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Fields, Ghosn to Headline CES
10/14/2016Ford Motor Co. CEO Mark Fields and Nissan Motor Co. CEO Carlos Ghosn will deliver keynote speeches at January’s CES event in Las Vegas.
VW Group Sales Grew 7% in September
10/14/2016Volkswagen Group reports its worldwide deliveries last month totaled 947,600 units compared with 885,200 in September 2015.
Car Sales Climb to Record High in Europe
10/14/2016New-car registrations across Europe grew 7% to 1.5 million units in September, a record high for the month, according to trade group ACEA.
GM Expands Maven Car-Share Service to San Francisco
10/14/2016General Motors Co. is extending its Maven car-sharing service to San Francisco, marking the ninth market in the program’s U.S. rollout.
NextEV Opens Silicon Valley Headquarters
10/14/2016NextEV Inc. has opened its new U.S. headquarters and software development center in San Jose, Calif.
Toyota to Add 1,000 Employees at Texas Campus
10/14/2016Toyota Motor Corp. says it will hire more than 1,000 new employees in numerous departments for the North American headquarters it plans to open next summer in Plano, Tex.
Parking Brake Flaw Prompts Honda Recall
10/14/2016Honda Motor Co. is recalling about 350,000 of its 2016 model Civic sedans and coupes in the U.S. to fix a flaw that could prevent the electric parking brake from being set.
Report: Talks Stall Over Samsung Bid for Magneti Marelli
10/14/2016Talks about Samsung Electronics Co. buying all or part of the Magneti Marelli unit of Fiat Chrysler Automobiles NV have been temporarily shelved, sources tell Bloomberg News.
BMW Sales Climb 11% to September Record
10/13/2016BMW AG reports its worldwide sales rose 11% to a record 238,000 units in September.
JTEKT Agrees to $62.5 Million Partial Settlement Over Price Fixing
10/13/2016Japanese bearing supplier JTEKT Corp. and its U.S. subsidiary have agreed to pay $62.5 million (6.4 billion yen) settle several class-action lawsuits in the U.S. that claim the company restricted competition in the sale of bearings and other items.