Volkswagen’s commercial vehicles division is eager to enter the U.S. heavy truck market, and it just found a partner to help pull it off.
Volkswagen Truck & Bus has announced it will buy a 16.6 percent stake in U.S. truck maker Navistar International Corp., a share buy worth $256 million. Both companies hope to save money (and make more of it) through the technology-sharing deal, with joint products on the horizon. Read More >
To bastardize an old Dodge slogan, if you’re willing to devote your life to sustainable driving and ditch your electricity provider, you could be Tesla material.
The electric automaker announced a deal with solar company SolarCity today — an all-stock agreement worth $2.6 billion. Acquiring the nation’s largest rooftop solar provider gives Tesla CEO Elon Musk the top-to-bottom green company he always wanted, but it opens the company up to new risks. Read More >
If sales and service reviews were gold, Cars.com will soon the the richest third-party shopping website in all the land.
Mazda is closing the door on its relationship with Ford and opting to partner with Isuzu for its next-generation pickup trucks.
The automaker announced a new agreement today that will see Isuzu build its next pickup model, bound for everywhere but North America. The two companies previously collaborated on a pickup solely for the Japanese market. Read More >
You can forget about ever buying a new car with the Saab name attached. That’s right, Swedeophiles, the name that conjures up happy memories of a quirky-but-attainable brand that hated column-mounted ignitions is officially dead.
National Electric Vehicle Sweden AB (NEVS), the Swedish holding company that bought up Saab Automobile’s assets in a 2012 bankruptcy sale, just announced it won’t sell any vehicles under the Saab name.
There won’t be a Swedish Spring after all. Not even in China. Read More >
A top Nissan executive is packing his bags and getting ready to take on Mitsubishi’s shadowy and scandal-prone technology arm.
Yesterday’s reports proved true, with Mitsuhiko Yamashita, Nissan’s chief technology adviser, announced today as Mitsubishi’s new head of research and development. He will take on the position starting June 24.
There’s a tough job waiting for Yamashita. Read More >
It looks like the fling between Google and Fiat Chrysler Automobiles will end up being a brief affair.
Really, it doesn’t mean anything, Google wants other companies to know. Just two self-driving Pacificas passing in the night. Read More >