Yandex's profile may be overshadowed by the likes of Waymo and traditional automakers in the United States, but the Russian company has global ambitions for its AV technology. Next up: Motor City test drives.
Chinese authorities believe their best bet to stop the coronavirus from further spreading is to keep employees out of their factories and offices.
The lawsuit, filed Friday in New Jersey State Superior Court, alleges that the program would create an illegal two-tier pricing program. Lincoln reworked the program last year in an attempt to appease unhappy dealers.
Article 31 charges would strip the accused of most union benefits, although the union does not have the power to terminate their pensions.
The automotive seating supplier's quarterly earnings before interest, taxes, depreciation and amortization improved to $297 million from $176 million in the year-ago period. Shares surged 33 percent.
All seven employees, five Germans and two Chinese, had taken part in various long meetings at company headquarters in Stockdorf, Bavaria.
Duncan Movassaghi will take over as executive vice president, sales and marketing for the Volkswagen brand in the U.S. effective Feb. 3. The job had belonged to Derrick Hatami, who left VW in August.
Jaguar Land Rover's departing CEO, Ralf Speth, presided over the longest profit streak in the automaker's history, but he also pushed an aggressive growth plan that overstretched the company just as it was hit by global headwinds.
BMW has developed three generations of the Mini since buying the marque from Rover Group in 1994, keeping each vehicle in the market for about six years.
For full-year 2019, Gentex said its net income fell 3 percent to $424.7 million, driven by lower vehicle production levels, increased tariffs and the impact of the GM strike.
The adjustment follows similar last-minute moves made by other advertisers. Hyundai-owned Genesis edited its ad after it was released to remove a helicopter.
The coronavirus epidemic that has engulfed China is likely to disrupt the country's auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, analysts and industry executives believe.
The launch of the all-electric Lagonda marque, due in 2022, has been stalled for three years while development of the Rapide E, the main brand’s first electric model, is under review despite being almost complete.
Adient's sale of the specialty seating business comes as the company works to restore profitability and focus on core operations.
Volkswagen Group offered to buy the rest of Navistar International for about $2.9 billion, a deal that would address the German manufacturer’s absence from the U.S. heavy-truck market.
Under German environmental regulations, the project could be delayed by nine months unless work begins before the breeding period for local wildlife this spring, the region's economy minister told the newspaper Handelsblatt.
COO Alisyn Malek will leave her position with the company at the end of this week, but will retain an advisory role. Her departure follows the exit of former chief technology officer Steve Vozar. Both are co-founders.
The automaker reported an operating loss of 6.6 billion yen ($60.5 million) as slackening demand in key markets such as Japan, China and Southeast Asia undercut returns. Alliance partners Renault and Nissan are under similar pressure from volatile sales and slumping profits.
Stroll will take an initial 17 percent stake in Aston Martin and become its executive chairman as the ailing automaker raises funds after a sales drop put pressure on its finances.
Longtime company insider Daniel Clara, 40, was appointed to the position effective Jan. 29. He replaces John Hartman, a 30-year industry veteran who held the position for just more than two years before leaving Asbury earlier this month.
Trump's visit to Dana's plant near Detroit was his second to Michigan in about six weeks. The president, as expected, touted the long-negotiated USMCA trade agreement, which he signed Wednesday at a ceremony in Washington.
Volkswagen Group offered to buy the rest of Navistar International for about $2.9 billion, a deal that would address the German manufacturer’s absence from the U.S. heavy-truck market, Bloomberg reported, citing people familiar with the matter.
The UAW said GM's subpoena on Jan. 15 asked the union to produce documents and electronically stored information responsive to 36 demands. The union contends the subpoena "will consume a substantial amount" of its resources.
Startup accelerator Techstars Detroit, backed by several major automotive companies, is closing its operations after five years in the city.
