Toyota Passes 9-Million Hybrid Sales Mark
5/20/2016Toyota Motor Corp. says it has sold more than 9 million hybrid-powered vehicles worldwide since launching its Coaster and Prius hybrids in 1997.
VW to Lift Hourly Wages 4.8% in Germany
5/20/2016Volkswagen AG has agreed to raise pay for some 120,000 hourly workers in Germany by nearly 5% over the next two years.
Volvo’s China Sales Chief Quits
5/20/2016Volvo Car Group says Fu Qiang, its sales chief in China, has resigned for personal reasons, says Automotive News China.
Latest Aston Martin Zagato Blends British Styling with Italian Flair
5/20/2016Aston Martin Lagonda Ltd. and Italian design house Zagato Design srl have teamed up again on a new concept car that will be publicly unveiled at this weekend’s Concorso d'Eleganza in Lake Como, Italy.
VW to Unveil “Mobility Provider” Strategy
5/20/2016Volkswagen AG CEO Matthias Mueller tells senior managers the company will emerge from its diesel emission scandal with determination to reshape itself into a “mobility provider,” Reuters reports.
Panasonic May Step Up Investment in Tesla Battery Factory
5/20/2016Panasonic Corp. tells reporters it may accelerate its investment in Tesla Motors Inc.’s giant battery plant in Nevada.
Daimler Earmarks €500 Million for Takata Airbag Inflator Recalls
5/20/2016Daimler AG says it will set aside roughly €500 million ($560 million) in 2016 to cover the cost of recalling vehicles equipped with Takata Corp. airbag inflators that could explode.
FCA Snubs German Diesel Emission Meeting
5/20/2016Fiat Chrysler Automobiles NV decided on Thursday not to attend a meeting requested by Germany’s transport minister to discuss possible emission violations by FCA’s diesel engines.
Uber Posts Autonomous Selfie
5/19/2016Uber Technologies Inc. is ramping up testing of its automated-driving technology on public roads in Pittsburgh.
Cadillac Drops ELR Hybrid Coupe
5/19/2016General Motors Co.’s Cadillac marque confirms it has stopped making its slow-selling plug-in hybrid ELR sport coupe.