NHTSA finalizes rule allowing adaptive driving beam headlights on new vehicles
The rule — signed Feb. 1 by Deputy Administrator Steven Cliff — satisfies a requirement in the bipartisan infrastructure law passed by Congress last year.
BorgWarner to buy Chinese electric motor business as headwinds hit Q4 bottom line
BorgWarner’s fourth-quarter revenue fell 7 percent from a year ago to $3.65 billion, while adjusted operating income plunged 16 percent to $375 million.
GM to restart Chevy Bolt production in April after battery-fire recall
Production of the electric vehicle has been idled for nearly six months — the longest known safety-related assembly halt in General Motors history.
Elon Musk donated $5.7 billion of Tesla shares to charity
The donation occurred as Musk sparred with politicians including Bernie Sanders and Elizabeth Warren over inequality and a proposed wealth tax.
Key supplier Marelli is in talks with lenders on debt reorganization, report says
The supplier, previously owned by Fiat Chrysler Automobiles, carried at least $9.5 billion in total debt as of September, sources told Bloomberg. Marelli is the world’s 18th largest auto supplier.