NEWS

China to Halve Purchase Tax on Cars with Small Engines

9/29/2015

China's central government hopes to stimulate new-car sales by lowering the purchase tax from 10% to 5% on vehicles powered by engines displacing 1.6 liters or less.

FCA Under-Reported U.S. Recall Injuries, Deaths

9/29/2015

An internal probe has turned up a "significant" gap in the number of injuries and fatalities associated with Fiat Chrysler Automobiles NV recalls in the U.S., according to the National Highway Traffic Safety Administration.

VW Prepares to Recall Diesels Involved in Emission Scandal

9/29/2015

Volkswagen AG says it intends to retrofit as many as 11 million diesel engines that currently are equipped with software that can defeat government emission tests.

Prius to Add All-Wheel Drive?

9/29/2015

Toyota Motor Corp.'s 2016 Prius hybrid vehicle will include an optional all-wheel-drive system for the first time, according to Minkara.

Japan Orders Diesel Emissions Review

9/29/2015

Japan has ordered that all carmakers who sell diesel models in the country to confirm by the end of this week that their engines actually meet pollution standards.

Eaton Launches Lighter, More Efficient Supercharger

9/29/2015

Eaton Corp. says its new TVS2 supercharger is more than 25% lighter and as much as 10%-16% more efficient than the company's previous superchargers.

EC to Question VW Brand Chief on Scope of Diesel Emission Cheating

9/29/2015

The European Commission says it expects to meet today with Herbert Diess, CEO of the Volkswagen brand, to determine how many diesel vehicles the company sold in Europe that were fitted with software that defeated their emission controls.

CEO Barra Says GM Will Tout Connected Services

9/29/2015

General Motors Co. plans to leverage the connectivity features being introduced in its cars to extend its relationship with customers, CEO Mary Barra tells Reuters.

Auto Stocks Slide on Fears from VW Emission Scandal

9/29/2015

Auto stocks continue to sag this week as investors fret that Volkswagen AG may not be the only carmaker guilty of cheating on emission certification tests.

Germany Launches Winterkorn Fraud Probe

9/28/2015

Federal prosecutors have begun a criminal investigation to determine whether former Volkswagen Group CEO Martin Winterkorn played a role in the company's diesel emission testing scandal, Bloomberg News reports.