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Stop-Start Systems May Capture 55% of Market in 10 Years
4/14/2015Systems that automatically stop an engine when the vehicle stops and restart it when driving resumes will grow in application from 22% of light-vehicle sales worldwide in 2015 to 55% by 2024, predicts Boulder, Colo.-based Navigant Research.
Ford, Toyota Ready Plant Expansions in Mexico
4/14/2015Ford Motor Co. and Toyota Motor Corp. will announce major expansions in Mexico this week, according to media reports.
VW Brand Sales Slip 1%
4/14/2015Global sales of Volkswagen AG's namesake brand vehicles fell to 558,600 units in March from 563,600 a year earlier.
Piech, Winterkorn to Discuss VW Management Crisis
4/14/2015Volkswagen Group Chairman Ferdinand Piech and CEO Martin Winterkorn will meet later this week to discuss the company's succession plan after Piech abruptly voiced a lack of confidence in the CEO, according to Handelsblatt.
GM Cuts Price 6% on Spark EV
4/14/2015General Motors Co. has lowered the base price of its tiny Chevrolet Spark electric car to $26,000 in an effort to jumpstart sales.
Skeptics Doubt China Company’s Solar Car Plan
4/14/2015Analysts are skeptical of claims by China's Hanergy Thin Film Power Group Ltd. that by October the company will present prototype vehicles than run entirely on solar power, Bloomberg News reports.
JCI, SAIC Unit Form Global Auto Interiors Venture
4/14/2015Johnson Control Inc. and a subsidiary of Shanghai Automotive Industry Corp. have signed an agreement to launch what they describe as the world's largest automotive interiors company.
BMW Reports Record Sales in March
4/14/2015BMW Group sales in March jumped 9% to a record 232,600 units worldwide, the company reports.
FCA Recalls Almost All 500E Electrics in U.S.
4/14/2015Fiat Chrysler Automobiles NV is recalling 5,700 of its Fiat 500E electric minicars in the U.S. to remedy incompatible software that could cause the cars with low battery power to shut down prematurely.
Report: Tesla to Pay Gigafactory Workers $25 Per Hour
4/14/2015Tesla Motors Inc. has indicated it intends to pay workers an average $25 per hour at the giant battery factory it is building outside Reno, Nev., the Reno Gazette-Journal reports.