NEWS

Maserati Recall Targets Unintended Acceleration

3/14/2016

Fiat Chrysler Automobiles NV’s Maserati unit is recalling 28,200 cars in the U.S. with driver’s floor mats that could jam the accelerator and cause unintended “very high vehicle speeds.”

Honda Opens Plant in Thailand at Half Capacity

3/11/2016

Honda Motor Co. has opened an assembly plant in Prachinburi, Thailand, to make Civic small sedans.

VW Group Sales Slip

3/11/2016

Volkswagen Group sales in February dipped 1% to 693,300 units as a 5% drop to 394,400 units for the VW brand offset gains by the company’s other marques.

New EV Race Series Charges Ahead with Tesla Model S

3/11/2016

Newly formed Electric GT Holdings Inc. plans to launch a new race series for production electric vehicles next year, starting with a field of Tesla Motor Inc.'s out-of-production Model S P85+ performance sedans.

Porsche Zips to Record Sales, Profit in 2015

3/11/2016

Porsche AG reports its revenue and operating profit in 2015 surged 25% each to €21.5 billion ($24 billion) and €3.4 billion ($3.8 billion), respectively.

BMW Posts Record Sales for February

3/11/2016

BMW AG reports its retail sales in February rose 8% to a record 164,000 units. Deliveries of BMW brand vehicles jumped 9% to 143,400 units last month. Mini sales were flat at 20,400.

Miata to Get New Retractable Hardtop?

3/11/2016

Mazda Motor Corp. plans to launch a new model later this month at the New York auto show that some media reports speculate will be a variant of its MX-5 Miata with a lightweight, power-retractable hardtop.

Ford Launches Unit to Pursue Emerging Mobility Services

3/11/2016

Ford Motor Co. is combining its activities related to the pursuit of alternative personal mobility options in a new subsidiary called Ford Smart Mobility LLC.

GM Buys Autonomous Vehicle Software Startup

3/11/2016

General Motors Co. is acquiring Cruise Automation Inc., a three-year-old startup in San Francisco that specializes in technology for self-driving cars.

Jeep Rolls Out 7 New Concept Models

3/11/2016

Fiat Chrysler Automobiles NV’s Jeep unit took the wraps off seven concept vehicles yesterday ahead of its annual “Easter Jeep Safari” off-road event in Moab, Utah.