NEWS

Daimler Names New Chief Financial Officer

2/13/2019

Daimler AG has appointed Harald Wilhelm to its management board as its chief financial officer, effective April 1.

Lexus, Porsche Top JD Power 2019 Dependability Study

2/13/2019

Lexus has retained its top rating for the eighth consecutive year in J.D. Power’s annual U.S. Vehicle Dependability Study.

Ford Recalls 1.5 Million F-150 Trucks with Shifter Flaw

2/13/2019

Ford Motor Co. is recalling 1.5 million of its F-150 fullsize pickup trucks in North America to fix a problem that could make the transmission to abruptly downshift into first gear even when traveling at high speed.

Lambo SUV Adds 3D-Printed Parts

2/13/2019

Lamborghini SpA has begun using a pair of small 3D-printed parts in its Urus crossover vehicle.

Tesla Model 3 Tops Consumer Reports Satisfaction Poll

2/13/2019

Tesla Inc.’s Model 3 electric car was deemed the most satisfying vehicle to own last year in Consumer Reports’ annual reader survey.

Toyota Corolla Hybrid Rated at 52 MPG

2/13/2019

Toyota Motor Corp. says the Corolla hybrid compact sedan has received a 52-mpg fuel efficiency rating from the U.S.

Range Rover Gets New Engine, Mild-Hybrid Powertrain

2/13/2019

Jaguar Land Rover Ltd. is launching a new inline-six engine and Land Rover’s first mild-hybrid system in the HST performance variant of its Range Rover Sport SUV.

Losses Deepen for Akebono Brake

2/13/2019

Japan’s Akebono Brake Industry Co. Ltd. predicts it will post an adjusted net loss of 19.2 billion yen ($174 million) in the fiscal year ending March 31, citing losses in the U.S.

Japan-Backed Mapping Startup to Buy Detroit-Based Ushr

2/13/2019

Dynamic Map Platform Co. Ltd., a 30-month-old map platform developer backed by Japanese carmakers, has agreed to buy Detroit-based rival startup Ushr Inc.

GM, Amazon May Buy Stakes in Rivian EV Startup

2/13/2019

General Motors and Amazon may invest in Rivian Automotive LLC, the Michigan-based startup that hopes to launch an all-electric pickup truck in 2020, sources tell Reuters.