NEWS

Ford: No Plan for U.S.-Built Focus Crossover Model

9/10/2018

Ford Motor Co., which last month canceled plans to import a crossover version of its Focus small car from China, says it makes no economic sense to make the car in the U.S. instead.

Mercedes Launches Semi-Autonomous Commercial Truck

9/10/2018

Daimler AG’s Mercedes-Benz Trucks unit says its new Actros model will be the first production heavy-duty truck to include partially automated driver assistance systems when the vehicle is launched next spring.

BMW Teams with 6 U.S. Startups

9/10/2018

BMW AG’s Financial Services unit in the U.S. has selected the first six startup companies to participate in its Collaboration Lab program.

U.S. Adds Another 201,000 Jobs

9/10/2018

The U.S. created another 201,000 jobs in August, as the country’s unemployment rate remained steady at 3.9%.

Polestar to Open 60 Showrooms by 2020

9/10/2018

Volvo Car Corp.’s Polestar electric-car brand plans to open 60 vehicle showrooms worldwide by 2020.

U.K. Startup Targets Flying Taxi Launch by 2022

9/10/2018

Bristol, England-based Vertical Aerospace says it completed testing of a prototype all-electric aircraft this summer and aims to launch inter-city flying taxi services within four years.

Volvo IPO Delayed by Trade War Fears

9/10/2018

Volvo Car Corp. tells the Financial Times that it will delay a planned initial public offering until next year because of uncertainties about escalating U.S. trade fights with China and Europe.

Tesla Names President for Automotive Operations

9/10/2018

Tesla Inc. has created the new position of automotive president and appointed Jerome Guillen, 46, to fill it.

UPDATE: Toyota Plants to Reopen in Japan on Thursday

9/10/2018

Last week’s deadly earthquake in northern Japan has disrupted parts supplies to Toyota Motor Corp. and forced the carmaker to suspend domestic output of all Toyota and Lexus brand vehicles.

VW Taps Dahlheim to Head Group Sales

9/10/2018

Volkswagen AG has named Christian Dahlheim, currently sales chief for VW Financial Services, to take over as head of VW Group sales.