NEWS

U.S., Mexico May Be Near Trade Deal on NAFTA

7/31/2018

Mexico and the U.S. reportedly are close to a deal on revised rules for cars sold under the North American Free Trade Agreement.

Cummins Recalls 500,000 Commercial Diesels for NOx Emissions

7/31/2018

Cummins Inc. is launching what regulators describe as the largest U.S. recall ever involving faulty emission controls in diesel-powered commercial trucks.

BMW Battles Mystery Fires in S. Korea

7/31/2018

BMW AG is struggling to clarify why at least 30 of its cars have caught fire on motorways in South Korea this year, most of them diesel-powered 5 Series sedans.

VW Names It First COO

7/31/2018

Volkswagen AG’s VW brand has named Ralf Brandstaetter to the newly created position of chief operating officer.

Report: Ford May Add Mini Pickup in U.S.

7/31/2018

Ford Motor Co. is developing a replacement for its Fiesta-based subcompact Courier pickup truck that could reach the U.S. by 2020.

Honda Posts Sales, Profit Gains

7/31/2018

Honda Motor Co. reports hefty gains in sales and earnings for its fiscal first quarter ended June 30.

Aston Martin SUV May Get Mercedes 6-Cylinder Engine

7/31/2018

Aston Martin Holdings Ltd.is considering using a Mercedes-Benz-sourced 6-cylinder engine for its upcoming DBX crossover/SUV.

BMW to Open Hungary Plant

7/31/2018

BMW AG is investing €1 billion to build an assembly plant in Hungary with capacity to make 150,000 vehicles per year.

Renault-Nissan-Mitsubishi Defends Global Sales Crown

7/31/2018

Vehicle deliveries by the Renault-Nissan-Mitsubishi alliance grew 5% in the first half of 2018 to 5.54 million units to outsell all rivals.

“Perfect Storm” Cuts Car Production in U.K.

7/31/2018

British production of cars shrank 5% in June, dragged down by a one-time 47% drop in output for the domestic market, the Society of Motor Manufacturers and Traders reports.