Ferrari Supercar Adds Power, All-Wheel Steering
10/16/2015Ferrari SpA’s new F12tdf supercar is lighter, faster and more powerful than the standard F12 Berlinetta on which it’s based.
Japan’s $10 Billion Quest for a Super-Innovator
10/16/2015The state-backed Innovation Network Corp. of Japan wants to spend 1.2 trillion yen ($10 billion) to fund Japanese entrepreneurs.
Forecast: U.S. Car Sales to Peak at 18.2 Million in 2017
10/16/2015IHS Automotive predicts light-vehicle sales in the U.S. will climb to a record 18.2 million units over the next two years, then ebb slowly as prices and interest rates rise.
Kia Recalls Sorento Crossovers to Fix Transmission Flaw
10/16/2015Kia Motors Corp. is preparing to recall 377,100 of its 2011-2013 model Sorento crossover vehicles in the U.S. that could slip roll away when parked with the engine running.
Linamar Makes €771 Million Offer for France’s Montupet
10/16/2015Canadian parts supplier Linamar Corp. has agreed to buy French aluminum castings maker Montupet SA for €771 million ($878 million) in cash.
VW to Recall 8.5 Million Diesel Vehicles in Europe
10/15/2015Germany’s Federal Motor Transport Authority has ordered Volkswagen AG to recall 2.4 million diesel-powered vehicles equipped to cheat emission tests.
Global MRV Touts Onboard Emissions Testing System
10/15/2015Buffalo, N.Y.-based Global MRV Inc. says its new Firefly emissions testing system is the first onboard device that continuously monitors tailpipe emissions.
GM’s Global Sales Shrank 3% in Third Quarter
10/15/2015General Motors Co. reports it sold 2.33 million vehicles worldwide in July-September compared with 2.41 million units in the same period in 2014.
Volvo Outlines Electric Future
10/15/2015Volvo Car Corp. says it will offer plug-in hybrid versions of all its vehicles in coming years and launch its first all-electric model by 2019.
Tesla Adds Self-Driving Features
10/15/2015Tesla Motors Inc. last night began downloading its new Autopilot system into specially equipped versions of the company’s Model S electric sedan.