US Environmental Protection Agency Agency says Barack Obama’s timeline set standards ‘too high’ in move that could lead to legal showdown with California Current EPA regulations require vehicles to get 36 miles per gallon by 2025 – 10 miles per gallon over the existing standard. Photograph: Bloomberg/Bloomberg via Getty Images US environmental regulators announced on… Continue reading EPA announces easing of car and truck emissions standards
Tag: M and A
Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together
News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market
Please click HERE for a PDF version of the release. Deal signed with Guangzhou Automobile Group Co., Ltd. (GAC) subsidiary Enables mass production of composite liftgates for fast-growing market Further expands Magna’s China footprint SHANGHAI, China, April 02, 2018 (GLOBE NEWSWIRE) — As the market for crossovers and sport utility vehicles continues to grow in… Continue reading News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market
Nissan Leaf refurbished batteries offered for older electric cars, in Japan
Follow John 2013 Nissan Leaf, Nashville area test drive, April 2013 Enlarge Photo With more than 300,000 Nissan Leaf electric cars on the road, some more than six years old, battery degradation is becoming more and more of an issue. The different rates of capacity loss are a topic of much discussion among Leaf owners,… Continue reading Nissan Leaf refurbished batteries offered for older electric cars, in Japan
China-backed EV Maker SF Motors Unveils Two Models For US Production
The list of China-backed electric vehicle (EV) manufacturers operating in Silicon Valley has a new member, as SF Motors unveiled two new EV models at a launch event in California last week. This newcomer is a subsidiary of Shanghai Stock Exchange-listed China Chongqing Sokon Industry Group Co., Ltd., which produces mini trucks, mini buses, multi-purpose… Continue reading China-backed EV Maker SF Motors Unveils Two Models For US Production
Motherson to acquire Reydel Automotive Group for $201m
Motherson Sumi Systems Ltd (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its subsidiary Samvardhana Motherson Automotive Systems Group (SMRP BV), has announced the proposed acquisition of Reydel Automotive Group (Reydel), a privately held portfolio company of Cerberus Capital Management (Cerberus) that manufactures interior components and modules for global automotive customers. The… Continue reading Motherson to acquire Reydel Automotive Group for $201m
Ford and Datang trial C-V2X connected car technology in Shanghai
In support of a growing global connectivity initiative, Ford and Datang have successfully conducted Cellular Vehicle-to-Everything technology (C-V2X) trials in China. C-V2X is a wireless communication technology that has the potential to play a key role in the future of advanced connectivity, and improve automotive safety, automated driving and traffic efficiency around the world. The… Continue reading Ford and Datang trial C-V2X connected car technology in Shanghai
MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
All articles and backgrounds 03/29/2018 MAN, Scania, VW Commercial Vehicles VW Truck division steers towards IPO [M] PR Volkswagen According to insiders, in the coming weeks formal requirements for a initial public offering create its Commercial Vehicle division Truck & Bus. The division should then be transformed into a capital marketable company such as an… Continue reading MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
The Geely Effect – From the Mouths of Proton Dealers
PRESS The Geely Effect – From the Mouths of Proton Dealers Posted on Apr 02, 2018 Subang Jaya, 2 April 2018 – It is human nature to doubt someone before you really get to know them so it was understandable that not every PROTON dealer was convinced about the partnership with Geely. However, a visit… Continue reading The Geely Effect – From the Mouths of Proton Dealers
Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019
Toyota Motor Corporation (Toyota) announces plans to merge its Tokyo sales companies on April 1, 2019.The companies to be merged are TOYOTA Tokyo Sales Holdings Inc. (TSH), a wholly-owned subsidiary of Toyota, and the four TSH subsidiaries, Tokyo Toyota Motor Co., Ltd., Tokyo Toyopet Motor Sales Co., Ltd., Toyota Tokyo Corolla Co., Ltd., and Netz… Continue reading Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019