slowest pace in 17 years, according to National Bureau of Statistics.

Florida Okays Autonomous Vehicles with No Drivers

6/14/2019

Florida has enacted a law that allows fully autonomous vehicles to be operated on public roads with no human driver on board.

Trump, Trudeau to Discuss Trade Pact Next Week

6/14/2019

Canada Prime Minister Justin Trudeau will meet with President Donald Trump on June 20 to discuss ratifying their countries’ updated trade deal with Mexico.

Growth in Car Sales Slows to 4% in Thailand

6/14/2019

Growth in new-car sales in Thailand slowed to 4% (88,100 units) in May, the Federation of Thai Industries reports.

FCA Partners with Two European Utilities on EV Charging

6/14/2019

Fiat Chrysler Automobiles NV has signed deals with multinational electric utilities Enel in Italy and Engie in France to set up charging stations for electric vehicles across Europe.

VW Targets €1.9 Billion in Traton Truck IPO

6/14/2019

Volkswagen AG says it hopes to raise nearly €1.9 billion ($2.1 billion) by selling 10% of its Traton AG commercial truck unit in an initial public offering that begins on Monday.

Vietnam Launches Its First Domestic Car

6/14/2019

Vietnam’s Vingroup conglomerate has begun production of the country’s first domestically produced auto brand, VinFast.

SAIC’s Sales Plunge 16% in China

6/13/2019

China’s SIAC Motor Corp. reports its retail sales shrank 16% to 480,900 units last month.

UAW Vote at VW's Chattanooga Plant Wraps Up on Friday

6/13/2019

Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., will finish a vote on Friday about allowing the United Auto Workers union to represent them.