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Software Snag Stalls Debut of Audi’s First Electric SUV
10/22/2018Audi AG says its new e-tron all-electric SUV will reach dealers four weeks later than expected because the company must clear a software update with regulators.
FCA Sells Magneti Marelli to Calsonic Kansei
10/22/2018Fiat Chrysler Automobiles NV has struck a deal to sell its Magneti Marelli partsmaking business to Japan’s Calsonic Kansei Corp.
Europe Poised to Approve Wi-Fi Over G5 for Connectivity
10/19/2018The European Commission is preparing to unveil draft legislation next month that would approve vehicle connectivity that uses high-speed wi-fi technology rather than next-generation cellular networks.
Gentex Quarterly Profit Jumps 23%
10/19/2018Electronic rearview mirror supplier Gentex Corp. reports its net earnings climbed to $111 million in the third quarter from $90 million in the same period last year.
Daimler Issues Second Profit Warning
10/19/2018Daimler AG has lowered its financial guidance for the second time in four months, citing recall costs and diesel emission compliance issues.
Georges to Head Bentley Americas, Again
10/19/2018Volkswagen AG’s Bentley unit has appointed Christophe Georges to head the luxury marque’s Americas operations, a job he previously held from 2007 to 2015.
Dura Automotive for Sale?
10/19/2018Driver controls supplier Dura Automotive Systems Inc. is being shopped by owner Patriarch Partners LLC in a sale that could fetch $1 billion, sources tell Bloomberg News.
Ford Teases Mystery Mustang
10/19/2018Ford Motor Co. showed a glimpse of an unidentified Mustang in a new commercial the company released this week at a dealer meeting in Las Vegas to tout future products.
Porsche Confirms Taycan Sports Wagon
10/19/2018Porsche AG says it will build a production version of the Mission E Cross Turismo electric concept vehicle that was unveiled at the Geneva auto show in March.
Lynk Reveals Concept Racer
10/19/2018Geely Automobile Holding Co.’s Lynk & Co. unit will supply cars to Cyan Racing next year for use in the FIA World Touring Car (WTC) series.