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BorgWarner Divests Remy Aftermarket Unit
10/3/2016Auburn Hills, Mich.-based BorgWarner Inc. is selling its Remy light-vehicle aftermarket business to an investor group led by New York private equity firm Torque Capital Group.
U.S. Opens Ford Probes on Steering, Warning Lamp Problems
10/3/2016Ford Motor Co.’s Edge crossovers and Fusion sedans are being investigated by U.S. regulators for flaws relating to “door ajar” and electric steering failures, respectively.
GM Unveils Army Fuel Cell Test Vehicle
10/3/2016General Motors Co. on Monday took the wraps off the fuel cell-powered Chevrolet Colorado ZH2 the U.S. Army will begin testing next year.
California to Allow Fully Autonomous Testing in Select Areas
10/3/2016California’s Dept. of Motor Vehicles late last week announced revisions to draft regulations that will allow companies to test self-driving vehicles at two sites without requiring a human backup driver and traditional controls onboard.
Jeep Ponders Sub-Renegade Crossover
10/3/2016Fiat Chrysler Automobiles NV’s Jeep unit is considering a mini-size crossover vehicle that would be positioned below the current Renegade SUV.
Weld Flaw Prompts Takata Airbag Recall at BMW
10/3/2016BMW AG is recalling 3,600 SUVs in the U.S. to replace poorly welded Takata Corp. airbag inflators that could explode when triggered.
PSA Readies Mobility Services for U.S.
10/3/2016CEO Carlos Tavares says PSA Group intends to return to the North American market in a 10-year process that will begin with mobility services developed through partnerships with such providers.
Tesla Posts Record Quarterly Sales
10/3/2016Tesla Motors Inc. delivered an any-quarter record 24,500 electric cars in July-September, up 70% from the previous three-month period.
VW To Pay U.S. Dealers $1.2 Billion in Compensation
10/3/2016Volkswagen AG says it has agreed to distribute $1.2 billion (€1.1 billion) to its 652 dealers in the U.S. to compensate them for the company’s diesel emission scandal.
Japanese Start-Up Readies Electric Supercar
9/30/2016Japan’s Green Lord Motors (GLM) Ltd. is following up last year’s Tommykaira ZZ electric sports car with an electric supercar.