Eaton’s New eMobility Business

Earlier this year Eaton Corp. combined products, expertise and manufacturing capabilities from its Electrical and Vehicle groups to create a 1,200-employee business called eMobility.

CEO of Leasing Startup Fair Inc. Steps Down

October 31, 2019 at 3:34 PM

Scott Painter, who founded short-term leasing company Fair Inc. in 2016, has resigned as CEO but will remain as chairman.

Porsche Confirms 911 Manual Gearbox Option

October 31, 2019 at 1:46 PM

Porsche AG is introducing a 7-speed manual transmission option on its flagship 911 sports car.

Uber Forms Robo-Taxi Board

October 31, 2019 at 11:49 AM

Uber Technologies Inc. has created a Self-Driving Safety and Responsibility Board to oversee the company’s Advanced Technology Group.

FCA, PSA Confirm Plan to Merge in 50:50 Deal

October 31, 2019 at 11:28 AM

Fiat Chrysler Automobiles NV and PSA Group have detailed plans to merge into a new company owned 50:50 by shareholders of the Italian and French carmakers.

Fisker Names Upcoming EV “Ocean”

October 31, 2019 at 9:31 AM

California-based electric vehicle maker Fisker Inc. has christened its first model, which will be unveiled in January, the Ocean.

Transmissions for German OEMs

By: Gary S. Vasilash - October 31, 2019 at 8:46 AM

There is hope for the manual—but hybrids are gaining more traction.

Hyundai Hires Nissan Exec to Head Mexican Unit

October 31, 2019 at 2:50 AM

Hyundai Motor Co. has named Claudia Marquez to take over as CEO of its Mexico unit on Nov. 1.

Hitachi, Honda Merge 4 Partsmaking Units

October 30, 2019 at 4:17 PM

Hitachi Ltd. and Honda Motor Co. are creating a new company that combines four of their automotive and motorcycle components businesses.

Lyft Readies More Affordable Subscription Service

October 30, 2019 at 3:48 PM

Lyft Inc. is introducing a revamped subscription service to replace its pricey All-Access Plan that offers discounts and other perks to frequent riders.

FCA, PSA Confirm Merger Talks; Deal Near?

October 30, 2019 at 3:20 PM

Fiat Chrysler Automobiles NV and PSA Group confirm they are discussing a possible merger. Reports say a deal could be announced on Thursday.

Mahindra Buys Out Peugeot Motorcycles

October 30, 2019 at 1:52 PM

A European subsidiary of India's Mahindra & Mahindra Ltd. has agreed to buy the remaining 49% of Peugeot Motorcycles it didn’t already own.  

GM Expands Senior Management Roles

October 30, 2019 at 12:24 PM

General Motors Co. is expanding the role of its president and promoting executives in product development and purchasing, effective Nov. 1.