NEWS

Hyundai Aims to Merge Automated Valet, Wireless Charging

1/3/2019

Hyundai Motor Co. and its Kia Motors affiliate are developing a system that can autonomously park a vehicle and utilize a wireless charging station.

GM Names Reuss as President

1/3/2019

General Motor Co. has appointed Mark Reuss, who has headed its global product group and Cadillac brand to take over as the company’s president, effective immediately.

Volvo to Offer Driver-Facing Cameras

1/3/2019

Volvo Car Corp. will offer driver-facing, in-vehicle cameras as an option in select markets later this year.

Car Recalls in China Drop to 12 Million Units

1/3/2019

Chinese carmakers recalled about 12 million vehicles last year, down from 20 million in 2017 and 11 million in 2016.

Turkey Extends Tax Cuts on New Cars

1/3/2019

The Turkish government is extending tax cuts on cars through March to bolster the country’s sagging auto industry.

Thai Carmakers Expect No Growth in Output This Year

1/3/2019

Thailand’s auto industry expects to build 2.15 million cars this year, about the same as in 2018.

Average New-Car Prices in U.S. Top $36,000

1/2/2019

The average selling price of a new passenger vehicle in the U.S. climbed 3% to more than $36,000 last year, according to Kelley Blue Book.

Car Sales in France Plunged 15% in December

1/2/2019

New-car deliveries in France plummeted 15% last month, as “yellow vest” protests over higher fuel taxes disrupted weekend sales, trade group CCFA reports.

EVs Claim Nearly One-Third of Norway’s Car Market

1/2/2019

Sales of pure-electric cars in Norway captured 31% of the country’s entire passenger vehicle market last year, says the Norwegian Road Federation (NRF).

GM’s EV Sales Trigger Tax-Credit Phaseout

1/2/2019

General Motors Co.’s cumulative sales of electric vehicles in the U.S. reached 200,000 units in the fourth quarter of 2018, thereby triggering a one-year phaseout of federal tax credits for buyers, a source tells Reuters.