GM Recalls 230,000 Vehicles to Fix Brake Defect
9/12/2018General Motors Co. is recalling 230,000 late-model vehicles in the U.S. and Canada to remove hydrogen gas from brake lines that could give the brake pedal a spongy feel.
JLR Chief Warns of “Horrifying” Brexit Outcome
9/11/2018Jaguar Land Rover CEO Ralf Speth says a failure by the U.K. to negotiate a good exit from the European Union would destroy the company’s profits and push it out of the country.
Still No Results on Canada-U.S. NAFTA Talks
9/11/2018Trade negotiators made little apparent headway today in their latest meeting about how to include Canada in a tentative deal between the U.S. and Mexico to update the North American Free Trade Agreement.
Ford Readies Hybrid Versions of European Transit Van
9/11/2018Ford Motor Co. will unveil a mild-hybrid version of its Transit commercial van and a plug-in hybrid variant of the smaller Transit Custom model later this month.
New VinFast Models Repurpose Old Bimmer Platforms
9/11/2018Vietnam-based VinFast’s first vehicles, a midsize car and SUV/crossover, will be based on BMW AG’s previous-generation 5 Series sedan and X5 crossover, respectively.
UPDATE: Volvo, Daimler Idle U.S. Plants as Hurricane Approaches
9/11/2018Volvo Car Corp. and Daimler AG have suspended operations at their newly opened assembly facilities outside Charleston, S.C., ahead of the approach of Hurricane Florence.
Judge Slams VW Defense in Diesel Cheating Lawsuits
9/11/2018The German judge handling investor complaints about Volkswagen AG’s diesel cheating scandal was bluntly skeptical today about several key elements of the company’s defense, Bloomberg News reports.
Car Wholesales in China Fell 5% in August
9/11/2018Factory shipments of new passenger vehicles in China shrank 5% to 1.7 million units in August, the China Assn. of Automobile Manufacturers reports.
Solid-State Battery Developer Lands $20 Million in Funding
9/11/2018Louisville, Colo.-based Solid Power, a startup developer of solid-state batteries for electrified vehicles, says it has closed a $20 million Series A investment round.
Penny Hughes Appointed to Chair Aston Martin
9/11/2018Penny Hughes has been named chairman of Aston Martin Lagonda Global Holdings plc ahead of the luxury marque’s planned initial public stock offering.