NEWS

Mazda Moves Up 2nd-Generation Skyactiv Engine

6/15/2015

Mazda Motor Corp. will launch the second generation of its Skyactiv fuel-efficient engines in an unspecified 2018 model vehicle two years ahead of schedule, according to several media reports.

Car Production Expected to Plunge 27% in Brazil

6/15/2015

Output of new passenger vehicles in Brazil is likely to drop 18% this year, according to industry group ANFAVEA.

Tesla Lines Up $750 Million in Credit

6/15/2015

Tesla Motors Inc. has arranged a revolving line of credit with five banks for as much as $750 million, according to a regulatory filing late Friday.

Europe's Carmakers Say CO2 Rules Will Hurt Competitiveness

6/15/2015

European carmakers, who have complained about the cost of meeting EU's future carbon dioxide emission standards, say those costs will make them less competitive in other markets, Reuters reports.

Daimler, FCA Recall 42,700 Trucks to Replace Takata Airbag Inflators

6/15/2015

Daimler AG and Fiat Chrysler Automobiles NV are recalling 42,700 trucks and vans in the U.S. to replace Takata Corp. airbag inflators that could explode in a crash.

Porsche Dethrones Audi to Win Le Mans

6/15/2015

A pair of Porsche 919 Hybrid cars finished first and second in the top LM P1 class at this weekend's 24 Hours of Le Mans race in France.

Honda Insider Will Guide Company Through Airbag Crisis

6/15/2015

This week Takahiro Hachigo will take over as president and CEO of Honda Motor Co.

BMW Group Sales Rise 6%

6/15/2015

BMW AG reports group sales in May of BMW and Mini brand vehicles grew 6% to a record 188,300 units.

VW Group Sales Fell 3% in May

6/12/2015

Volkswagen Group reports its global sales in May declined to 858,000 vehicles from 880,900 a year earlier.

U.S. Imposes New Tariffs on Chinese Tires

6/12/2015

he U.S. Dept. of Commerce has set punitive import duties of as much as 100% on certain car and light-truck tires imported from China after ruling the tires were being sold at below-market value, Reuters reports.