NEWS

Car Sales in Europe Climbed 10% in August

9/15/2016

Registrations of new passenger vehicles across Europe grew to 855,500 units in August from 781,600 units in the same month last year, trade group ACEA reports.

Mid-Engine Vette to Get 7-Speed Dual-Clutch Transmission?

9/15/2016

General Motors Co. will use a 7-speed dual-clutch automatic transmission in the mid-engine Chevrolet Corvette it’s developing, Car and Driver reports.

PSA to Partner with 3D-Printing Company

9/15/2016

PSA Group has signed a letter of intent with Los Angeles-based Divergent Technologies Inc. covering multiple joint development programs related to that company’s 3D-printing technology.

Toyota to Hike Tacoma Truck Capacity in Mexico

9/15/2016

Toyota Motors Corp. says it will spend $150 million to boost annual output about 60% at its Tacoma midsize pickup truck factory in Tijuana, Mexico.

Nexteer Makes Richardson Its New President

9/15/2016

Steering system supplier Nexteer Automotive Group Ltd. has named Michael Richardson to be its new president, effective Oct. 1.

Ford Confirms It Will Move Small-Car Production to Mexico

9/15/2016

Ford Motor Co. has finally publicly acknowledged it intends to migrate its small-car production in North America from the U.S. to Mexico within the next three years.

Uber Begins Testing Self-Driving Cars in Pittsburgh

9/15/2016

Uber Technologies Inc. has begun tests on the streets of Pittsburgh of Ford Fusion small sedans equipped to drive themselves.

ZF Raises Bid for Swedish Brake Systems Supplier Haldex

9/14/2016

ZF Friedrichshafen AG has raised its bid to buy Haldex AB, the Swedish commercial vehicle brake systems supplier, to 4.9 billion kronor ($573 million).

VW Launches Cybersecurity Company

9/14/2016

Volkswagen AG and the former executives from Israel’s intelligence agency have formed a company that will develop cybersecurity systems for next-generation connected cars and mobile services.

Mercedes Extends Sales Lead Over BMW

9/14/2016

Daimler AG’s Mercedes-Benz Cars unit expanded its global sales lead over rival BMW AG in August, according to company data.