Jobs Growth Slows in U.S.
1/6/2017The U.S. economy added 156,000 jobs in December, down from an upwardly revised 204,000 in the previous month, according to the U.S. Bureau of Labor Statistics.
ZF, Nvidia Team Up on AI System for Self-Driving Vehicles
1/6/2017ZF Friedrichshafen AG is working with chipmaker Nvidia Corp. to develop artificial intelligence (AI) technology for automated and autonomous driving systems for passenger cars, commercial trucks and industrial applications such as forklifts and other material handling devices.
VW Exec Gets Prison Term in S. Korea for False Emission Reports
1/6/2017A court in Seoul has imposed an 18-month prison sentence on a Volkswagen AG executive for falsifying reports on noise and emission certification tests.
Ford Sales Climb 14% in China
1/6/2017Ford Motor Co.’s vehicle sales in China zoomed 21% to 149,900 units, helping push full-year sales up 14% to a record 1.27 million units.
Ghosn Urges Trump to Articulate Auto Policy
1/6/2017Renault-Nissan alliance CEO Carlos Ghosn tells the Financial Times that President-elect Donald Trump should provide the auto industry with clear policies and regulations so its members can decide whether to invest more in the U.S.
Car Sales in Mexico Surge to Record High
1/6/2017Car sales in Mexico jumped 19% in 2016 to a record 1.6 million units, according to dealer and industry trade groups.
GM Sets Another Sales Record in China
1/5/2017General Motors Co. reports its sales in China last year climbed 7% to a record 3.87 million units, even though December sales dipped 2% to 434,800 vehicles.
Cadillac to Offer “Vehicle Subscription” Plan in NYC
1/5/2017Next month General Motors Co.’s Cadillac unit will begin offering a service that gives customers access to several of the brand’s vehicles as needed for a flat fee of $1,500 per month.
Trump Threatens Border Tax on Toyota Corollas from Mexico
1/5/2017President-elect Donald Trump, who earlier this week warned of a “big border tax” on cars General Motors Co. makes in Mexico, has now made the same threat against Toyota Motor Corp.
Ford Syncs with More Tech Partners
1/5/2017Ford Motor Co. this week announced partnerships with Amazon.com, Samsung Electronics and Sygic for services that will be integrated with the carmaker’s latest Sync 3 voice-activated infotainment system.