News

GM bets on 3D printers for cheaper and lighter parts

03 May 2018, 08:00
GM said it was working with design software company Autodesk to manufacture lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its lineup.

VW weighs spin-offs of non-core assets

03 May 2018, 08:00
VW is pondering spin-offs of non-core assets such as motorcycle maker Ducati and transmissions maker Renk, as the automaker seeks to boost its efficiency and become more nimble.

VW will get 'clear moral compass,' new CEO promises shareholders

03 May 2018, 08:00
VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said. VW also is pondering spin-offs of non-core assets.

Investment firm opposes key nominees for VW board

02 May 2018, 08:00
The reelection of the Porsche-Piech clan's leader and the appointment of a marketing expert to Volkswagen Group's supervisory board are being opposed by investment advisory firm Hermes EOS.

Tesla sued by truckmaker over alleged design patent violation

02 May 2018, 08:00
Tesla is being sued by Nikola Motor, which makes hydrogen-powered semi-trucks, in a lawsuit alleging design patent infringements.

Daimler has plan in case new Chinese shareholder turns hostile

02 May 2018, 08:00
Daimler has a back-up plan in place to protect itself from any unsolicited takeover bid should its new Chinese investor, Li Shufu, turn unexpectedly hostile.

Lear workers at Ontario plant reject tentative deal by huge margin

02 May 2018, 08:00
Lear workers in Ajax, Ontario, widely rejected a tentative labor deal, prolonging a strike at a facility that supplies seats to a nearby Fiat Chrysler plant.

Automakers, suppliers team up to develop blockchain technology

02 May 2018, 08:00
GM, BMW, Renault, Bosch, ZF and IBM have formed a consortium to develop automotive uses for blockchain, the database technology known for its use in cryptocurrency.

Jeep propels FCA to 5% gain

01 May 2018, 08:00
FCA US posted a 5 percent gain in U.S. sales last month behind a surge in volume at Jeep. Deliveries slipped 4.7 percent at Ford behind lower car sales.

White House delays steel, aluminum tariffs until June

01 May 2018, 08:00
The United States said it would delay until June 1 import tariffs of 25 percent on steel and 10 percent on aluminum for the EU, Mexico and Canada.
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