NEWS

NHTSA Clears Tesla in Fatality Involving Self-Driving Autopilot Feature

1/20/2017

U.S. safety investigators say there is no defect in the semi-autonomous Autopilot feature provided in Tesla Motors Inc. electric vehicles.

Rheinmetall Targets Electrified Growth

1/19/2017

Germany’s Rheinmetall Automotive AG (formerly KSPG) predicts that components used in electrified vehicles will grow from 40% of its sales today to more than half of the company‘s volume by 2020.

Kia’s Stinger Sport Sedan Coming to Europe This Year

1/19/2017

Kia Motors Corp. says it will introduce its all-new Stinger fastback sedan in Europe in this year's fourth quarter.

Icahn Cinches Federal-Mogul Buyout

1/19/2017

Investor Carl Icahn, who already owned 87% of supplier Federal-Mogul Corp., finalized a $300 million bid today to buy the publicly traded company outright.

Car2Go Tops 2 Million Users

1/19/2017

Daimler AG’s car2go car-sharing business says its customer base grew 43% last year to 2.2 million users.

Cash-Strapped Zenos Cars Looks for Buyer

1/19/2017

An insolvency administrator has been appointed for Britain’s Zenos Cars Ltd. after several orders were canceled for the company's sole model, the E10 roadster.

VW Targets 2018 Production Launch with China Partner JAC

1/19/2017

Volkswagen AG says it intends to begin assembling electrified vehicles in China with new partner Jianghuai Automobile Co. next year.

Baby Volvo Crossover Expected at Shanghai Auto Show

1/19/2017

Volvo Car Corp. plans to unveil its XC40 compact crossover vehicle at the Shanghai Auto Show in April, reports Car News China.

Ex-VW CEO Winterkorn Denies Knowledge of Diesel Cheating

1/19/2017

Former Volkswagen Group CEO Martin Winterkorn tells a German parliamentary panel he didn’t know the company was rigging diesels with software to cheat emission standards until August 2015, a month before he resigned over the scandal.

Panasonic Targets Tech for Self-Driving Cars

1/19/2017

Japan’s Panasonic Corp. wants to continue to grow its automotive business, including venturing into emerging autonomous vehicle systems with partner Tesla Motors Inc.