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FCA Cuts 1,300 Jobs at Small-Car Plant in Michigan
4/6/2016Fiat Chrysler Automobiles NV is eliminating one of two production shifts at its small-car factory in Sterling Heights, Mich., because of slumping sales.
Illinois Dealer Sues VW for Diesel-Related Damages
4/6/2016A lawsuit by a three-dealership chain in Illinois accuses Volkswagen AG of criminal racketeering and fraud for rigging of 580,000 diesels to evade U.S. emission standards.
Mazda Teases New Crossover Coupe for China
4/6/2016Mazda Motor Corp. has released several teaser images of a new concept crossover/SUV that will be publicly unveiled later this month at the Beijing auto show.
France Offers Nuclear Power Plant Site for Tesla EV Factory
4/6/2016France’s energy minister is floating the suggestion that Tesla Motors Inc. build an electric vehicle factory on the site of the country’s oldest nuclear power plant, which is scheduled to close at the end of this year.
Operating Profits Lag in Europe for Mainstream Producers
4/6/2016Europe’s luxury brands are enjoying strong margins in Europe.
FCA Plans $500 Million Update to Plant in Argentina
4/6/2016Fiat Chrysler Automobiles NV is investing $500 million to prepare its assembly plant in Cordoba, Argentina, for an undisclosed new model to be sole-sourced there, Reuters reports.
Car Sales in U.K. Surge to 17-Year High
4/6/2016New passenger vehicle sales in the U.K. grew 5% to 518,700 units in March, their strongest month since 1999.
Europe’s Move to Real-World Emission Tests Seen Hurting Hybrid Sales
4/6/2016A shift to real-world emission tests in Europe will lower fuel economy ratings for hybrids and plug-ins and reduce their appeal, Automotive News Europe reports.
Mercedes Posts Record Sales Month
4/6/2016Daimler AG says sales by its Mercedes-Benz Cars unit climbed 8% to an any-month record of 198,900 vehicles in March.
U.S. Demand for Class 8 Trucks Plunges
4/6/2016Orders for big highway trucks in the U.S. plummeted 37% to only 16,000 units in March, and inventories of unsold rigs surged to an eight-year high, The Wall Street Journal reports.