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Report: SEC Probing Tesla for Possible Breach in Securities Rules
7/12/2016Tesla Motors Inc. may have violated U.S. securities laws by failing to tell investors that one of its cars was involved in a fatal crash while driving in autonomous mode, a source tells The Wall Street Journal.
GM to Test Power-Assist Manufacturing Glove
7/11/2016General Motors Co. is partnering with NASA and Bioservo Technologies AB, a Swedish medical technology firm, on a specially designed glove that can help manufacturing workers exert more force while reducing muscle fatigue.
Self-Driving Google Cars Aim to Steer Clear of Bicyclists
7/11/2016Google Inc. reports that part of its autonomous vehicle development program involves ensuring the safety of bicyclists on shared roads.
Ford Revs Up F-150 Ecoboost Engine
7/11/2016Ford Motor Co. says the second generation of its twin-turbo 3.5-liter EcoBoost V-6 engine will generate 375 hp and 470 lb-ft of torque in the 2017 F-150 pickup truck.
U.S. Fuel Prices Drop to 12-Year Low
7/11/2016Average gasoline prices in the U.S. began this week at $2.23 per gallon, down 4 cents from a week ago and 53 cents below year-ago rates, according to AAA Gas Prices.
Car Wholesales in China Jump 18%
7/11/2016Sales of passenger vehicles to dealers in China, led by strong demand for SUVs and crossover vehicles, surged 18% to 1.78 million vehicles in June, the China Assn. of Automobile Manufacturers reports.
South Korea Threatens to Suspend VW Sales
7/11/2016South Korea’s environmental ministry may ban the sale of 32 Audi, Bentley and Volkswagen models over claims that Volkswagen Group falsified emission and noise certification data.
German Prosecutors Pledge Tough Fines for VW Diesel Cheating
7/11/2016Volkswagen AG should not expect leniency on fines in Germany stemming from the company's admission that it rigged 11 million diesel vehicles to evade emission standards, prosecutors tell Reuters.
GM Expands Car Rental Program for Lyft Drivers
7/11/2016General Motors Co. has expanded its special short-term rental plan for Lyft Inc. ride-hailing service drivers to California and Colorado.
Sales Growth Slows in India
7/11/2016Car sales in India expanded only 3% to 223,500 units in June, according to the Society of Indian Automobile Manufacturers.