WardsAuto OEM
WardsAuto Daily

MARCH 29, 2018

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GM Korea Ties Wage Freeze to Averting Bankruptcy

If the GM Korea branch of the Korea Metal Workers Union rejects the proposed freeze, the automaker will miss an April 20 deadline for submitting a restructuring and turnaround plan and will have no choice but to file for bankruptcy, GM International President Barry Engle has told union leaders.

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Tesla Taking It on the Chin; BMW & Daimler Merge Mobility Services; Cadillac Won’t Share New V-8

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New Kia K900, Refreshed Optima, Sedona Unveiled

2018 New York International Auto Show
The Korean brand says its second-generation flagship luxury sedan has been redesigned in every aspect, with only the name carrying over.

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VW Pickup Could Hinge on Export Potential

2018 New York International Auto Show
A VW executive makes clear a production version of the Tanoak is “definitely not decided” and says the automaker wants to gather feedback on the concept from its stint here at the New York show.

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Fifth-Gen Subaru Forester Revealed

2018 New York International Auto Show
A bigger wheelbase helps increase passenger and cargo room, while direct injection and a higher compression ratio boost the 2.5L boxer’s output.

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Hyundai Intros EV That Doesn’t Try to Look Like One

2018 New York International Auto Show
“People can say, ‘Boy, for not a whole lot more money, I can get into a CUV electric,’” says Chief Operating Officer Brian Smith, predicting the Kona EV’s expected popularity.

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VW’s Atlas Cross Sport Loses a Row, Gains EV Powertrains

2018 New York International Auto Show
VW pursues twin global goals of producing more SUVs and EVs with the New York show reveal of the 5-seat Atlas Cross Sport concept featuring two new hybrid powertrains headed for production.

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Hyundai Unwraps New Santa Fe, Tucson and Kona CUVs

2018 New York International Auto Show
The fourth-generation Santa Fe and new Santa Fe Diesel variant are the third and fourth of eight planned CUVs in the U.S., Hyundai says.

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Rolls-Royce, Tech Startup to Work on Better Battery

The supercapacitors under development may be able to charge much faster than lithium-ion batteries. This could see electric vehicles fully charged within a few minutes.

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Humans, Not Bots, Will Drive Tech Change, Nissan Says

New talent is vital in the transformation of the auto industry, says Nissan Europe’s Paul Willcox.

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Revamped VW Touareg Won’t Be Sold in North America

Volkswagen’s ongoing realignment of North American operations, with a greater emphasis on volume segments with new models such as the 7-seat Atlas, means the Touareg no longer will be sold in the U.S.

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