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Ferrari Adds Convertible Version of 812 Speedster
9/9/2019Ferrari SpA says its new 812 GTS is the most powerful production convertible in the world.
Hyosung to Invest $840 Million in Carbon Fiber Unit
9/9/2019South Korea’s Hyosung Corp. plans to invest 1 trillion won ($840 million) in its carbon fiber business by 2028.
Nissan CEO Saikawa to Step Down Next Week
9/9/2019Nissan Motor Co. says CEO Hiroto Saikawa will resign on Sept. 16 and be replaced temporarily by Chief Operating Office Yasuhiro Yamauchi.
FCA Expands Truck Tailgate Recall to 1.1 Million
9/9/2019Fiat Chrysler Automobiles NV is more than doubling to 1.1 million units a U.S. recall of Ram pickup trucks whose tailgates may suddenly fall open while being driven.
New-Car Wholesales Plummet 41% in India
9/9/2019Factory shipments of new cars in India plunged 41% to a “very dismal” 115,000 units in August, according to final figures from the Society of Indian Automobile Manufacturers.
Report: Deal Near on VW Factory in Turkey
9/9/2019Officials have all but finalized an agreement for a new Volkswagen Group assembly plant in Turkey that would begin production by 2023.
August Sales Fell in Germany, U.K.
9/9/2019New car registration declined last month in Germany and the U.K. compared to unusually inflated year-earlier volumes.
Sales of Electrified Cars to Quadruple in Europe
9/9/2019Deliveries of plug-in hybrid and all-electric vehicles across Europe will jump fourfold to 1 million units in 2020, predicts Europe’s Transport & Environment group.
China’s Export Volume Shrinks
9/9/2019China says its export volume fell 1% in August, led by a 16% drop in shipments to the U.S.
No Quick Rebound Likely for Car Sales in India
9/9/2019India’s passenger car market, which shrank more than 12% to 5.3 million wholesales through July, isn’t likely to recover until about 2025.