- Volkswagen starts battery cell development and production in Salzgitter – Just-Auto: The Volkswagen Group has begun development, testing and production of battery cells technology in Salzgitter, Germany, where it plans to create 1,000 jobs by 2023/2024.
- Hyundai Motor Group, Aptiv to set up $4 billion self-driving JV – Reuters: South Korea’s Hyundai Motor Group and Dublin-headquartered auto technology firm Aptiv (APTV.N) said on Monday they are …
- California Courts Could Set Speed Limit on Uber’s Valuation – Wall Street Journal: Uber ‘s valuation might now be in the hands of California’s courts. Earlier this month, the state’s Assembly and Senate passed a bill that might affect …
- As UAW strike enters second week, losses growing for workers, GM and the nation – Freep: Besides the lost investment and production, a longer strike will worsen fears of a recession already being stoked by trade tensions with China.
- Hyundai to Set Up $4 Billion Joint Venture to Develop Driverless Cars – Bloomberg: Hyundai to Set Up $4 Billion Joint Venture to Develop Driverless Cars … up a $4 billion joint venture with Aptiv Plc to develop autonomous vehicles.
- Wuhan Steps Up China’s Robocar Push With License for Baidu – Bloomberg: Internet giant Baidu Inc. got a license for five of its self-drive cars, while … The city gave licenses to SAIC Motor Corp., BMW AG and ride-hailing …
- SoftBank’s Eyes Wide Shut Just Won’t Work Anymore – Washington Post: So SoftBank kept pouring in more money, just as it did with other great startups like Uber Technologies Inc., Didi Chuxing and Slack Technologies Inc.
- Frankfurt show’s visitor plunge could mean its end – Automotive News: Automakers demonstrating their growing commitment to decarbonizing their fleets with new electric models such as the Porsche Taycan, Opel Corsa-e …
- Low demand prompts Nissan to close Indonesia plant – Just-Auto: Nissan Motor ceased production at one of its two plants in Indonesia earlier this year in response to a sharp fall in local demand for the brand, according to local reports.
- Land Rover to sponsor US Olympic teams – Automotive News: Land Rover will sponsor the American Olympic ski and snowboard teams in a bid to raise the brand’s awareness among sports audiences.
- SUV concept teases Mitsubishi’s plans – Automotive News: Mitsubishi plans to build a product strategy around electrification and will offer a glimpse next month at the Tokyo auto show when it unveils …
- It’s a mess you can count on – Automotive News: Then Ford and FCA will have to decide whether they want to duplicate the GM package or go their own ways. In this world, nothing is certain, so it is …
- UAW, GM dig in for long haul – Automotive News: With no quick resolution in sight, both sides spent last week digging in for what could become a battle of attrition between union members whose pay and insurance have been cut and an automaker whose dealer body and supplier network have begun feeling squeezed.
- Strike slows the flow of GM’s replacement parts – Automotive News: Some General Motors customers with broken, recalled and accident-damaged cars may already be feeling the effects of the UAW strike as replacement parts …
- BMW Europe introduces electrified 5 Series – Autocar: BMW is working hard to expand its electrified line-up, with the European arm … We’ve contacted BMW NZ to see if the mild hybrid 5 series models will …
- GM Strike Heads Into a Second Week – Wall Street Journal: The United Auto Workers strike at General Motors Co. is heading into its second week as union and company bargainers face unresolved issues …