NEWS

Fuel Prices Fell to 7-Month Low in September

10/1/2015

Average gasoline prices in the U.S. dropped to $2.34 per gallon in September, their lowest since February, according to the AAA Daily Fuel Gauge Report.

GM Outlines New Advanced Mobility Plans

10/1/2015

General Motors Co. today announced several new autonomous-driving and advanced mobility programs during its annual meeting with analysts and investors at its Milford, Mich., proving ground.

JLR to Proceed with Diesel Introductions in U.S.

10/1/2015

Jaguar Land Rover Ltd. says plans to introduce diesel options in the U.S. for most of its Jaguar and Land Rover vehicles by the end of 2017 remain on schedule in spite of Volkswagen AG's diesel emission cheating scandal.

France Joins Spain in Demanding VW Return Sales Aid for Cheater Diesels

10/1/2015

The French government plans to request that Volkswagen AG refund government-paid incentives to support sales of cars involved in the company's diesel emission scandal, according to the country's energy and environment minister.

UAW Ponders Next Steps as Workers Reject FCA Labor Pact

10/1/2015

United Auto Workers union leaders are convening in Detroit today to consider next moves after some 40,000 of the UAW's members rejected a proposed four-year national labor agreement with Fiat Chrysler Automobiles NV by a margin of 2:1.

VW Cuts Diesel Production, Finance Unit Imposes Hiring Freeze

10/1/2015

Volkswagen AG is preparing for an expected slump in demand for its vehicles after admitting it installed software to defeat emission controls in 11 million of its 4-cylinder diesels.

Denmark Plans Sharp Hike in Taxes on EVs

9/30/2015

Denmark, which has been Europe's showcase for pro-electric vehicle policies in recent years, is reversing course and dropping its tax-exempt status for such vehicles, Bloomberg News reports.

Ford Recalls 342,300 Minivans for Axle Repair

9/30/2015

Ford Motor Co. is recalling about 342,300 of its 1998-2003 Ford Windstar minivans in North America to revisit an earlier attempt to strengthen a rear axle that could corrode and break.

Mazda Teases New Sports Car

9/30/2015

Mazda Motor Corp. released a dimly lit image of an unnamed sports coupe it plans to unveil late next month at the Tokyo auto show.

GM Adds Executive Position to Manage Advanced Mobility Programs

9/30/2015

General Motors Co. has appointed Mike Ableson to the newly created position of vice president of strategy and global portfolio planning, The Detroit News reports.