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Mitsubishi Outlander Sets Plug-in Hybrid Record in Canada
12/4/2018Mitsubishi Motors Corp. sold more than 5,000 Outland PHEV SUVs in Canada through the first 11 months of 2018, which the carmaker says sets a new full-year record for a plug-in hybrid vehicle in the country.
Audi Allocates €$14 Billion for Advanced Tech through 2023
12/4/2018Audi AG plans to invest €14 billion ($15.9 billion) on electric mobility, digitalization and autonomous driving technologies over the next five years.
Toyota Takes Flak in Germany for Backing Anti-Diesel Group
12/4/2018Toyota Motor Corp. is facing mounting criticism in Germany for supporting an environmental group that has forced partial diesel bans in some of the country’s cities.
Qatar Quits OPEC Oil Cartel
12/4/2018Qatar, the world’s largest exporter of liquified natural gas, says it will quit the Organization of the Petroleum Exporting Countries in January.
BMW Predicts €1 Billion Hit from Trade War, Higher Costs
12/4/2018BMW AG says the trade war between China and the U.S., exchange rates and costlier materials will cut profits at least €1 billion ($1.1 billion) next year.
U.S. Car Sales Growth Stalls
12/3/2018Sales of new passenger vehicles in the U.S. slipped by 6,500 units to an estimated 1.39 million units last month.
White House Affirms Goal to Drop All EV Subsidies
12/3/2018The Trump administration aims to end all subsidies for electric vehicles, says Lawrence Kudlow, the president’s top economic adviser.
Report: Carmakers Face New Diesel Recalls in Europe
12/3/2018Fiat Chrysler Automobiles, Nissan, Renault and Suzuki may soon be recalling diesels because of emission concerns in at least three European countries, Bild am Sonntag says.
Nissan Panel Poised to Consider Ghosn Successor
12/3/2018The three outside members of Nissan Motor Co.’s board will convene tomorrow (Dec. 4) to discuss candidates to replace former Chairman Carlos Ghosn, according to Reuters.
Durr Names New CEO for U.S. Unit
12/3/2018Mike Boss, a 30-year paint engineering veteran from Ford Motor Co., has been named CEO of Southfield, Mich.-based Durr Systems Inc.