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Study Ranks Audi, BMW, Daimler and GM as Leaders in Self-Drive
10/19/2015Navigant Consulting Inc.’s new autonomous vehicle report ranks Daimler AG as the top carmaker in terms of strategy and execution for the emerging technology.
Ferrari’s Limited IPO Is Oversubscribed
10/19/2015Demand for the 10% of Ferrari SpA being publicly offered by Fiat Chrysler Automobiles NV far outstrips the shares available, sources tell Bloomberg News.
New Ignition Switch Flaw Prompts GM Recall
10/19/2015General Motors Co. says it will recall 3,300 of its 2014-2015 model fullsize pickups and SUV to replace ignition switches that could be jarred out of the “run” position, thus switching off the engine and disabling the power brakes, power steering and airbag systems.
Turkey Buys Rights to Saab 9-3 Car
10/19/2015The Turkish government says it has purchased the rights to the second-generation Saab 9-3 sedan from National Electric Vehicles Sweden AB.
VW Group Sales Slip as VW Brand Sags
10/19/2015Volkswagen Group reports its car and commercial truck sales in September declined to 885,300 units from 898,700 in the same period in 2014.
GM Recalls Side Airbags with Takata Inflators That Could Explode
10/19/2015General Motors co. is replacing about 400 side-impact airbag inflators supplied by Takata Corp. because the devices could explode in a crash and spray shrapnel into the passenger compartment.
VW Made Multiple Versions of Diesel Test-Cheating Software
10/19/2015Volkswagen AG developed four variants of the engine control software it used to cheat diesel emission tests, sources tell Reuters.
Audi Expands Plant in Hungary
10/19/2015Audi AG plans to invest €104 million to update its assembly plant in Gyor, Hungary, according to the country’s foreign minister.
China’s Growth Slows to 6.9%
10/19/2015China says its gross domestic product expanded by 6.9% in the third quarter of 2015, its smallest growth rate since 2009.
Police Raid VW Offices in France in Diesel Cheating Scandal
10/19/2015Police conducted searches at two Volkswagen AG offices in France on Friday as part of an investigation into “aggravated deception” by the company over diesel-powered vehicles rigged to cheat emission tests, Reuters reports.