#BRIDGESTONE

Hybrid

Driving on Sunshine: Solar Powered EVs

Dutch partners aim to boost EV range with solar panels

Interiors

The SUV You Don’t Want In Your Rear-View Mirror

2021 Chevy Tahoe gets a 5-0 version

Business

Nippon Steel Plans $1.9 Billion Asset Sale

Nippon Steel Corp. intends to sell of 200 billion yen ($1.9 billion) in assets over the next two years to help it buy a 50% stake in Indian steelmaker Essar Steel India Ltd.

Hybrid

VW EV Sets Goodwood Hill Climb Record

Volkswagen AG’s ID.R electric race car set a track record last weekend at England’s Goodwood Festival of Speed’s hill climb, taking just 39.9 seconds to cover the 1.2-mile course.

Hybrid

Startup Touts Long-Range EV with Large Solar Array

Dutch startup Lightyear says its electric vehicle has a range of about 450 miles, about 45% of which is derived from its large array of solar panels.

Toyota Tops Carmakers in 2018 Patents

Toyota received an automotive industry-best 2,500-plus patents in the U.S. last year, according to Harrity & Harrity LLC.

Infrastructure

TomTom Sells Telematics Unit to Bridgestone

Location services provider TomTom International BV has agreed to sell its telematic fleet management operations to tiremaker Bridgestone Corp.’s European unit for €910 million ($1 billion).

Economics

Goodyear Sales Climb as Operating Income Slips

Goodyear Tire & Rubber Co. reports that its tire sales advanced 2% to 40.5 million units, and revenue rose slightly to $3.9 billion.

Economics

Optimism Fades in Japan Over U.S. Trade Policy

Confidence among manufacturers in Japan has declined for the first time in two years over worries about the global impact of U.S. protective tariffs, according to a Bank of Japan survey.

Regulations

Porsche Racing to the Future

Porsche is part of VW Group and it is one of the companies that is involved in putting vehicles on the U.S. market with diesel engines in violation of EPA emissions regulations, specifically model year 2013–2016 Porsche Cayenne Diesel 3.0-liter V6 models.

Sales

NACTOY: The 2017 Nominees

The initial list of the vehicles that have qualified for the 2017 North American Car, Truck and Utility Vehicle of the Year (NACTOY) awards have been released today, so because these awards are significant to the industry (and only partially because I am one of the 60 judges, representatives of auto journalism across the continent), here is the list of vehicles that will be considered.

GM Commits to Using “Green” Tires

General Motors Co. is working with several tiremakers and other partners as part of a plan to increase the use of sustainable natural rubber in future tires.

Chevy Revs Up Special-Edition SUVs

General Motors Co.’s Chevrolet unit is adding performance variants of its Tahoe (pictured) and Suburban SUVs for the 2018 model year.

Economics

Bridgestone Targets 5%-6% Growth in Americas

Bridgestone Corp. predicts its annual operating profit in North and South America will average between 5% and 6% over the next several years, enabling the region to contribute more than half the tiremaker’s group profits.

Business

Icahn Hikes Offer for Federal-Mogul Again

Investor Carl Icahn has raised his offer to acquire outstanding shares in Federal-Mogul Holdings Corp. for the third time in seven months, this time for $10 per share.

Business

Bridgestone Debuts Firestone Tire Brand in India

Bridgestone Corp. launched its Firestone tire American brand in India today with a line of replacement tires for car and SUVs.

Business

Icahn Hikes Federal-Mogul Buyout Offer

Investor Carl Icahn, who already owns 82% of Federal-Mogul Holdings Corp., has upped his bid to acquire the remaining 18% of the Southfield, Mich.-based auto parts supplier.

Business

Bridgestone Divests Venezuelan Tire Operations

Bridgestone Corp. has agreed to divest its tiremaking operations in Venezuela to the Corimon Group, a Caracas-based paints and resins conglomerate.

Bridgestone Expands Run-Flat Tire Availability

Bridgestone Corp. has expanded its DriveGuard line of run-flat replacement tires to include most minivans, crossovers and small SUVs in the U.S.

Production

Hankook Tire Moving North American HQ to Tennessee

Seoul-based tiremaker Hankook Tire Co. Ltd. is relocating its American headquarters from Wayne, N.J., to Nashville, Tenn.

Production

Bridgestone Plans 15% Expansion for U.S. Sales Network

Bridgestone Corp. plans by 2020 to enlarge its U.S. network of tire retailers to 6,000 from about 5,200 today.

Business

Icahn Prevails in Bid for Pep Boys as Bridgestone Bows Out

Bridgestone Corp. says it won’t counter a $1 billion-plus bid from investor Carl Icahn to acquire auto parts and service chain Pep Boys.

Business

Icahn Hikes Bid for Pep Boys

A determined Carl Icahn has offered to acquire Pep Boys for $18.50 per share, significantly above the $17 per share bid by Bridgestone Corp. that was favored by the auto parts and service chain late last week.