NEWS

Hyundai Sketches Plans for Small Crossover

6/10/2015

Hyundai Motor Co. has released a sketch of its upcoming Creta subcompact crossover.

3-Wheeler Launch Pushed Back to 2016

6/10/2015

Elio Motors Inc. says it now plans to launch its $6,800 three-wheel vehicle by mid-2016.

Bentley Names New Design Director

6/10/2015

Stefan Sielaff has been named the new design director for Volkswagen AG's Bentley unit, effective July 1.

Tesla to Begin Model X Deliveries by October

6/10/2015

CEO Elon Musk says Tesla Motors Inc. will begin delivering its Model X electric crossover vehicle within the next four months.

Japanese Carmakers Boost U.S. Investments

6/10/2015

Japanese carmakers have invested $43 billion in U.S. manufacturing, research and administrative facilities to date, including nearly $2.4 billion in 2014, according to the Japan Automobile Manufacturers Assn.

Costco Says It Referred Nearly 400,000 Car Sales

6/10/2015

Costco Wholesale Corp. claims its dealership referral service led to the sale of 398,900 new and used vehicles in the U.S. last year.

Renault Opens Savings Bank in U.K.

6/10/2015

Renault SA has launched RCI Bank, a retail savings bank with heavy emphasis on online transactions, in the U.K., the Financial Times reports.

Canada Picks Ex-Toyota Exec as Auto Czar

6/10/2015

Canada's federal government and the province of Ontario have named former Toyota Motor Corp. executive Ray Tanguay as special advisor to help them bolster their sagging auto industries.

BMW May Build Electric Crossover in U.S.

6/10/2015

BMW AG is developing an all-electric crossover to produce in America and compete with Tesla Motor Inc.'s upcoming compact Model X crossover, according to Germany's Wirtschaftswoche.

Car Sales Plunge in SE Asia

6/9/2015

Southeast Asia's car slump shows no sign of easing, The Nikkei reports.