Goodyear to Sell Dunlop Tire Brand to Japan’s Sumitomo
WASHINGTON — U.S. tire company Goodyear will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries, the company announced Jan. 7.
Aurora Partners With Nvidia, Continental on Driverless Trucks
SANTA CLARA, Calif. — Autonomous tech company Aurora announced a long-term strategic partnership with Continental and Nvidia to deploy driverless trucks at scale, powered by Nvidia Drive.
Hapag-Lloyd Profitable Despite Global Downturn
HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.
Daimler Truck Says It’s Reviewing China Operations
BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.
German Shipping Giant Hapag-Lloyd Posts Higher Profits
HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.
Hyundai Nexo SUV Recalled Over Potentially Explosive Leak
Hyundai is recalling its hydrogen-powered Nexo SUV model in the United States for a fix after safety watchdogs warned of a potentially explosive fuel leak.
Sluggish Global Economy Weighs on Germany’s DHL in Q2
FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.
German Agency OKs Volkswagen’s Plans to Buy Rivian Stake
BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.
Ford Recalls Over Half a Million 2014 F-150 Pickup Trucks
NEW YORK — Ford Motor Co. on June 25 issued a recall for over half a million F-150 pickup trucks from the year 2014.
VW to Test Driverless ID Buzz Van With Passengers on Board
HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.