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Carmakers Hike Prices in U.K. as Pound Sterling Weakens
10/6/2016Ford, General Motors, Nissan and PSA have raised their new-car prices in the U.K. by about 2% to help cushion a 15% decline in the British pound sterling against the U.S. dollar.
Heavy-Truck Orders Plunge 27% in U.S.
10/6/2016Orders for large commercial trucks plummeted 27% to a seven-year low of 13,800 units in September, The Wall Street Journal reports.
Audi’s U.S. Unit Names Its first American CFO
10/6/2016Audi AG’s American unit in Auburn Hills, Mich., has named Matt Carpenter as its chief financial officer, effective immediately.
FCA Must Face Lawsuit Over Safety Compliance Claims
10/6/2016Fiat Chrysler Automobiles NV has been ordered to face a lawsuit that claims the company defrauded shareholders in 2014-2015 by claiming it was “substantially” in compliance with U.S. recall rules when it wasn’t.
NHTSA Opens Probe into Touchy Nissan Airbags
10/6/2016Side airbags that may be triggered by slamming a door have prompted a preliminary investigation by the U.S.
Bill Ford Describes Trump Meeting Over Mexico Jobs
10/5/2016Ford Motor Co. Chairman Bill Ford reveals he met with Republican presidential candidate Donald Trump a few months ago to discuss Trump’s “infuriating” comments about the company’s activities in Mexico.
LG Chem Plans EV Battery Plant in Poland
10/5/2016South Korea chemical giant LG Chem will spend 1.3 billion zloty (€302 million) to build a factory near Wroclaw, Poland, to make batteries for electric vehicles.
MEMA Joins Auto Cybersecurity Group
10/5/2016The Motor & Equipment Manufacturers Assn. has joined the Automotive Information Sharing and Analysis Center (Auto-ISAC) cybersecurity consortium.
Car Sales Rise in Europe’s Top Markets
10/5/2016New-car registrations of passenger vehicles in Germany last month climbed 9% to 298,000 units, according to the country’s KBA transport authority.
2017 Ford F-150 Gets Fuel Economy Boost
10/5/2016Ford Motor Co. say its 2017 F-150 pickup truck will have a U.S. Environmental Protection Agency fuel economy rating of 21 mpg (18 mpg in the city and 25 mpg on the highway), which is 1 mpg better than the outgoing model.