NEWS

January Car Sales Fall 5% in Europe

2/15/2019

Deliveries of new passenger cars skidded 5% to 1.23 million units across Europe last month, as demand dropped in the region’s top five markets.

Report: VW Closer to Investing in Ford’s Autonomous Vehicle Unit

2/15/2019

Ford Motor Co. and Volkswagen AG are nearing a possible plan to partner on the development of self-driving cars that may include a VW investment in Ford’s Argo AI startup, sources tell Bloomberg News.

Bentley Bentayga Reclaims Fastest SUV Title

2/14/2019

The new Bentley Bentayga Speed has a top speed of 190 mph, which edges out the Lamborghini Urus as the world’s fastest SUV/crossover.

Report: Ford’s CFO Will Retire at Year-End

2/14/2019

Bob Shanks, 66, who has been Ford Motor Co.’s chief financial officer since 2012, will retire by the end of this year, sources tell television business news channel CNBC.

GM Launches Electric Bike Brand in Europe

2/14/2019

General Motors Co. says it will begin selling two styles of electric bicycles in Europe this spring under its new Ariv brand.

Renault, Nissan, Mitsubishi Hail Alliance, Dodge Talk of Nissan Chair

2/14/2019

The heads of Renault, Nissan and Mitsubishi affirmed their alliance on Thursday but avoided talk of who should be Nissan's next chairman.

FCA Redlines 10 Millionth Pentastar V-6

2/14/2019

Fiat Chrysler Automobiles NV says cumulative production of its Pentastar V-6 engines has surpassed 10 million units.

Tenneco/Federal-Mogul Spinoff to be Named “Driv”

2/14/2019

The spinoff company resulting from Tenneco Inc.’s acquisition of Federal-Mogul Corp. last year will be called Driv Inc.

Honda Screens In on Tiny EV

2/14/2019

Honda Motor Co.’s latest Urban EV concept car features a large dashboard display that stretches across the passenger cabin.

Germany Narrowly Avoids Recession

2/14/2019

The German economy, which shrank by 0.2% in the third quarter of 2018, posted zero growth in October-December, according to government data.