Category: Automotive

Dana Offers Superior Value to GKN Shareholders

MAUMEE, Ohio, March 27, 2018 /PRNewswire/ — With a pending deadline for GKN shareholders to determine the future of their company, Dana Incorporated (NYSE: DAN) outlines below why it firmly believes its proposed combination with GKN Driveline offers superior value to GKN shareholders.  Only this combination offers: Significant Shareholder Value Increased cash payment by 8.6… Continue reading Dana Offers Superior Value to GKN Shareholders

Nissan spins up new plant to give second life to EV batteries

NAMIE, Japan (Reuters) – At a small plant intended to help revitalize a town ravaged by the 2011 earthquake, Nissan Motor Co is giving its costly electric vehicle (EV) batteries new life after they pass their peak performance. FILE PHOTO: The logo of Nissan Motor Co is seen at its showroom in Tokyo, Japan February… Continue reading Nissan spins up new plant to give second life to EV batteries

GAC Motor Debuts at NADA: Building North American Dealer Network with Successful Dealer Gathering

LAS VEGAS, March 26, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, has made a great first impression with North American auto dealers with its successful debut at the National Automobile Dealers Association Show (NADA), showcasing a star lineup of best-selling vehicles, as well as holding a dealer gathering to draw interest in the company establishing a dealership… Continue reading GAC Motor Debuts at NADA: Building North American Dealer Network with Successful Dealer Gathering

Hyundai’s union says revised trade deal with U.S. “humiliating”

SEOUL (Reuters) – Hyundai Motor Co’s (005380.KS) South Korean labor union on Tuesday called Seoul’s revised free trade deal with the United States “humiliating”, and said the extended tariffs on pick-up trucks mean a missed opportunity to tap into the U.S. market. FILE PHOTO: A worker works at an assembly line of Hyundai Motor’s plant… Continue reading Hyundai’s union says revised trade deal with U.S. “humiliating”

Lincoln to launch ‘next chapter’ at NY show

Lincoln — like Ford’s Blue Oval — is in the midst of a lineup refresh. (Photo: Lincoln) Lincoln Motor Co. uses the New York auto show as its megaphone, and this year won’t be any different. The luxury automaker’s future is going to look a lot like what was outlined in the Ford Motor’s two-year… Continue reading Lincoln to launch ‘next chapter’ at NY show

Nissan: Nissan LEAF batteries to light up Japanese town

Streetlights in Namie to be powered by used batteries as part of `The Reborn Light’ project [embedded content] NAMIE, Japan – Nissan and its affiliate 4R Energy Corporation have teamed up with the town of Namie, Japan, to install new streetlights that will be powered by a combination of solar panels and used batteries from the… Continue reading Nissan: Nissan LEAF batteries to light up Japanese town

News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Please click HERE for a PDF version of the release. First BMW Group seat programs in Magna’s history Plant to expand, create additional jobs Magna’s fourth manufacturing plant in South Carolina AURORA, Ontario, March 26, 2018 (GLOBE NEWSWIRE) — For the first time in its history Magna will supply seats to the BMW Group. Company… Continue reading News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Arizona suspends Uber’s self-driving car testing after fatality

Uber Governor Doug Ducey tells Uber crash raises concerns about its ability to safely test technology Transport safety investigators examine a self-driving Uber vehicle involved in a fatal accident in Tempe, Arizona. Photograph: Reuters Arizona governor Doug Ducey suspended Uber’s self-driving vehicle testing on Monday following a pedestrian fatality in a Phoenix suburb last week.… Continue reading Arizona suspends Uber’s self-driving car testing after fatality

First self-driving train launches on London Thameslink route

Rail industry Rail company says system will not mean end of drivers, but will allow more trains A driver in a self-driving train after pressing the automatic train operation button on the service from St Pancras to Blackfriars in central London. Photograph: John Stillwell/PA Passengers have been carried across London by the first self-driving train… Continue reading First self-driving train launches on London Thameslink route