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Lambo Mulls 4th Model, Modular Platform
1/26/2017Lamborghini SpA wants to move to a common platform for all its vehicles, a step that could lead to a fourth model for the ultra-luxury marquee, Motoring reports.
FCA’s Profits Surge
1/26/2017Fiat Chrysler Automobiles NV reports its net profit last year jumped to €1.8 billion ($1.9 billion) from €93 million in 2015.
Elio Motors Delays 3-Wheeler Launch Again
1/26/2017Cash-strapped Elio Motors Inc.is pushing back the planned launch of its tiny three-wheel vehicle from late this year until sometime in 2018, the company says in a Facebook post.
Pension Payment Change Cuts Ford Profit 38%
1/26/2017A change in Ford Motor Co.’s pension accounting dropped the company’s full-year net income to $4.6 billion last year from $7.4 billion.
Kia Niro Hybrid Priced Under $24,000
1/26/2017Kia Motors Corp.’s Niro hybrid-electric crossover vehicle, which is already available overseas, will start at $23,800 when hits the streets next month in the U.S.
Ford Bronco and Ranger to Sport Dana Solid Axles
1/26/2017The Bronco SUV and Ranger pickup trucks Ford Motor Co. announced earlier this month will be fitted with front and rear solid axles built by Toledo-based Dana Corp., according to multiple media reports.
Kia Prepares Contingency Plan for Shifting U.S. Trade Policy
1/26/2017Kia Motors Corp. tells analysts it is setting up a “step-by-step, scenario-based contingency plan” to deal with the effects of U.S. President Donald Trump’s “America First” trade philosophy.
Car Output in U.K. Hits 17-Year High
1/26/2017The U.K.’s 15 carmakers produced 1.72 million vehicles in 2016, up 9%, the Society of Motor Manufacturers and Traders reports.
U.S., Canadian Auto Industries Get in Sync on Trump Response
1/25/2017An ad hoc group representing the U.S. and Canadian auto industries is scrambling to create a report for the Trump administration about how interconnected the two countries are, Bloomberg News reports.
New Mexico Sues Takata, Carmakers Over Flawed Airbag Inflators
1/25/2017New Mexico has sued Takata Corp. for misleading the public about the safety of its airbag inflators.