NEWS

VW Delays Plan to Reveal Results of Diesel Cheating Probe

4/25/2016

Volkswagen AG has cancelled plans to release preliminary findings this week of an independent investigation into the company’s diesel emission test cheating scandal.

Sales, Profits Up for Gentex

4/25/2016

Gentex Corp. reports its first-quarter revenue rose 10% to $406 million, and net earnings grew 4% to $80 million.

Toyota: Quakes Cut Production by 80,000 Units

4/25/2016

Toyota Motor Corp. estimates that earthquake-related disruptions to its supply chain in Japan cut about 80,000 units of production this spring.

FCA Recalls 1.1 Million Vehicles for Rollaway Problem

4/25/2016

Fiat Chrysler Automobiles NV is recalling 1.13 million vehicles worldwide to modify electronic shifters that could leave the car in gear when parked.

German Carmakers Recall 630,000 Diesels in Europe

4/22/2016

Three German carmakers have agreed to recall a combined 630,000 of their diesel-powered cars in Europe to improve their exhaust emissions.

Special GM Stock Option Hikes CEO Barra’s Pay 77%

4/22/2016

General Motors Co. says a one-time stock option grant boosted its compensation package for CEO Mary Barra for 2015 by as much as 77% to $28.6 million.

Partners Unveil Super-Efficient City Car Concept

4/22/2016

Shell Oil Co. says it new piston-powered concept city car would require 34% less energy to build and operate over its lifecycle than a typical city car in the U.K.

Japan Quakes Force GM to Idle Four N. American Plants

4/22/2016

On Monday General Motors Co. will idle operations for two weeks at three assembly plants in the U.S. and one in Canada.

Daimler’s First-Quarter Net Profit Falls 32%

4/22/2016

Daimler AG’s car and truck sales in January-March grew 7% to a record 683,900 units, and revenue increased 2% to €35 billion ($39.4 billion). But net profit dropped to €1.4 billion ($1.6 billion) from €2.1 billion in the first quarter of 2015.

New App Warns Drivers of Kids in the Road

4/22/2016

Volkswagen AG is working with Coodriver GmbH to integrate that company’s smartphone child alert system into future vehicle displays.