NEWS

Ford Tests Autonomous Cars at Michigan Center

11/13/2015

Ford Motor Co. has begun testing a self-driving version of its Fusion Hybrid midsize car at the University of Michigan’s new Mcity proving grounds in Ann Arbor, Mich.

Steering Gear Problem Prompts Recall of 256,000 Kia Souls

11/13/2015

Kia Motors Corp. is recalling its Soul compact MPV in the U.S. to fix a faulty steering system.

Lotus Unveils New Lightweight Sport Models

11/13/2015

Group Lotus plc has taken the wraps off its new Elise Sport and Elise Sport 220 sports cars.

Ghosn Rejects French Bid to Ease Renault-Nissan Alliance Tensions

11/13/2015

The Renault-Nissan alliance, led by co-CEO Carlos Ghosn, has snubbed a French government overture to soften its influence over the venture, Reuters reports.

GM Powertrain Chief to Push for Global Emissions Standards

11/13/2015

Dan Nicholson, who takes over as president of the International Federation of Automotive Engineering Societies (FISITA) next spring, plans to use Volkswagen’s ongoing diesel emission scandal as a catalyst to harmonize global emissions standards.

Big Investor Says VW’s Chairman and CEO Should Be Replaced

11/13/2015

A senior portfolio manager with Germany’s huge Union Asset Management Holding AG says Volkswagen AG should replace its newly installed CEO and chairman—along with several members of its supervisory board—with outsiders to restore confidence in the company.

Ford’s General Counsel Moving to Bank of America

11/13/2015

David Leitch, who is leaving his post as Ford Motor Co.’s general counsel at the end of the year, will take up the same position at Bank of America Corp. on Jan. 1.

Will VW Shrink SEAT Unit?

11/13/2015

Deep budget cuts needed to prepare Volkswagen AG for the financial impact of its expanding engine emission scandal could push the company to dramatically scale back its money-losing SEAT brand, Bloomberg News suggests.

Scania Appoints New President and CEO

11/13/2015

Volkswagen AG’s Scania AB commercial truck unit has named Henrik Henriksson to take over as its president and CEO on Jan. 1.

GM Prepares to Import Chinese Buicks to U.S.

11/12/2015

General Motors Co. is readying a plan to introduce a Chinese-built Buick crossover in the American market as early next summer, sources tell The Wall Street Journal.