NEWS

U-Mich Mobility Test Facility to Open in July

1/26/2015

The University of Michigan's Mobility Transformation Center expects to open its $6.5 million connected-car test facility in Ann Arbor on July 20, according to Director Peter Sweatman.

Report: Porsche’s “Baby Panamera” Will Be Electric-Only

1/26/2015

Porsche AG has decided to offer its upcoming compact sport sedan exclusively as an electric model, says Auto Motor und Sport.

VW Recalls More Than 110,000 Cars to Fix Fuel System Leak

1/26/2015

Volkswagen AG's Audi and Porsche units are preparing to recall at least 110,200 vehicles more than half of them in China to repair a fuel injection system leak.

Four Auto Brands Say “No Thanks” to Super Bowl

1/26/2015

Four car brands that advertised during the 2014 Super Bowl football broadcast won't be back for the Feb. 1 game in Arizona this year, Automotive News reports.

EC to Rule on ZF-TRW Merger in February

1/26/2015

The European Commission says it expects to decide by Feb. 26 whether to approve ZF Friedrichshafen AG's bid to acquire U.S.-based TRW Automotive Holdings Corp.

Kia’s Profits Plunge 54%

1/23/2015

Kia Motors Corp. reports its net profit in the fourth quarter of 2014 plummeted to 436 billion won ($405 million) from 949 billion won a year earlier.

DOE to Fund $91 Million in Research on Vehicle Efficiency

1/23/2015

The U.S. Dept. of Energy has unveiled a new $56 million funding program to promote automotive R&D on advanced batteries, lightweight materials, advanced combustion engines and fuel technologies.

Subaru Tops in U.S. Resale Value

1/23/2015

Subaru brand vehicles maintain higher proportional value (46%) after five years than any other mainstream cars sold in America, according to Kelley Blue Book's annual ranking.

Honda Picks Takata Rival for Airbags

1/23/2015

Honda Motor Co. has selected Toyoda Gosei Co. Ltd. to supply airbags for its next-generation CR-V crossover, Odyssey minivan and Accord sedan, sources tell Reuters.

Honda Phases Out Accord Sedan in Europe

1/23/2015

Honda Motor Co. tells Automotive News Europe it will drop its Accord sedan in Europe because of poor demand.