NEWS

Audi Puts Self-Driving Vehicle on a Diet

7/15/2015

Volkswagen AG's Audi unit says its latest RS 7-based self-driving demonstration car is 881 lbs lighter than last year's original concept model.

Honda Finance Agrees to Pay $24 Million to Remedy Unfair Loan Rates

7/15/2015

Honda Motor Co.'s U.S. finance arm will contribute $24 million to a fund to compensate minorities who were charged higher rates for car loans over the past two years.

FCA in Talks to Avoid NHTSA Recall Sanctions

7/15/2015

CEO Sergio Marchionne says Fiat Chrysler Automobiles NV is negotiating to sidestep impending fines and other sanctions related to how the company has handled 23 U.S. recalls involving more than 11 million vehicles over the past two years.

Volvo Will Export Buses from India to Europe

7/14/2015

Volvo Group tells reporters in India it will expand bus exports from the country to include Europe beginning later this year.

GM Plans $1.4 Billion Upgrade for Texas SUV Plant

7/14/2015

General Motors Co. will invest some $1.4 billion to update its factory in Arlington, Tex., that makes fullsize SUV/crossover vehicles.

Ford: Russian Car Market May Stabilize by Autumn

7/14/2015

The head of Ford Motor Co.'s 50:50 carmaking venture with Moscow-based assembler OSJC Sollers tells Russia's Vedomosti newspaper he expects the country's collapsing car market will stabilize this autumn.

U.S. Opens Probe of Second Airbag Inflator Supplier

7/14/2015

The National Highway Traffic Safety Administration has launched an investigation into two reports of ruptured driver-side airbag inflators made by Knoxville, Tenn.-based ARC Automotive Inc.

Getting Rid of That Used-Car Stench

7/14/2015

After a vehicle's fresh new car smell wears off there are a multitude of less desirable scents that can permeate the interior, becoming trapped in carpet fibers and other fabrics, or in tight spaces and air vents.

Volvo Aims to Add Performance Oomph with Polestar Acquisition

7/14/2015

Volvo Car Corp. has acquired tuning specialist Polestar Performance AB to help it compete better against Mercedes-Benz AMG and BMW M performance models.

Economic Sentiment in Germany Slips for 4th Month

7/14/2015

Financial experts in Germany are slightly more optimistic about the country's current economic conditions.