NEWS

Palladium Prices Surge 30%

10/2/2019

Surging demand for palladium used in automotive catalytic converters has pushed the price of the noble metal up 30% to a record $1,700 per ounce this year.

U.S. Sales Drop 13% for Foreign Brands

10/2/2019

Sales of foreign-brand passenger vehicles in the U.S. fell 13% to 704,300 units in September.

Waymo Launches Awareness Campaign for Robotic Cars

10/1/2019

Waymo is partnering with AAA and several other organizations on a campaign to increase awareness about autonomous vehicles.

Nissan Warns Dire Result of “Hard” Brexit

10/1/2019

Nissan Motor Co. will revisit its commitment to build Qashqai crossover vehicles in England if the U.K. exits the European Union at the end of this month with no replacement trade deal.

Car Sales Continue to Plummet in India

10/1/2019

India’s top-three carmakers are reporting another round of double-digit sales declines for September, the eighth consecutive month of shrinkage.

Former Tesla, GM Exec to Lead Engine Startup

10/1/2019

Grace Overlander has been appointed CEO of Pinnacle Engines Inc., a Silicon Valley-based powertrain startup.

Toyota C-HR Crossover Gets Mid-Cycle Update

10/1/2019

Toyota Motor Corp. is giving its C-HR compact crossover a mid-cycle makeover for the 2020-model year, including revised styling and added features.

SAIC Opens Export-Focused Factory in China

10/1/2019

SAIC Motor Corp. has launched production at its fourth assembly plant—a facility in Ningde, China—with capacity to make 240,000 vehicles per year.

September Car Sales Rebound in France

10/1/2019

Registrations of new passenger vehicles in France climbed 17% to 173,400 units, industry trade group CCFA says.

Opel Drops Work Shift at Russelsheim Plant

10/1/2019

PSA Group’s Opel unit says it will eliminate the night shift for six months at its main assembly plant in Russelsheim, Germany.