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McLaren Opens Composites Tech Center
11/15/2018McLaren Automotive Ltd. officially opened its new composites center in Yorkshire, England, this week.
Ford Slashes Vehicle Configurations
11/15/2018Ford Motor Co. is reducing the number of available order configurations on some of its top-selling models by at least 70%--and in some cases by more than 95%.
Struggling Faraday Future Pushes Ahead with IPO Plan
11/15/2018Electric-car startup Faraday Future Inc. says it aims to launch an initial public offering in 2020 in spite of escalating strife with its largest investor.
Hyundai Invests in Drone Startup
11/15/2018Hyundai Motor Co. is making an unspecified investment in Top Flight Technologies Inc., a Boston-based startup that is developing technologies for aerial drones.
JLR Tests V2X Traffic Light Tech
11/15/2018Jaguar Land Rover Ltd. is testing a vehicle-to-infrastructure system that can help motorists synchronize their speed to the timing of traffic lights.
New-Car Sales Fall 7% in Europe
11/15/2018Registrations of new passenger vehicles across Europe fell 7% to 1.12 million units in October as sales fell in all five major markets, says trade group ACEA.
PSA to Drop a Shift at Assembly Plant in Spain
11/15/2018PSA Group plans to cancel a production shift at its assembly plant in Vigo, Spain, because of sagging sales for the Peugeot 301 and Citroen C-Elysse small sedans made there.
Uber Loses $1.1 Billion in Third Quarter
11/15/2018Uber Technologies Inc. reports it lost $1.1 billion in July-September, up 20% from the previous quarter but down 27% from the third quarter of 2017.
Porsche Tops Sales Satisfaction in J.D. Power Study
11/14/2018Porsche delivered the best customer buying experience among 32 brands measured in this year’s J.D. Power U.S. Sales Satisfaction Index.
Aston Martin Shows DBX Crossover
11/14/2018Aston Martin Holdings Ltd. has released the first official images of its upcoming DBX crossover vehicle.