NEWS

Japan Clears Mitsubishi to Resume Sale of Tainted Minicars

6/21/2016

Mitsubishi Motors Corp. has been allowed to resume sales in Japan of four minicar models the company admits were marketed with bogus fuel economy ratings.

JLR Will Pursue Evoque Copycat Lawsuit After China Cancels Patent

6/21/2016

Jaguar Land Rover Ltd. says it will continue to pursue a lawsuit in a Beijing court accusing China’s Jiangling Motors Corp. of copying its distinctive Range Rover Evoque SUV, even though a Chinese government board canceled the company’s patent on the Evoque design.

Economic Sentiment Surges in Germany

6/21/2016

Confidence within Germany’s financial community about the country’s economy jumped sharply in June, according to the closely watched ZEW index from the Mannheim Centre for European Economic Research.

German Probe Could Expand to Entire VW Board

6/21/2016

Prosecutors in Germany, who already are investigating two Volkswagen AG management board members into possible market manipulation, could expand the probe to the entire board, Reuters reports.

Quebec Expands Fast-Charger Network

6/21/2016

Canada’s Quebec province plans to create a network of fast-charge stations for battery-powered vehicles along a 360-mile highway corridor between Montreal and Mont-Joli.

Mustang to Get 10-Speed Transmission?

6/21/2016

Ford Motor Co. will offer the 10-speed automatic transmission it co-developed with General Motors Co. in its Mustang muscle car starting in the 2018 model year, reports Mustang6g.com.

Korea Poised to Fine VW for False Diesel Claims

6/21/2016

South Korea is expected to fine Volkswagen AG 88 billion yuan ($76 million) for falsely advertising its diesel cars as environmentally friendly.

India Moves to Strengthen Its Voluntary Recall System

6/21/2016

The Indian government plans to introduce a scheme on Oct. 1 that would enable it to impose penalties on carmakers that fail to recall cars to fix safety defects.

Panasonic to Accelerate Production at Tesla’s Battery “Gigafactory”

6/21/2016

Panasonic Corp. will begin making lithium-ion cells in July at Tesla Motors Inc.’s huge battery “gigafactory” in Nevada, about six months ahead of its original schedule, according to The Nikkei.

GM Trims Output in South Africa

6/21/2016

General Motors Co. has cut its production plan in South Africa by an undisclosed amount because of the country’s deteriorating economy.