NEWS

Cadillac Unveils Surround-Video Recording System

6/15/2016

General Motors Co.’s Cadillac unit is offering a four-camera video system that takes 360° surround viewing a step further: It also can record videos fore and aft and document activity if the parked vehicle is disturbed.

AvtoVAZ CEO: No Profits Until 2018

6/15/2016

Nicolas Maure, who was named CEO of OAO AvtoVAZ in March, says the Russian maker of Lada cars won’t post a full-year profit until at least 2018.

VW to Centralize Component Operations?

6/14/2016

Volkswagen AG intends to merge its division-level component operations into a single unit, sources tell Bloomberg News.

JLR Launches SUV Production in Brazil

6/14/2016

Jaguar Land Rover Ltd. has begun assembling SUVs at its new factory in Itatiaia, Brazil.

Porsche SE May Block VW Dividend Payout

6/14/2016

The holding company that controls Volkswagen Group plans a board meeting on Monday to decide whether to block VW’s plan to issue a dividend for 2015, sources tell Reuters.

Plastic Omnium Touts Lightweight Fuel Tank for Hybrid Vehicles

6/14/2016

France’s Plastic Omnium Group says its new plastic fuel tank designed for plug-in hybrid vehicles is 40% lighter than steel tanks used in such applications.

Takata Sells Stock in Carmakers to Raise Cash

6/14/2016

Takata Corp. reports it is raising cash by selling at least some of its equity in such customers as Fuji Heavy Industries, Honda, Mitsubishi Motors, Nissan, Suzuki and Toyota.

Lambo Museum Gets Supercar Makeover

6/14/2016

To mark the 50th anniversary of its legendary Miura mid-engine roadster, Lamborghini SpA has given its 15-year-old museum a full makeover.

Nissan Develops Automotive Solid-Oxide Fuel Cell System

6/14/2016

Nissan Motor Co. is developing a bi-ethanol solid-oxide fuel cell (SOFC) system that it aims to use as a primary power source to help lower the cost and improve the driving range and safety of fuel cell vehicles.

Honda Will Drop CR-Z Hybrid Sports Coupe at Year-End

6/14/2016

Honda Motor Co. says it will end production of its CR-Z sports coupe by the end of 2015 because of sluggish demand for the three-door hatch.