NEWS

Mini to Add Sedan?

4/13/2016

BMW AG’s Mini unit will round out its new lineup with a sedan aimed at China and the U.S., Autocar reports.

Hankook Tire Moving North American HQ to Tennessee

4/13/2016

Seoul-based tiremaker Hankook Tire Co. Ltd. is relocating its American headquarters from Wayne, N.J., to Nashville, Tenn.

Delphi Readies 48-Volt Mild-Hybrid System

4/13/2016

Delphi Automotive plc this week demonstrated a 48-volt mild-hybrid system in a Honda Civic that it says reduces carbon dioxide emissions by 10% and boosts low-end torque 25% over traditional vehicles.

The Line Starts Now for Ford $400,000 GT Supercar

4/13/2016

Ford Motor Co. has begun taking orders for its new GT supercar, which will start in the mid-$400,000 range.

VW Confirms Bonus Cutbacks for Top Managers

4/13/2016

Volkswagen AG says its supervisory and management board has agreed to make “significant” but unspecified bonus cuts affecting Chairman Hans Dieter Poetsch and an unidentified group of executives.

Look Mom, No Lights!

4/13/2016

Ford Motor Co. has begun testing a prototype self-driving car at night without its headlights turned on, forcing the vehicle to rely on lidar and high-resolution 3-D mapping to navigate roads and stay in its lane.

Takata Seeks Restructuring Leader by August

4/13/2016

Takata Corp. hopes by August to select a sponsor to help it avoid financial ruin from the cost of recalling tens of millions of its airbag inflators.

IMF Lowers Global Growth Forecast Again

4/13/2016

The International Monetary Fund says the pace of global economic growth is “increasingly disappointing,” especially among developing markets, and has lowered its outlook for the second time this year.

Germany Vows to Okay Self-Driving Car Tests

4/13/2016

German Chancellor Angela Merkel promises the country’s carmakers swift action on rules that will enable them to test autonomous cars on public roads.

Tesla Freshens Model S, Offers Cheaper Model X

4/13/2016

Tesla Motors Inc. is eliminating the faux grille from its Model S sedan for 2017 and has introduced a less expensive version of its new Model X crossover.