Toyota “Committed” to Aging Land Cruiser in U.S.
4/18/2019Toyota Motor Corp. has no plans to discontinue its low-volume Land Cruiser SUV in the U.S.
Trade Panel Says New NAFTA Will Hurt Sales
4/18/2019The Trump administration’s proposed successor to NAFTA will generate more than 28,000 auto-related jobs but cut annual car sales in the U.S. by 140,000 units, according to the U.S. International Trade Commission.
Daimler Suspends Car-Sharing Service in Chicago
4/18/2019Daimler AG’s Car2Go car-sharing unit has suspended operations in Chicago after more than 100 of the service’s fleet were stolen this week.
GM’s Barra Takes a Pay Cut But Out-Earns Rivals
4/18/2019General Motors Co. Chairman and CEO Mary Barra earned $21.9 million in compensation last year, down from $22 million in 2017.
VW Joins Blockchain Group for Sustainable EV Materials
4/18/2019Volkswagen AG has joined a consortium that will use blockchain technology to trace and validate “ethically sourced” minerals, including those used in lithium-ion batteries for electrified vehicles.
Germany Ponders Extending EV Incentives
4/18/2019German ministries are reviewing a proposal by the economy ministry to continue subsidies for buyers of electric cars through the end of 2020.
White House Says New NAFTA Will Spur $34 Billion Expansion
4/18/2019The Trump administration tells reporters the trade deal it reached last year with Mexico and Canada will create 76,000 U.S. auto jobs and generate $34 billion in new investments in the American auto industry.
Munoz Joins Hyundai as COO
4/18/2019Hyundai Motor Co. confirms earlier reports that it has hired former Nissan Motor Co. executive Jose Munoz to be its global chief operating officer and head of Hyundai operations throughout the Americas.
Mazda Launches Diesel-Powered CX-5 SUV in U.S.
4/18/2019After several delays, Mazda Motor Corp. is adding a diesel variant of its CX-5 SUV/crossover vehicle in the U.S.
Nissan Enlisted Govt. Help to Thwart Renault Merger
4/18/2019Last year’s efforts by Carlos Ghosn, then chairman of Nissan Motor Co. and Renault SA, to merge the two companies were being undermined by secret efforts between Nissan and the Japanese government.