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Next-Gen Corvette a No-Go for Detroit Auto Show
12/12/2018The all-new Chevrolet Corvette won’t be revealed at next month’s Detroit auto show as had previously been speculated.
Aston Martin Revs Up Valkyrie V-12 Engine
12/12/2018Aston Martin Lagonda Ltd. has released a teaser video that indicates the naturally aspirated 6.5-liter V-12 engine for the upcoming Valkyrie hypercar will generate 1,000 hp and 546 lb-ft of torque.
Nissan to Widen Ghosn Probe
12/12/2018Nissan Motor Co. is preparing to widen its investigation into financial wrongdoing by former Chairman Carlos Ghosn to include the company’s alliance with Renault SA and its subsidiaries.
Audi Makes Schot Its Official CEO
12/12/2018Volkswagen Group’s Audi has named interim CEO Abraham Schot to become its permanent CEO on Jan. 1.
Report: Ghosn Kept List of Hidden Compensation
12/12/2018Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.
Hyundai Unveils Management Shakeup
12/12/2018Hyundai Motor Group has made several high-level executive moves it says will help the company become more agile and innovative. All assignments are effective Dec. 13.
Still No EU Accord on CO2 Limits for Cars
12/12/2018European Union member countries and the European Parliament continue to debate about future limits for carbon dioxide emissions from cars, Reuters reports.
Argentina Convicts Two Ex-Ford Officials in Torture Case
12/11/2018A court in Buenos Aires found two former executives of Ford Motor Co.’s factory guilty of aiding in the torture and kidnapping of 24 plant employees four decades ago.
Prototype Tesla Pickup May Get 2019 Reveal
12/11/2018Tesla Inc. CEO Elon Musk says a prototype of the pickup truck the company is developing may be unveiled next year.
BMW to Upgrade Munich Plant for i4 EV
12/11/2018BMW AG plans to invest €200 million ($226 million) to ready its main Munich assembly plant for the all-new i4 electric sedan, which will launch in 2021.