NEWS

Japan Targets 32% Fuel Economy Gain by 2030

6/4/2019

Japan has announced new standards that will demand a 32% hike in fleet average fuel economy for new cars by fiscal 2030, The Nikkei reports.

Ford Drops Edge in U.K.

6/4/2019

Ford Motor Co. is discontinuing its Edge midsize crossover vehicle in the U.K.

Report: China Ponders Plan to Prune EV Industry

6/4/2019

China reportedly is studying a plan that would drastically trim the ranks of the nearly 500 companies developing or making electric cars in the country.

Jaguar Design Chief Callum Quits

6/4/2019

Ian Callum, who has headed design for Jaguar Cars Ltd. for a decade, is leaving the company on July 1.

Compact Kia Crossover Gets Herculean Name

6/4/2019

Kia Motors Corp. says it will call its upcoming compact crossover the Seltos. The name is derived from Celtos, the son of Hercules in Greek mythology.

VW to List Traton Shares on Two Exchanges

6/4/2019

Volkswagen AG says it aims to list shares in its Traton AG commercial truck unit on exchanges in Frankfurt and Stockholm.

U.S. Car Sales Slip Again in May

6/4/2019

Demand for cars and light trucks in the U.S. dipped by 5,200 units to 1.59 million vehicles last month, dragged down by shrinkage for Ford, General Motors and Honda.

High-Performance Mercedes EQE Electric Due in 2022

6/3/2019

Daimler AG plans to begin selling its sixth all-electric model, the coupe-like high-performance Mercedes-Benz EQE sedan, in 2022, Autocar reports.

Audi Mulls More Luxurious A8 Sedan

6/3/2019

Audi AG may add an ultra-high-end version of its flagship A8 large sedan in coming years.

TrueCar CEO Retires

6/3/2019

Chip Perry, who has led TrueCar Inc. since 2015, is retiring from the online car buying service.