NEWS

Renault’s Stock Skids on Worries about Emission Probe

1/15/2016

Shares in Renault SA closed on Friday at €75.13, down 15% in the past two days over worries that some of its vehicles may not meet emissions standards.

Jatco Gears Up CVT Technology

1/15/2016

Nissan Motor Co. affiliate Jatco Ltd. is expanding the use of its D-step gear-shift simulation technology to most of its continuously variable transmissions.

VW Group Loses Share as Europe’s Car Market Surges

1/15/2016

Deliveries of new passenger vehicles across Europe jumped 16% to 1.16 million in December on gains in virtually every country in the region, trade group ACEA reports.

KSPG Touts New Heating System for Hybrids and EVs

1/15/2016

KSPG AG says its new heat pump-based thermal management system teamed with “smart” controls can extend the driving range of electrified vehicles by significantly reducing energy consumption during heating and cooling operations.

Toyota to Race C-HR Crossover at Nurburgring

1/15/2016

Toyota Motor Corp. plans to enter three vehicles in this year’s Nurburgring 24 Hours competition, including a modified version of its upcoming C-HR concept crossover vehicle.

Mercedes to Debut Fuel Cell-Powered Crossover in 2017

1/15/2016

Daimler AG’s Mercedes-Benz Cars unit confirms it will unveil a fuel cell-powered version of its large GLC crossover next year.

Ford Plans Third Assembly Plant in Mexico

1/15/2016

Ford Motor Co. will announce within this quarter plans to erect a $1.5 billion auto plant in San Luis Potosi, Mexico, sources tell Reuters.

FCA Blasts Dealer Sales Reporting Lawsuit as Baseless

1/15/2016

Fiat Chrysler Automobiles NV has condemned a lawsuit claiming the company pushed some of its U.S. retailers to falsify sales reports as the baseless claims of two disgruntled and chronically underperforming dealers.

Russia Vehicle Sales Plunged 46% in December

1/15/2016

Sales of new cars and light commercial vehicles in Russia crashed to 147,000 units last month from a record 270,600 in December 2015, the Moscow-based Assn. of European Businesses reports.

DOT Vows to Help Enable Self-Driving Cars

1/14/2016

The U.S. Dept. of Transportation vows within six months to develop guidelines for standardized policies governing the use of self-driving vehicles on public roads.