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JLR Launches U.S. Incubator for Infotainment Technologies
4/2/2015Jaguar Land Rover Ltd. is setting up an "innovation incubator" in Oregon to encourage U.S. start-up companies to develop next-generation software for in-car infotainment systems.
VW May Relaunch Iconic Camper as an EV
4/2/2015Volkswagen AG tells Autocar the company is developing an all-electric version of its updated Camper concept vehicle.
GM: No Plan to Exit Korea as Labor Costs Jump Nearly 50%
4/2/2015General Motors Co. tells Reuters it won't close any of its four auto plants in South Korea, even though production is down and its labor costs there have soared almost 50% in five years.
Honda Gets Sporty with Next-Generation Civic
4/2/2015The Civic, historically Honda Motor Co.'s plainly styled best-selling small sedan, is about to get a heavy dose of style and performance, according to the company.
GM Says High-Speed Cellular Service will Generate $350 Million Profit
4/2/2015General Motors Co. expects its introduction of its OnStar-based 4G LTE broadband connectivity service will increase the company's profits by $350 million between now and 2018.
Daimler Will Extend CEO Zetsche’s Contract Through 2019
4/1/2015Daimler AG's supervisory board tells investors it intends to extend CEO Dieter Zetsche's contract for three years when the current agreement expires at the end of 2016.
U.S. Car Sales Grow Less than 1%
4/1/2015Registrations of new cars and light trucks in the U.S. advanced a mere 8,500 units year on year to 1.55 million vehicles in March, according to Autodata Corp.
Turnaround Maven Tilton Sues SEC Over Fraud Charges
4/1/2015Lynn Tilton, whose Patriarch Partners LLC says it has resuscitated more than 240 companies over the past 15 years, is suing the U.S.
Mahindra Exits Brazilian Pickup Truck, SUV Market
4/1/2015Mahindra & Mahindra Ltd. tells Reuters it has pulled out of Brazil's pickup truck and SUV market because of a slumping economy, depreciating local currency and new tax rules that penalize imports.
BMW Launches Online EV Sales in Japan
4/1/2015BMW AG has begun marketing its i3 all-electric sedan in Japan through Amazon's online marketplace there, The Nikkei reports.