Gestamp expects the expanding trend of automakers’ outsourcing to suppliers will continue to help the Spanish metal parts supplier.
German postal services group Deutsche Post has hired Goldman Sachs to evaluate options for its electric van business, StreetScooter, as it seeks to expand the unit and tap an expected surge in demand, Reuters reported.
Apple has kept tight wraps on its ambitions for self-driving cars, declining to acknowledge them at all publicly until it wrote a letter to U.S. transportation regulators in late 2016 urging them not to restrict testing of the vehicles.
Daimler and Robert Bosch plan to deploy self-driving taxis in California’s Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two companies said.
Fully digital screens are replacing speedometers and dials in vehicles, making industry leader Japan Display optimistic about boosting sales to global automakers.
Cooper-Standard, in a move to diversify beyond the auto industry, said it agreed to a pair of rubber and plastics parts units from Lauren International. Terms were not disclosed.
A trade association argues that Section 232 of the 1962 Trade Expansion Act is unconstitutional because it allows the president unlimited ability to restrict trade on national security grounds and Congress can’t delegate away all its powers without…
Nissan and Italdesign have teamed up to create a special prototype of the GT-R to celebrate the 50th anniversaries of the design studio and Nissan’s halo model.
Increased trade barriers between Europe and the U.S. would be a “significant” threat to ZF, the supplier’s CEO Wolf-Henning Scheider said, calling for negotiators to reach an agreement to prevent a trade war.
Google’s self-driving affiliate, Waymo, will need “a large number” of cars to expand its robotaxi service to Europe, CEO John Krafcik said. Waymo is talking with automakers about its plans, he said.