NEWS

AAA Study Finds ADAS-Equipped Vehicles Pricey to Repair

10/25/2018

Vehicles equipped with advanced driver assistance systems in the U.S. can cost more than twice as much to repair as models without them, according to AAA.

U.K. Vehicle Production Plunges 17%

10/25/2018

The U.K. built 127,100 vehicles in September, down 17% from the same period in 2017, the Society of Motor Manufacturers and Traders reports.

JLR Opens Factory in Slovakia

10/25/2018

Jaguar Land Rover Ltd. officially began production today at its €1.4 billion ($1.6 billion) SUV factory in Nitra, Slovakia.

Caddy Puts Performance on a Pedestal

10/25/2018

General Motors Co.’s Cadillac unit is launching “Pedestal” editions of the V-Series performance versions of its ATS coupe and CTS sedan.

Daimler’s Net Profit Slides 21%

10/25/2018

Daimler AG’s net profit in the third quarter fell to €1.8 billion ($2 billion) from €2.2 billion in the same period last year.

Report: Nvidia to Supply Self-Driving-Tech for Isuzu Trucks

10/25/2018

Isuzu Motors Ltd. reportedly is in final negotiations with Nvidia Corp. to use the California-based chipmaker’s self-driving-car technology for commercial vehicles, The Nikkei reports.

Ford Recalls 1.5 Million Focus Cars to Fix Fuel System Flaw

10/25/2018

Ford Motor Co. is calling back 1.5 million small cars in North America to fix a fuel system flaw that could cause the fuel tank to collapse.

Hyundai’s Quarterly Earnings Plunge 68%

10/25/2018

Hyundai Motor Co. reports its net profit in July-September plummeted 68% to 269 billion won ($236 million) year on year.

Commercial Truck Sales Drop 5% in Europe

10/25/2018

Demand for commercial vans, trucks and buses across Europe shrank 5% year on year to 219,600 units in September, trade group ACEA reports.

Toyota Ponders a Return of the MR2 Sports Car

10/25/2018

Toyota Motor Corp. is discussing plans to revive its mid-engine MR2 sports car—perhaps as an electric vehicle—in about 2025.