NEWS

Acura, GM, Subaru Fare Best in “Cost-to-Own” Awards

2/8/2017

Subaru and Acura were named the overall and luxury brand winners in terms of cost of ownership among 2017 models in the U.S., respectively, by Kelley Blue Book (KBB).

Pininfarina Teams with China’s Hybrid Kinetic on New-Energy Concept

2/8/2017

Italian design house Pininfarina SpA and China’s Hybrid Kinetic Group Ltd. (HKG) plan to unveil their jointly developed H600 concept luxury sedan next month at the Geneva auto show.

Trump Hands Toyota a Production Dilemma

2/8/2017

The Trump administration’s protectionist trade position presents a manufacturing quandary for Toyota Motor Corp., The Nikkei says.

Bosch to Form Integrated Powertrain Unit with "Electromobility" Tech

2/8/2017

Robert Bosch GmbH plans to combine its existing Gasoline Systems and Diesel Systems groups with its “electromobility” activities under a new Powertrain Solutions division that will be launched at the start of 2018.

Volvo Cars Hikes Annual Operating Profits by Two-Thirds

2/8/2017

Volvo Car Group’s operating and net profits last year jumped 66% to 11 billion kronor ($1.2 billion) and 7.5 billion kronor ($842 million), respectively.

Renault-Nissan Alliance Sales Nearly Match GM’s Total

2/8/2017

The Renault-Nissan alliance, which added Mitsubishi Motors last year, sold a combined 9.96 million vehicles last year, only 5,000 units short of the record 10.01 million reported on Tuesday by General Motors Co.

Sales of “Semi-Large” Cars Surge in S. Korea

2/8/2017

Sales of “semi-large” sedans in South Korea have surpassed traditionally more popular midsize models for the second consecutive month.

India Readies Old-Car Scrappage Plan

2/8/2017

India expects within a few months to finalize a scheme that encourages consumers to scrap old cars and buy new ones.

Ford Will Debut 13 New SUV/Crossover Models by 2020

2/8/2017

Ford Motor Co., which currently offers seven SUV/crossover models in the U.S., says it will hike that number to 13 in four years.

Takata to Plead Guilty in U.S. to Wire Fraud This Month

2/8/2017

Takata Corp. is scheduled to plead guilty on Feb. 27 to settle a U.S. Dept. of Justice investigation into the company’s efforts to hide defects in its explosion-prone airbag inflators.