NEWS

U.S. Dealer Inventories Hit 7-Month High

12/17/2018

Dealer supplies of unsold new cars in the U.S. in early December reportedly crept to a seven-month high of 4.06 million units.

Report: France May Tout Michelin CEO to Replace Ghosn at Renault

12/17/2018

The French government, which owns 15% of Renault SA and controls two of its board seats, may recommend that embattled Chairman Carlos Ghosn be replaced by Michelin & Cie.

Hope Fades for U.S. Autonomous-Vehicle Law

12/17/2018

The lame-duck 115th Congress has failed to pass legislation this year that would set rules for testing and deploying self-driving cars in the U.S.

Renault Urges Nissan Shareholder Meeting on Ghosn Crisis

12/17/2018

Renault SA has asked Nissan Motor Co. to convene a general shareholder meeting as soon as possible to discuss indictments against the Japanese carmaker and the future of two Nissan board members appointed by Renault.

Toyota Recalls 143,000 Trucks and SUVs

12/14/2018

Toyota Motor Corp. is launching two worldwide recalls to fix faulty airbag and braking systems in nearly 143,000 pickup trucks and SUVs. More than 90% of the vehicles were sold in the U.S.

Ghosn Probe Zeros in on Special “CEO Reserve” Fund

12/14/2018

Nissan Motor Co. is looking at possible abuse of an internal fund set up to pay for personal expenses and residences used by ex-Chairman Carlos Ghosn and his family, sources tell Reuters.

Denso Opens Electronics Plant in Tennessee

12/14/2018

Denso Corp. has opened a factory in Maryville, Tenn., to produce next-generation inverters for electric vehicles.

Ford to Test Focus-Based Pickup

12/14/2018

Ford Motor Co. is moving forward with plans for an all-new compact pickup truck that is expected to bow in 2021.

BMW Debuts Premium Ride-Hailing Service in Chengdu

12/14/2018

BMW AG is using 5 Series sedans to debut its premium-level Ride-Hailing service in Chengdu, China.

Report: Aston Martin Developing Inline-6 Engine

12/14/2018

Aston Martin Holdings Ltd. is developing an inline-six engine that will replace the twin-turbo 4.0-liter V-8 engine the British company sources from Mercedes-AMG, sources tell Autocar.