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Autonomous Vehicle Sales Forecasted to Top 21 Million Units by 2035
6/7/2016Global sales of vehicles equipped with semi- and fully autonomous capabilities will approach 600,000 by 2025 and grow at compounded annual rate of 43% to top 21 million units by 2035, according to a new report by IHS Automotive.
Plans for Revamped DeLorean Move Forward
6/7/2016DeLorean Motor Co. says it is on track to launch low-volume production early next year for replicas of the iconic 1980s-era DMC-12 sports car.
Proton Gets $309 Million Malaysia Bailout
6/7/2016Struggling Malaysian carmaker Proton Holdings Bhd has received nearly 1.3 billion ringgits ($309 million) in government aid to service debt and pay suppliers.
Ford in Talks to Make Lincoln Vehicles in China
6/7/2016Ford Motor Co. and Chinese partner Changan Automobile Group are discussing plans to build Lincoln luxury vehicles in China, sources tell Bloomberg News.
Mercedes to Unveil Concept EV at Paris Auto Show
6/7/2016Daimler AG’s Mercedes-Benz unit will preview its electric vehicle strategy with a concept SUV at the Paris auto show in September, Autocar reports.
UPDATE: Victim in Japan Sues Takata, Nissan Over Airbag Injuries
6/7/2016A Japanese woman has sued Nissan Motor Co. and Takata Corp. for criminal negligence over injuries she suffered last October when the passenger-side airbag inflator in her Nissan X-Trail SUV misfired, reports national television network NHK.
Tesla Nears Battery Deal with Samsung
6/7/2016Tesla Motors Inc. is testing a large batch of lithium-ion cells supplied by Samsung SDI Co. as a final precursor to adding the South Korean company as a second battery supplier for its growing electric vehicle lineup, The Nikkei reports.
Korea Files Court Claim that Nissan Faked Diesel Tests
6/7/2016South Korea’s environmental ministry has filed a court complaint claiming Nissan Motor Co. rigged diesel emission test results for its Qashqai crossover vehicle.
VIEWPOINT | A BETTER WAY TO MANAGE THE RISK OF REGULATORY COMPLIANCE
6/7/2016Carmakers and their suppliers are accustomed to the strict and well-defined rules of financial reporting. But now the industry faces a very different but no less important issue—dealing with regulatory focus on non-GAAP measures, according to Stephane Lagut, EY’s Global Automotive Assurance Leader.
Ford Names New Marketing Chief for Europe
6/7/2016Ford Motor Co. has appointed Matt VanDyke as vice president of marketing in Europe, effective July 1.