NEWS

Honda’s Electric City Car Takes Shape

2/27/2019

Honda Motor Co. says the all-electric E Prototype small car it will introduce at next week’s Geneva auto show is 95% production ready.

Geely to Launch 5G Connected Cars in 2021

2/27/2019

China’s Geely Automobile Holding Co. says it will offer vehicle-to-everything communications in production vehicles starting in 2021.

Polestar Unveils Electric Fastback

2/27/2019

Volvo Car Corp.’s Polestar electric vehicle unit unveiled its second model, the Polestar 2 compact sedan, ahead of its public debut at next week’s Geneva auto show.

Hyundai to Hike 5-Year Spending 58% to $40 Billion

2/27/2019

Hyundai Motor Co. plans to spend 45.3 trillion won ($40 billion) over the next five years on research and development, capital expenditure and emerging technologies and services.

Local Assembler May Buy Ford Truck Plant in Brazil

2/27/2019

Brazilian carmaker CAOA is negotiating to buy Ford Motor Co.’s truck plant in Sao Paulo that is slated to close later this year.

Luxury Car Sales Hit New High in India

2/27/2019

Demand for luxury cars set a record-high 40,700 units in 2018, but growth slowed sharply to 3%, according to company data.

FCA Will Cut 1,400 Jobs in Illinois

2/27/2019

Fiat Chrysler Automobiles NV says it will drop one of three shifts at its Jeep factory in Belvidere, Ill., in May, eliminating almost 1,400 jobs.

Opel Brand to Return to Russian Market

2/27/2019

PSA Group plans to relaunch the Opel brand in Russia with a mix of imported and perhaps locally produced models.

Canadian Labor Board Rules Unifor Strikes Against GM Unlawful

2/26/2019

Union walkouts to protest General Motors Co.’s plan to close its assembly plant in Oshawa, Ont., were unlawful, the Ontario Labor Relations Board has ruled.

VW to Invest $1.7 Billion in Ford’s Argo Unit?

2/26/2019

Volkswagen AG has tentatively agreed to invest about $1.7 billion in Ford Motor Co.’s Argo autonomous-vehicle unit, sources tell The Wall Street Journal.