NEWS

Diesel Sales in Europe Likely to Keep Falling

6/21/2016

Sales of diesel-powered cars in the EU peaked at 56% of the market in 2011 and have slowly declined to about 51% this year, according to industry group ACEA.

Acura NSX Electric Concept Gets Independent Torque

6/21/2016

Honda Motor Co.’s Acura unit says its NSX EV Concept model will feature four electric motors that will enable the carmaker’s first application of four-wheel independent torque vectoring.

Mazda Will Hike SUV Output 50%

6/20/2016

Mazda Motor Corp. aims to increase its output of SUV/crossover vehicles 50% to 800,000 units in the fiscal year that began April 1, The Nikkei reports.

FCA to Investigate Recalled Jeep in Death of “Star Trek” Actor

6/20/2016

Fiat Chrysler Automobiles NV says it will investigate a rollaway incident involving a recalled 2015 Jeep Grand Cherokee that killed “Star Trek” film actor Anton Yelchin on Sunday.

EVs Could Cut U.S. Gasoline Sales 20% in 20 Years

6/20/2016

An accelerating market for electric cars will reduce gasoline demand in the U.S. at least 5%—and perhaps as much as 20%—over the next two decades, predicts Edinburgh-based energy industry consultants Wood Mackenzie Ltd.

VW Board Member, Ex-CEO Winterkorn Face Criminal Probe

6/20/2016

Prosecutors in Brunswick, Germany, have opened an investigation to determine whether former Volkswagen AG CEO Martin Winterkorn and an unidentified current VW board member are guilty of market manipulation.

Icahn Hikes Federal-Mogul Buyout Offer

6/20/2016

Investor Carl Icahn, who already owns 82% of Federal-Mogul Holdings Corp., has upped his bid to acquire the remaining 18% of the Southfield, Mich.-based auto parts supplier.

Paris Poised to Limit Older Cars, Motorcycles

6/20/2016

On July 1 Paris will implement a weekday ban on cars sold before October 1997 and motorcycles sold before June 1999.

Hella Launches High-Definition LED Headlight System

6/20/2016

Hella KGaA Hueck & Co. is introducing a new light-emitting-diode headlamp system with a programmable beam pattern that can adapt to a variety of driving conditions.

VW to Phase Out More than 40 Models?

6/20/2016

Volkswagen Group plans to trim its current array of 340 passenger vehicle models by more than 40 over the next several years, sources tell Handelsblatt.