NEWS

Mercedes Accelerates EV Program

1/4/2016

Daimler AG’s Mercedes-Benz arm plans to introduce the first of four all-new mainstream electric vehicles in 2018—a year earlier than originally planned.

Hyundai-Kia Miss 2015 Sales Goals

1/4/2016

Hyundai Motor Co. and its Kia Motors Corp. affiliate report global sales of 8.01 million vehicles in 2015 compared with 8 million in 2014.

Judge Clears First GM Ignition Switch Trial to Proceed

1/4/2016

The first “bellwether” lawsuit over defective General Motors Co. ignition switches has been ruled worthy to proceed to trial next week.

Honda Confirms 9th Fatality Blamed on Flawed Takata Airbag Inflators

1/4/2016

Honda Motor Co. has confirmed that a crash last July is the ninth in which an exploding Takata Corp. airbag inflator inflicted fatal wounds to the driver.

Tesla Fourth-Quarter Sales Totaled 17,400 Cars

1/4/2016

Tesla Motors Inc. reports it delivered 17,200 of its $70,000 Model S electric cars and 200 of its new $132,000 Model X electric crossovers in the fourth quarter of 2015.

Lexus Gets Turbo Power

1/4/2016

Toyota Motor Corp.'s Lexus unit is adding downsized turbocharged engines to several of its cars to better compete against rival German luxury marques.

U.S. Gasoline Price Average Fell 94 Cents in 2015

1/4/2016

The average retail price for a gallon of gasoline in the U.S. slid to $2.40 per gallon in 2015, according to AAA.

New Buick to Bow at Detroit Auto Show

12/30/2015

General Motors Co.’s Buick brand will take the wraps off a new model next month at the Detroit auto show, reports the Detroit Free Press.

Hyundai to Join Kia with a Dedicated Fuel Cell Vehicle in 2020

12/30/2015

Hyundai Motor Co. plans to introduce an all-new fuel cell vehicle by 2020—the same timeframe that affiliate Kia Motors Corp. is targeting for its own hydrogen-powered fuel cell model.

Jeep Bolsters U.S. Volume with Increased Fleet Sales

12/30/2015

Fiat Chrysler Automobile NV’s Jeep SUV brand has hiked its sales to rental car companies more than 50% this year, The Wall Street Journal calculates.