NEWS

Kia e-Niro EV Nabs European Car of the Year Award

1/23/2019

The all-electric variant of Kia Motors Corp.’s Niro crossover vehicle was named Car of the Year by U.K. magazine What Car?

Volvo Recalls 219,000 Cars to Fix Cracked Fuel Lines

1/23/2019

Volvo Car Corp. is recalling 11 models to replace high-pressure fuel lines that could develop cracks and leak.

Global Sales of Leaf EV Nearly Double

1/23/2019

Nissan Motor Co. says worldwide sales of its Leaf electric car surged 93% to nearly 89,400 units in 2018, thanks to a second-generation model with extended driving range, new styling and more technology.

German Auto Industry Ponders Alliance for Autonomous Tech

1/23/2019

Carmakers and several major suppliers are discussing plans to develop a single system for operating self-driving vehicles, sources tell Manager Magazin.

European Demand for EVs, Hybrids Jumps 27%

1/23/2019

Sales of electrified passenger cars surged 27% to a record 900,000 units in western Europe last year, nearly double the volume in 2016, says LMC Automotive.

Danfoss to Buy UQM

1/23/2019

Danfoss Power Solutions Co., a subsidiary of Denmark-based Danfoss AS, has agreed to purchase UQM Technologies Inc. for $100 million.

Magneti Marelli Expands U.S. Headquarters

1/23/2019

Magneti Marelli SpA plans a $13 million expansion for its North American headquarters that will add more than 100 employees.

Report: BMW-Daimler Car-Share Service to Be Called “Jurbey”

1/23/2019

BMW AG and Daimler AG will name their merged car-sharing services “Jurbey,” a source tells Reuters.

Faulty Part Idles Subaru’s Sole Plant in Japan

1/23/2019

Defective power steering components have idled Subaru Corp.’s home plant in Japan, disrupting roughly 60% of the company’s global capacity.

GM Seeks Tax Breaks on Money-Losing Plants in Brazil

1/23/2019

General Motors Co. is close to a deal on government tax incentives that will help its Brazilian plants in the state of Sao Paulo end years of operating losses, Reuters reports.