NEWS

Tesla Autopilot Gains Lane-Changing, Nav Capabilities

10/29/2018

Tesla Inc. is updating its semiautonomous Autopilot system to include lane-changing and highway guidance capabilities.

GM Backs Gradual Hike in Fuel Economy Rules

10/29/2018

General Motors Co. claims the sharp increases in fuel economy currently required by federal rules are neither feasible nor practical, but the company does favor a gradual improvement.

Dana Posts Sales, Profit Gains

10/29/2018

Dana Inc.’s third-quarter net income soared 38% to $95 million, and sales rose 8% to nearly $2 billion.

Austria Adds EV Driving Incentives

10/29/2018

The Austrian government is offering drivers of electric vehicles free parking and access to bus lanes.

Stock Prices Rise as China Ponders Tax Cut for Cars

10/29/2018

Stock prices for carmakers worldwide are climbing on news that China’s central government may again lower its new-car purchase tax to stimulate sales, Bloomberg News reports.

Ford to Pass on Geneva Auto Show

10/29/2018

Ford Motor Co. will not have a display at next year’s Geneva auto show.

Mazda Widens Recall for Takata Airbag Inflators

10/29/2018

Mazda Motor Corp. is recalling another 155,800 vehicles in the U.S. to replace explosion-prone Takata Corp. airbag inflators.

Tenneco to Close 2 N. American Plants

10/29/2018

Lake Forrest, Ill.-based Tenneco Inc. plans to close its manufacturing facilities Georgia and Ontario by the second quarter of 2020.

U.S. Justice Dept. Accelerates Probe Into Tesla Production Claims

10/29/2018

A criminal probe by the U.S. Dept. of Justice into Tesla Inc.’s production claims about its Model 3 electric sedan is intensifying, according to The Wall Street Journal.

Faurecia, Wuling Launch Partsmaking Venture in China

10/29/2018

Faurecia SA and Liuzhou Wuling Automotive Industry Co. have formed a company to supply automotive emission control systems in China.