NEWS

U.K., EU Reach Tentative Brexit Deal

10/17/2019

British Prime Minister Boris Johnson and the head of the European Union say they have reached a deal for a “soft” U.K. exit from the EU at the end of October.

Dura Automotive Files for Bankruptcy

10/17/2019

Lynn Tilton, the flamboyant owner of Dura Automotive Systems LLC, has put the company’s U.S. operations into bankruptcy so she can buy them back through a court-supervised auction.

Toyota Readies Tiny EV and Scooters

10/17/2019

Toyota Motor Corp. plans to launch a tiny electric city car late next year in Japan.  

Tesla Gets Production License in China

10/17/2019

Tesla Inc. has been awarded the government certificate it needs to launch production at the electric-car factory it is erecting in Shanghai, Reuters reports.

Ford Touts EV Charging Options

10/17/2019

Ford Motor Co. will offer buyers of its upcoming electric vehicles a range of charging options from home-based systems to access to more than 35,000 public charging points in the U.S.

Volvo Unveils XC40 EV

10/17/2019

Volvo Cars Corp. took the wraps off its first full electric vehicle, the XC40 Recharge compact crossover, yesterday in Sweden.  

Report: Cobee to Head Citroen

10/17/2019

Vincent Cobee, who left Mitsubishi Motors Corp. in April, will succeed Linda Jackson as CEO of PSA Group’s Citroen unit, Automobilwoche reports.

NHTSA to Update 5-Star Safety Ratings System

10/17/2019

The U.S. says it will make significant changes next year to the five-star rating system it uses to help consumers assess the safety of new cars.

Tata Would Consider a Partner for JLR Unit

10/17/2019

The head of the Indian conglomerate that owns Jaguar Land Rover Ltd. tells Bloomberg News that he won’t sell the unit but is will to consider partnering the business with another carmaker.

FCA Faces Fine for Missing Fuel Economy Goal

10/17/2019

Fiat Chrysler Automobiles NV is being fined $79 million by the National Highway Traffic Safety Administration because its 2017 models failed to achieve their federal fuel economy requirements.