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Report: Per-Dealer Sales in U.S. to Dip Again
8/10/2018The average number of new vehicles sold per U.S. dealership will shrink for the third consecutive year in 2018, predicts Urban Science Inc.
Tesla’s Board Wants Funding Details on Musk's Delisting Plan
8/10/2018Tesla Inc.’s board has asked CEO Elon Musk to describe the funding he says he has “secured” to take the electric car company private, sources tell Reuters.
Chinese EV Startup Aims to Launch 9 Models by 2026
8/9/2018FAW Group’s Sitech Electric Automobile unit new Gyon brand intends to launch nine electric vehicles in China by 2026 with combined annual sales of about 400,000 units.
Mexico Reports Progress on NAFTA Talks with U.S.
8/9/2018Mexican envoys say they continue to make progress in negotiating a two-way agreement with the U.S. to update the North American Free Trade Agreement.
Amazon Debuts Alexa Developer Kit for Vehicle Infotainment
8/9/2018Amazon.com Inc. has unveiled a kit to help software developers build Amazon’s Alexa voice control feature into their vehicles’ infotainment systems.
Caddy Crossover to Get “Tripower” Engine Tech
8/9/2018General Motors Co. will introduce its new Tripower engine system later this month in a 2.0-liter turbocharged 4-cylinder mill for the Cadillac XT4 crossover vehicle in China.
Korean Owners Demand Criminal Probe into BMW Fires
8/9/2018Twenty BMW owners in South Korea have filed a criminal complaint that claims the carmaker hid a defect blamed for 27 diesel fires this year, The Korea Herald reports.
India’s Motherson Sumi Acquires Interiors Supplier Reydel
8/9/2018Motherson Sumi Systems Ltd. has completed its $201 million acquisition of French-based auto interiors supplier Reydel Automotive Group.
Ferrari Teases New Supercar
8/9/2018Ferrari SpA plans to unveil a new model next month at the company’s headquarters in Maranello, Italy.
U.S. Fuel Demand Takes a Sudden Dip
8/9/2018Demand for gasoline in the U.S. unexpectedly fell sharply last week, the U.S. Energy Information Administration reports.