NEWS

Ghosn Signals “Massive” Plan for Mitsubishi Motors

10/10/2016

Renault-Nissan CEO Carlos Ghosn says the two companies will unveil a “massive” business plan later this year to integrate Mitsubishi Motors Corp. into their alliance.

BMW Adds Functions to Connected Service Apps

10/7/2016

BMW AG is adding several new features to the Connected Services platform it launched earlier this year.

Report: Takata Mulls U.S. Bankruptcy Filing

10/7/2016

Takata Corp. is considering filing for bankruptcy in the U.S. to help resolve its liabilities for the recall of some 100 million airbag inflators that have killed at least 14 people, sources tell The Wall Street Journal.

AMG Developing Second Hybrid Model, Mulls Full EV

10/7/2016

A week after Daimler AG’s Mercedes-Benz unit confirmed plans for its first AMG-badged hybrid vehicle, AMG boss Tobias Moers says at least one more hybrid is in the works and that a future full electric model is likely too.

Mercedes-Benz Posts Any-Month Sales Record

10/7/2016

Daimler AG’s Mercedes-Benz brand reports that its worldwide sales in September jumped 12% to 211,300 vehicles.

BMW, Toyota, Allianz Partner with Nauto on AI Technology

10/7/2016

Insurer Allianz along with BMW, Toyota and an unidentified third carmaker have agreed to license artificial intelligence technology from Nauto, a Palo Alto, Calif.-based startup.

Audi, VW Models to Be Recalled for Fuel Leaks

10/7/2016

Volkswagen AG is launching three recalls in the U.S. to fix potential fuel leak problems in 281,400 Audi and VW brand vehicles.

Denso Invests in Artificial Intelligence Startup

10/7/2016

Denso Corp. Inc. says it is making an unspecified investment in Thinci Inc., an El Dorado Hills, Calif.-based startup that specializes in “deep learning” and other artificial intelligence technologies.

Incentive Spending Surges in U.S. Pickup Truck Market

10/7/2016

Trucks are driving the American car market, but it’s not entirely because pickups are so inherently popular.

VW Says It Won’t Sell Any Brands

10/7/2016

Volkswagen AG Chairman Hans Dieter Poetsch says the company has no plan to sell a brand or issue stock to help pay for liability costs associated with its diesel emission cheating scandal.