NEWS

Iowa to Debut Smartphone Driver’s License

12/15/2014

The state of Iowa plans to roll out a mobile app next year that substitutes for the usual plastic driver's license, The Des Moines Register reports.

Audi to Debut Lighter, Taller Q7 Crossover at Detroit Auto Show

12/15/2014

Audi AG says its redesigned Q7 large crossover vehicle is 716 lbs (325 kg) lighter and 26% more fuel efficient than its predecessor.

VW Group Aims for Sales Record as Growth Slows

12/15/2014

Volkswagen Group sales advanced only 1% to 834,800 vehicles in November.

Daimler to Contribute €2.5 Billion to Pension Fund

12/15/2014

Daimler AG says it will move €2 billion in cash to its German pension funds to offset growing underfunding caused by low interest rates.

Taxi Drivers Plan Uber Protest in Paris Today

12/15/2014

Thousands of taxi drivers are expected to block roads into Paris on Monday to protest a court's refusal to ban Uber Technologies Inc. from offering its smartphone-based taxi service in the city.

China to Become Smart Brand’s Biggest Market

12/15/2014

Daimler AG tells reporters in Shanghai that China is likely to become the largest national market for its Smart minicar within the next few years.

Renault-Nissan Shuffles Purchasing Leadership

12/15/2014

The Renault-Nissan alliance has made three senior management changes in its integrated purchasing operations with new assignments that will take effect on Jan. 1.

Takata Tightens Quality Demands for Suppliers

12/15/2014

Beleaguered airbag supplier Takata Corp. is demanding tighter quality control for its 100-company supply base, Reuters reports.

OPEC: Still No Plan to Cut Oil Production

12/15/2014

The Organization of the Petroleum Exporting Countries reiterated on Sunday that it won't reduce petroleum output in spite of plunging oil prices.

Chrysler Again Expands Takata Airbag Recall

12/12/2014

Fiat Chrysler Automobiles NV has agreed to more than double the size of a recall announced last week to replace passenger-side airbag inflators that could absorb moisture and explode when triggered.