NEWS

DOT, National Safety Council Form U.S. “Zero-Fatality” Coalition

10/5/2016

The U.S. Dept. of Transportation and the National Safety Council have formed a “Road to Zero” coalition that hopes to end traffic fatalities in the U.S. within 30 years.

Car Sales Hit Record High in U.K.

10/5/2016

Registrations of new cars in the U.K. rose 2% to a record 469,700 units in September, according to the Society of Motor Manufacturers and Traders Ltd.

Geely Teases New “Lynk” Model

10/5/2016

Confirming earlier reports, China’s Zhejiang Geely Holding Group says it will launch a new global brand called Lynk & Co on Oct. 20.

Eberspaecher’s Michigan Facility Wins New Exhaust System Business

10/5/2016

Eberspaecher Group’s North American operations says it will add production of exhaust systems—including catalytic converters and mufflers—for 11 passenger cars and trucks over the next 18 months at its Wixom, Mich., facility.

ZF Drops Haldex Bid

10/5/2016

ZF Friedrichshafen AG has withdrawn its offer to buy brake system supplier Haldex AB at 120 kronor ($14) per share.

Vehicle Sales Rise in Australia

10/5/2016

Vehicle sales in Australia grew 1% to 102,700 units in September, thanks to strong demand for commercial vehicles and SUVs that overcame a continuing sales slump for cars.

Honda to Build Scooters in Japan for Rival Yamaha

10/5/2016

Honda Motor Co. and Yamaha Motor Co. are pooling production of 50-cc motor scooters in Japan and will collaborate on new models for the domestic market, The Nikkei reports.

Volvo to Debut Car-to-Car Communications This Year

10/5/2016

Volvo Car Group will introduce a system before the end of 2016 that enables its top-of-the-line 90-series cars to automatically swap information with each other about road conditions.

Dealer Lawsuit Claiming FCA Sales Report Cheating Allowed to Proceed

10/4/2016

A federal judge in Chicago has ruled that a lawsuit which claims Fiat Chrysler Automobiles NV falsified monthly sales data may move forward, The Wall Street Journal reports.

ZF Ponders Next Steps as Haldex Bid Stalls

10/4/2016

ZF Friedrichshafen AG says it is exploring “all options” after its bid to buy Swedish brake system supplier Haldex SA appears to have failed.