NEWS

China’s Car Market Accelerates

6/13/2016

Passenger-vehicle sales in China rose 11% to 1.8 million vehicles last month, the fastest growth rate so far this year, reports the government-backed China Assn. of Automobile Manufacturers.

JCI to Boost Production of Stop-Start Batteries in N. America

6/13/2016

Johnson Controls Inc. says it will invest another $245 million over the next four years to double its North American production of absorbent-glass-mat (AGM) batteries to 11 million units by 2020.

Tesla Lends Shade to Model X Owners

6/13/2016

Tesla Motors Inc. has notified owners of its Model X crossover vehicles that it plans to mail them a free windshield shade system.

Chinese Trade Group Pushes for Permanent Tax Cut on Small Cars

6/13/2016

China, which reduced taxes on small, fuel-efficient cars last autumn, should make the cut permanent, asserts the government-backed China Assn. of Automobile Manufacturers.

UPDATE: Tesla Reworks Gag Clause for Customers

6/13/2016

Tesla Motors Inc. has rephrased a customer nondisclosure agreement said to infer that owners of its electric cars were bound not to report possible safety defects if they accepted a discount on out-of-warranty repairs.

VW’s New Strategy Due This Week

6/13/2016

Volkswagen AG is expected to present a new business strategy on Thursday that focuses on broadening the company’s lineup of electrified cars, expanding into ride-hailing services and reducing costs without cutting jobs in Germany.

Faraday Future Hires Former Ferrari Exec to Head Marketing

6/13/2016

Faraday Future Inc., the secretive Gardena, Calif.-based electric-car startup, has hired Marco Mattiacci as its global chief brand and commercial officer, effective immediately.

Daimler to Unveil EV with 310-Mile Range

6/13/2016

Daimler AG will use the Paris auto show in October to present a Mercedes-Benz electric car prototype that can travel 500 km (310 miles) per charge.

Peugeot Family Confirms Interest in Hiking PSA Stake

6/10/2016

The Peugeot family tells Les Echos it is ready to raise its 14% stake in PSA Group.

VW Accused of Rigging Data on Imports to Korea

6/10/2016

Prosecutors in South Korea claim Volkswagen AG’s business unit there falsified emission and noise tests for 26 imported models, the Yonhap News Agency reports.