NEWS

Report: Audi Will Build Electric Crossover in Belgium

10/15/2015

Audi AG has selected its plant in Brussels to make the Q6 e-tron electric crossover due in early 2018, according to Belgian newspaper De Morgen.

Aston Martin to Cut Staff by 14%

10/15/2015

Aston Martin Lagonda Ltd. says it will trim its 2,100-member workforce by as many as 295 to reduce costs.

Linamar in Talks to Buy French Aluminum Caster Montupet

10/15/2015

Canadian auto supplier Linamar Corp. is negotiating to buy French cast-aluminum supplier Montupet SA for about €800 million ($919 million), sources tell Reuters.

FTC Joins U.S. Probe into VW Diesel Test Cheating

10/15/2015

The U.S. Federal Trade Commission confirms it has joined the Dept. of Justice and Environmental Protection Agency in investigating Volkswagen’s efforts to cheat federal diesel engine emission tests.

VW Denies Report on Size of Diesel Scandal

10/15/2015

Volkswagen AG dismisses as “completely unfounded” a report by Der Spiegel claiming that at least 30 of the company’s managers will be suspended for helping to rig as many as 11 million of the company’s diesel-powered cars to cheat government emission tests.

New Ford Focus RS Ups Output, Adds "Stall Recovery" Feature

10/14/2015

Ford Motor Co. says the 2.3-liter turbocharged 4-cylinder engine in its new Focus RS hot hatchback is tuned to make 350 hp and a like amount of torque.

Toyota Sets Aggressive Environmental Goals

10/14/2015

Toyota Motor Corp. today announced plans to increase the use of green energy technologies and dramatically reduce carbon dioxide emissions from its vehicles and factories over the next 35 years.

Vehicle Sales Pace in China at Three-Year Low

10/14/2015

Deliveries of new passenger cars and light commercial vehicles in China expanded less than 6% to 14.4 million units in the first nine months of 2015—the slowest growth rate since 2012, according to the China Passenger Car Assn.

VW’s New North America Chief Quits

10/14/2015

Volkswagen Group says Winfried Vahland, who was named three weeks ago to head the company’s operations in North America, is leaving the company instead.

UAW Healthcare Trusts Report $20.7 Billion Funding Shortfall

10/14/2015

Voluntary employees’ beneficiary associations set up eight years ago to cover medical expenses for retired United Auto Workers union members widened their funding gap fourfold last year to $20.7 billion, according to U.S.