Waymo claims former employee stole self-driving tech secretsThu, 23, Feb 2017
Waymo, in a lawsuit filed Thursday in California, claims Anthony Levandowski downloaded 14,000 files before leaving to start his own company, Otto, which was later bought by Uber. The suit is the latest sign that the battle over dominance in autonomous vehicle development is heating up.
VW exec Schmidt pleads not guilty, but must stay behind bars, judge saysThu, 23, Feb 2017
Volkswagen executive Oliver Schmidt will remain behind bars as an extreme flight risk even after not-guilty pleas were entered on his behalf during his arraignment Thursday in U.S. District Court in Detroit.
Ghosn hands Nissan reins to cost-focused lieutenantThu, 23, Feb 2017
Nissan names Saikawa CEO, president; Ghosn to remain chairmanWed, 22, Feb 2017
Carlos Ghosn, the long-serving chief executive who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi. Hiroto Saikawa, who currently serves as co-CEO, will become sole chief executive.
Tesla's cash burn raises concerns on Wall StreetThu, 23, Feb 2017
Visteon builds on electronics segment gains in Q4Thu, 23, Feb 2017
Tesla loss narrows to $121 million in Q4Wed, 22, Feb 2017
Tesla reported a net loss of $121.3 million in the fourth quarter as the company prepared to launch Model 3 output. Revenue surged 88 percent to $2.3 billion in the fourth quarter behind a rise in vehicle sales.
PSA takes first steps to U.S. market entry with ride-sharing serviceThu, 23, Feb 2017
PSA will be a partner in TravelCar, a ride-sharing service set to begin in April at airports in San Francisco and Los Angeles, as the automaker takes the first steps toward re-entering the North American market.
VW board expected to support Audi's Stadler despite criticism over scandalThu, 23, Feb 2017
Audi CEO Rupert Stadler is expected to win the backing of top officials at the carmaker and parent company Volkswagen Group this week, despite criticism of his handling of the group's emissions scandal, two sources close to the matter said.
PSA could sell Opel cars outside of EuropeThu, 23, Feb 2017
PSA's Tavares says Opel deal would find 'speedy' savingsThu, 23, Feb 2017
PSA's proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said. PSA could attract new customers currently reluctant to buy French cars, while generating savings from shared technical underpinnings, he said.