NEWS

EPA Nominee Pruitt Would Review CAFE Rule

1/19/2017

Scott Pruitt, the Trump administration’s nominee to head the Environmental Protection Agency, says he intends to review the regulatory organization’s decision last week to lock in escalating corporate average fuel economy standards through 2025.

GM Near a Decision on India Strategy

1/19/2017

General Motors Co. is close to finalizing a plan to revive its struggling operations in India, sources tell Reuters.

Takata Bidders to Seek Court-Led Restructuring in Japan

1/19/2017

The two companies bidding to acquire troubled airbag supplier Takata Corp. each will ask for a court-mediated civil rehabilitation in Japan, according to The Nikkei.

Production Capacity in Mexico Likely to Grow 47% by 2023

1/18/2017

Vehicle production capacity in North America will expand by 3 million units from 2015 to 2023, with nearly half the growth occurring in Mexico, says LMC Automotive Ltd.

Tesla Will Make EV Motors, Gearboxes at Its Giant Battery Plant

1/18/2017

Tesla Motors Inc. is expanding its battery “gigafactory” outside Reno, Nev., to also make motors and gearboxes for its upcoming Model 3 electric sedan.

GM Settles SEC Claim About Ignition Switch Accounting Lapse

1/18/2017

General Motors Co. has settled charges that internal accounting flaws blocked it from assessing the economic impact of defective ignition switches blamed for 124 deaths and at least 275 significant injuries.

Report: Porsche Reins in Output of 2018 GT2 to 650 Horses

1/18/2017

Porsche AG is moving forward with its high-performance 911 GT2 RS sports car, but the vehicle won’t be quite as powerful as originally planned, Autocar reports.

German Court Orders VW to Buy Back a Cheater Skoda Diesel

1/18/2017

A German court has ordered Volkswagen Group to buy back one of the company's Skoda Yeti small crossover vehicles whose diesel engine was rigged to evade emission standards.

Digital Radio Installations Top 80% in U.K.

1/18/2017

More than 84% of the nearly 2.7 million passenger vehicles registered in the U.K. last year were fitted with digital radios, according to the country’s Society of Motor Manufacturers and Traders (SMMT).

Trump Administration to Open NAFTA Talks This Month

1/18/2017

The incoming Trump administration says it intends to open negotiations over the 23-year-old North American Free Trade Agreement within days, Toronto’s Globe and Mail reports.