NEWS

Japanese Developer Plans Flying Motorcycle

3/25/2019

A Japanese startup hopes to begin selling a motorcycle-like “hover bike” in its home market by 2022.

Tesla Analysts Warn of Slumping Sales

3/25/2019

Another Wall Street firm is cautioning that first-quarter sales by Tesla Inc. may slip because of cooling demand for its Model 3 electric sedan.

Report: Daimler to Decide Smart’s Future by Year-End

3/25/2019

Daimler AG is losing its patience with its Smart minicar unit and may decide to pull the plug on the chronically underperforming brand by the end of the year, Handelsblatt reports.

Ricardo Software Aims to Curb Motion Sickness

3/25/2019

U.K. engineering specialist Ricardo plc is developing software to help reduce the potential for motion sickness in next-generation cars.

Jaguar Hybrid SUV May Get All-Electric Variant

3/25/2019

The new plug-in hybrid SUV/crossover vehicle being developed by Jaguar Land Rover Ltd.’s Jaguar unit may include an all-electric version.

Proton Launches Assembly JV in Pakistan

3/25/2019

Malaysian carmaker Proton Holdings Bhd and partner Alhaj Automotive are building a plant to assemble complete knock-down (CKD) vehicles outside Karachi, Pakistan.

Nissan Plans Assembly Plant in Ghana

3/25/2019

Nissan Motor Co. plans to open an auto assembly plant in Ghana by 2022 with capacity to make as many as 60,000 vehicles per year, according to The Nikkei.

Volvo: Parity on EV, Piston Car Margins by 2025

3/25/2019

Volvo Cars is “absolutely sure” its profit margins on electric cars will equal those for its internal combustion-powered vehicles by 2025, CEO Hakan Samuelsson tells Reuters.

Report: Fiat Chrysler Rejected PSA Merger Bid

3/25/2019

Earlier this year, Fiat Chrysler Automobiles NV turned down an overture from PSA Group to merge, sources tell The Wall Street Journal.

Trump Says Foreign Cars Are No Security Threat

3/22/2019

When asked by Fox Business Network today if imported foreign cars present a security risk to the U.S., President Donald Trump replied, “Well, no.”