NEWS

Conti Touts Future Tire Tech

10/4/2019

Continental AG's new concept tire features several technologies to improve performance and monitor wear.

India's Central Bank Cuts Rates, Outlook

10/4/2019

India’s central bank has dropped its prime lending rate for the fifth time to help spur the country’s economy, now expected to expand by 6.1% rather than 6.9% in the fiscal year ending next March 31.

Bird Raises $275 Million in Funding

10/4/2019

Bird Rides Inc., a Los Angeles-based electric-scooter sharing service, has raised $275 million in its latest funding round.

New Golf Coming This Month

10/4/2019

Volkswagen AG says it will publicly unveil its all-new Golf small car at a special event in Germany on Oct. 24.

VW Eager to Share Know-How for Premium EVs

10/4/2019

Volkswagen AG says it is talking with other carmakers about sharing key technologies for premium electric vehicles in hopes of cutting development and production costs.

U.S. Jobless Rate Drops to 50-Year Low

10/4/2019

Unemployment in the U.S. fell in September to 3.5%, its lowest level since December 1969, from 3.7% in in August, the Dept. of Labor reports.

IIHS: Lane-Centering Acceptance Off the Mark

10/4/2019

Insurance Institute for Highway Safety testers say lane-centering systems are less trustworthy than adaptive cruise control.

VW’s Jetta Brand Off to Strong Start in China

10/4/2019

Volkswagen Group’s new Jetta sub-brand in China reportedly beat VW’s first-month sales target by 30%.

Audi, Deutsche Telekom Partner on 5G

10/4/2019

Audi AG and Deutsche Telekom AG are developing a 5G-based connected transportation infrastructure in Ingolstadt, Germany.

Car Sales Advance 1% in U.K.

10/4/2019

New-car registrations in the U.K. rose 1% to 343,300 units last month compared with below-normal sales in September 2018.