NEWS

Mercedes Drops TV Ad About Self-Driving Features

7/29/2016

Daimler AG’s Mercedes-Benz unit has withdrawn a television ad in the U.S. that touts the Drive Pilot self-driving feature of its 2017 model E-Class luxury sedan.

Toyota Sales Slip Below VW

7/28/2016

Toyota sold 4.99 million vehicles in the first half of 2016 compared with 5.12 million for Volkswagen and 1.44 million fo General Motors, according to company reports.

Renault Profits Soar 41% in First Half

7/28/2016

Group operating profits at Renault SA jumped to €1.5 billion ($1.7 billion) in January-June from €980 million in the same period last year.

Aluminum Industry Touts 91% Recyclability Rate

7/28/2016

An average of 91% of the aluminum used in passenger cars and trucks in the U.S. is recovered and recycled at the end of a vehicle’s life, according to a study commissioned by the Aluminum Assn.

Nissan: EV Quick-Charging Hits Critical Mass in Japan

7/28/2016

Japan’s CHAdeMO fast-charging technology has reached “critical mass” with 7,000 stations operating in the country as of June 1, Nissan Motor Co. says in its latest EVolution newsletter.

BMW Tests Manufacturing Optical Measuring Device

7/28/2016

BMW AG has developed a new optical-measuring system that it says will improve quality and save time.

VW Group’s Operating Profit Plunges 57%

7/28/2016

Volkswagen AG says its pretax operating profit in the second quarter plummeted to 57% to €1.6 billion ($1.8 billion). Results were dragged down by special items, most of them costs associated with the company’s diesel emissions scandal.

Ford’s Quarterly Profits Drop 9%

7/28/2016

Revenue at Ford Motor Co. rose 6% to $39.5 billion in the second quarter. But net income fell 9% to $2 billion, as wholesale delivers stalled at 1.7 million units.

JLR to Switch to Bimmer V-8s?

7/28/2016

Jaguar Land Rover Ltd. is talking with BMW AG about using the German carmaker’s V-8 engines in high-end Jaguar and Land Rover models, Automobile reports.

Truck Sales in Europe Grew 13% in June

7/28/2016

Registrations of commercial trucks and buses in Europe climbed to 231,200 units in June from 204,500 in the same month last year, industry group ACEA reports.