NEWS

Lear Plans New Asian HQ in Shanghai

6/9/2016

Seating supplier Lear Corp. says it will open a new and larger regional headquarters in Shanghai, China, by early 2019.

Kia Agrees to More Modest Tax Breaks for Plant in Mexico

6/9/2016

Kia Motors Corp. has agreed to accept more modest tax breaks for the assembly plant it is completing in the Mexican state of Nuevo Leon, according to Gov.

NHTSA: Self-Driving Cars Should Be Twice as Safe

6/9/2016

When the first self-driving cars hit the road, they should be at least twice as safe as vehicles driven by humans, declares Mark Rosekind, head of the U.S.

VW Cleared to Fix Another 1.1 Million Cheater Diesels in Europe

6/8/2016

Volkswagen AG says it has received approval from German transport authority KBA to recall 1.1 million Audi and VW brand vehicles with diesel engines that use software designed to elude emission requirements.

GM Names New Head of Global Quality

6/8/2016

General Motors Co. has appointed Tony Francavilla as vice president of global quality, effective immediately.

FCA Probes Partnership with Uber

6/8/2016

Fiat Chrysler Automobiles NV has opened preliminary talks with ride-hailing service Uber Technologies Inc. about a non-equity alliance, sources tell Bloomberg News.

Car2Go Off to a Speedy Start in China

6/8/2016

Daimler AG’s car2go unit says nearly 80,000 people have registered for the car-sharing service in Chongqing, China, since it was launched there less than two months ago.

Suzuki’s CEO Resigns Over Rigged Fuel Economy Ratings

6/8/2016

Suzuki Motors Corp. CEO Osamu Suzuki says he will resign his post later this month, accepting blame for the company’s unauthorized test methods to calculate fuel economy ratings—even though retesting the cars resulted in higher fuel economy ratings.

Car Sales Rise 11% in China

6/8/2016

Retail sales of passenger vehicles in China expanded 11% to 1.76 million units in May, according to the China Passenger Car Assn.

Ford Launches Ka+ Hatchback in Europe

6/8/2016

Ford Motor Co. is replacing the 3-door Ka city car in Europe with a 5-door model adapted from its India-built Figo car.