Tag Archives: Report

Self-driving startup Quanergy explores IPO, report says

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by JeepersMedia Quanergy Systems could be the first initial public offering to emerge from a fleet of autonomous driving technology companies, Bloomberg reported, citing people familiar with the matter. … Automotive News Breaking News Feed

Icahn, Federal-Mogul trying to sell Fel-Pro for $1.5 billion, report says

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by Dave Adams Automotive Images Carl Icahn’s Federal-Mogul is considering a sale of its Fel-Pro engine parts business, seeking about $ 1.5 billion if it pursues a deal, people familiar with the matter told Bloomberg. … Automotive News Breaking News Feed

Germany to inspect Ford Mondeo cars for possible emissions device, report says

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by denaldo Germany has ordered its road transport watchdog to look at whether Ford’s mid-sized Mondeo model contains an illegal emissions cheating device, a German magazine reported. … Automotive News Breaking News Feed

Continental to buy 8-10% stake in mapping firm HERE, report says

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by ATOMIC Hot Links Continental is in talks to acquire an 8-10 percent stake in the digital mapping firm HERE, which is now controlled by Germany’s leading carmakers, a German magazine reported. … Automotive News Breaking News Feed

Continental, Osram plan vehicle lighting joint venture, report says

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by Singing With Light Auto suppliers Continental and Osram are planning to set up a joint venture to develop lighting products for the automotive industry, a German newspaper reported. … Automotive News Breaking News Feed

VW top brass warned of costs from illegal emissions a month before disclosure, report says

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by CarSpotter A VW manager told the CEO and other managers that the company’s diesel emissions violations could cost up to $ 18.5 billion, almost a month before investors were informed, a German newspaper reported Sunday. … Automotive News Breaking News Feed