NEWS

FCA Drops Monthly Sales Reports in U.S.

5/2/2019

Fiat Chrysler Automobiles says it will join U.S. rivals General Motors and Ford switching from monthly to quarterly sales reports this year.

UPDATE: U.S New-Car Sales Sag Again

5/1/2019

Passenger vehicle sales in the U.S. slipped 2% to 1.32 million units in April, in spite of an extra selling day.

Federal Reserve Leaves Interest Rate Unchanged

5/1/2019

As expected, the U.S. Federal Reserve voted unanimously today not to change its benchmark interest rate from the current 2.25%-2.5%.

Nissan to Drop 370Z Roadster

5/1/2019

Nissan Motor Co. tells Motor Authority it will discontinue the roadster version of its rear-wheel-drive 370Z sports car after the 2019 model year.

Volvo Launches Online Buying Service in U.K.

5/1/2019

Volvo Car Corp. has begun testing an upscale, online car buying service in the U.K.

FCA Seeks $160 Million in Aid for Detroit Plant Projects

5/1/2019

Fiat Chrysler Automobiles NV says it is angling for $160 million in state and local incentives to help pay for a $2.5 billion overhaul of two factories in metro Detroit.

Diesel’s Dominance in SUVs Wanes in India

5/1/2019

Carmakers say gasoline engines will rapidly replace diesels as the dominant power source for SUVs sold in India, The Economic Times reports.

Tesla Sued Over Fatal Crash of Car in Autopilot Mode

5/1/2019

Tesla Inc. has been sued by the family of a California man whose Tesla Model X crossover vehicle crashed into a highway barrier last year while the car was operating in semi-autonomous Autopilot mode.

Kia to Add Small AWD Crossover in U.S.

5/1/2019

Kia Motors Corp. is developing a compact crossover with all-wheel drive for its U.S. lineup.

Novelis Touts Aluminum EV Battery Case

5/1/2019

Atlanta-based Novelis Inc. says it has developed the industry’s first battery case made from sheet aluminum.