Author: Automotive News n Feed
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Fire at Recticel’s Czech plant may impact suppliers globally
A serious fire at Recticel’s factory in Most, Czech Republic, has forced the company to halt production of a urethane auto interior skin product used by global auto suppliers.
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First Shift: Judge OKs $1.2B payout for VW dealers
Judge OKs $1.2B for VW dealers; A Ford parts brand for non-Ford vehicles; Mahle, Bosch to sell venture; MandA deals on hold post-Trump?; Dealer survey: Fewer makeovers, more hiring.
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Paris introduces color-coded stickers to reduce car pollution
Paris launched a new color-coded sticker scheme to restrict diesel car use in its latest attempt to reduce air pollution many citizens blame for coughing fits, eye irritation and runny noses.
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Audi workers threaten strike at A3, TT plant in Hungary
Audi workers at a plant in Hungary that builds the A3 and TT have set up a strike committee to push for higher salaries. It is the latest sign of how labor shortages in the country are driving up wage expectations.
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Volvo appoints Yuan Xiaolin as new Asia chief
Volvo named Yuan Xiaolin to succeed Lars Danielson as senior vice president of the company’s Asia-Pacific operations, effective March 1.
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Better-connected 5 series gets tech from BMW flagship
BMW has made its 5 series lighter, more economical and fully connected with advanced technology first introduced in its 7-series flagship as the automaker aims to advance sales of its second most popular model after the 3 series.
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VW’s $1.21 billion emissions settlement with U.S. dealers OK’d by judge
U.S. District Judge Charles Breyer granted final approval to VW’s settlement worth up to $1.21 billion with 652 U.S. dealers over diesel emissions violations. VW’s dealers will receive an average of $1.
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AutoNews Now: Trade deal out; Trump, D3 CEOs to meet
Trump quits trade pact, plans meeting with Detroit 3 CEOs; One man’s fear, another’s hope; Musk’s quick pledge; Amazon parts push?; Super Bowl: Lexus gets moving, Hyundai taps stars.
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Bosch, Mahle to bail out of turbochargers JV
Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth.
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Trump to meet with Detroit 3 CEOs amid jobs push
President Donald Trump will have breakfast Tuesday with the CEOs of General Motors, Ford and Fiat Chrysler Automobiles as he pressures automakers to boost U.S. employment.