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VW Chooses CFO Poetsch to Become Its Next Chairman
9/3/2015Volkswagen Group has nominated Hans Dieter Poetsch, its 64-year-old chief financial officer, to become chairman in November.
New Garmin Dash Cam Adds Driver Alerts
9/3/2015Garmin International Inc.'s latest Dash Cam video recorder includes alerts that warn drivers of potential collisions when they are approaching another vehicle rapidly or following too closely.
Jaguar Cuts U.S. Prices, Adds Free Maintenance
9/3/2015Jaguar Land Rover Ltd. is launching its 2016 model year in the U.S. with new models, price cuts and five years of free routine maintenance and roadside assistance.
$29,000 Battery Upgrade Boosts Tesla Roadster’s Range
9/3/2015Tesla Motors Inc. has begun taking orders for its previously announced "Roadster 3.0" battery package that adds 85 miles of range to the company's first model, the Roadster electric sports car.
New Heating System Touted for EVs
9/3/2015Researchers at the Stuttgart-based Fraunhofer Institute for Manufacturing Engineering and Automation say they have developed a more efficient heating technology for the passenger cabins of electric vehicles.
ECB Leaves Interest Rates Unchanged
9/3/2015The European Central Bank opted today to leave its primary interest rate and overnight bank deposit rate unchanged at 0.05% and -0.2%, respectively.
Tesla to Begin Deliveries of Model X Crossovers on Sept. 29
9/3/2015Tesla Motors Inc. says it will begin delivering a special edition of its second mass-produced electric car, the Model X crossover, on Sept. 29.
Daimler Developing a Luxury Electric Car
9/3/2015Daimler AG tells Germany's Auto Motor und Sport that its Mercedes-Benz Cars unit is developing a luxury electric vehicle to compete with the Tesla Model S electric sedan.
New SsangYong Concept Previews 7-Seat Tivoli SUV
9/3/2015South Korea's SsangYong Motor Co. describes its new XLV-Air concept vehicle as a pre-production version of a long wheelbase, 7-seat variant of its Tivoli crossover/SUV.
Opel Adds Online Banking in Germany
9/3/2015General Motors Co.'s Adam Opel unit is moving into online retail banking in Germany through its Opel Bank GmbH unit, which also provides financing for Opel vehicle sales.