NEWS

Audi, Toyota to Unveil Self-Driving Cars at CES

1/3/2013

Audi AG and Toyota Motor Corp. confirm they will use next week's Consumer Electronics Show in Las Vegas to reveal test vehicles that can drive themselves, The Wall Street Journal reports.

Subaru to Recall 633,800 Cars to Fix Lighting Flaw

1/3/2013

Next month Fuji Heavy Industries Ltd.'s Subaru unit plans to begin a recall of 633,800 of its 2006-2011 models equipped with "puddle" courtesy light systems that could short circuit and cause a fire.

Global Car Market to Grow Modestly, Ghosn Predicts

1/3/2013

Renault-Nissan CEO Carlos Ghosn tells reporters he expects the auto industry's worldwide sales to rise 3%-4% this year to a record 82 million units.

Trust to Sell GM Shreveport Plant to Minivehicle Maker

1/3/2013

Elio Motors Inc. has agreed to buy a former General Motors Co. assembly plant near Shreveport, La., for an undisclosed amount.

ZAP Jonway Fires Chairman, Executives—Probably

1/3/2013

An unspecified number of the directors of electric vehicle maker ZAP Jonway SA removed Priscilla Lu as chairman on Dec. 31.

Germany’s Auto Sales Sank 3% Last Year

1/3/2013

New-car registrations in Germany, Europe's largest car market, fell to 3.08 million vehicles in 2012 from 3.17 million the previous year, according to VDA.

Car Sales Slid 3% in Germany Last Year

1/3/2013

New-car registrations in Germany fell to 3.08 million vehicles in 2012 from 3.17 million the previous year, according to industry group VDA.

EVs, Hybrids May Capture 4% of European Market by 2020

1/3/2013

Sales of hybrids, plug-ins and electric vehicles will reach more than 827,000 units per year in Europe (4% of the total market) by the end of the decade, Pike Research LLC predicts.

U.S. Car Incentives Dropped 5% in 2012

1/3/2013

Automakers spent an average $2,210 in incentives per light vehicle sold in America last year compared with $2,320 in 2011, according to Edmunds.com.

Electrification May Capture 4% of Europe's Car Market by 2020

1/2/2013

Sales of hybrids, plug-ins and electric vehicles will reach more than 827,000 units per year in Europe (4% of the total market) by the end of the decade, Pike Research LLC predicts.