Renault-Nissan alliance invests in Chinese self-driving startup WeRide
WeRide, led by founder Tony Han, is pursuing what is known in the auto industry as a Level 4 autonomous standard.
Mazda to idle production at Japanese plant in July due to chip shortage
The plant in southwest Japan will halt production between July 5 and 9 as well as July 12 and 16.
Carlyle, Bain submit bids for $5.8B stake in supplier Hanon Systems, report says
The stake in Korea’s Hanon has been put up for sale by local private equity firm Hahn & Co. and Hankook Tire.
Audi's move to become an all-EV brand excludes China
Audi will phase out the production of internal combustion engines by 2033, but could build some models locally in China after this date.
Prosecutors seek records from Reynolds and Reynolds, executives ahead of Brockman hearing
A competency hearing for former Reynolds and Reynolds CEO Bob Brockman has been scheduled for September to determine whether he can assist in his defense against federal tax fraud charges.