NEWS

Audi Mid-Engine R6 Rumors Persist

4/18/2016

Volkswagen AG’s Audi unit continues to evaluate the potential for a new mid-engine sports car based on Porsche’s Boxster/Cayman chassis.

Twizy Distributor to Add 2,000 EV Charging Stations in Canada

4/18/2016

Azra Corp., a Quebec-based real estate development and new energy company, plans to invest C$40 million ($31 million) to install 2,000 electric charging stations across Canada over the next 18 months.

VW Teases Crossover Concept

4/18/2016

Volkswagen AG has released teaser images of a hybrid-electric concept crossover/SUV that will be unveiled later this month at the Beijing auto show.

No Deal to Cut Oil Production

4/18/2016

Oil producers failed to reach agreement over the weekend on production limits that would help raise petroleum prices.

Ford Rules Out 200-Mile EVs for Now

4/18/2016

The head of Ford Motor Co.’s electrified vehicle development says the company has no immediate plans to double the 100-mile range of its Focus electric sedan.

Toyota Extends Shutdown after Second Quake Hits Japan

4/18/2016

Toyota Motor Corp. says its will idle much of assembly capacity across Japan for about one week after a second earthquake struck the country on Saturday.

XIO Group Buys J.D. Power

4/18/2016

XIO Group, a London-based buyout firm, has agreed to acquire quality survey experts J.D. Power for $1.1 billion in cash.

Marchionne Names Ford, Toyota or VW as Possible FCA Merger Partners

4/18/2016

Fiat Chrysler Automobiles NV’s best merger partner would be Ford, Toyota or Volkswagen, says CEO Sergio Marchionne.

Daimler Merges New Mobility Services

4/15/2016

Daimler AG is merging its RideScout and GlobeSherpa mobility businesses into a new company called Moovel North America under its Moovel Group GmbH operations.

Automotive, Aerospace Industries to Swap Safety Ideas

4/15/2016

The U.S. National Highway Traffic Safety Administration and Federal Aviation Administration will co-host a cross-industry summit for carmaker and airline executives next week in Washington, D.C., to share safety-related best practices.