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UAW Members Hike Pay for Senior Leadership by 31%
6/12/2018Delegates to the United Auto Workers union’s annual convention in Detroit have overwhelmingly approved a 31% raise for their salaried international leaders.
Tesla to Cut Nearly 3,400 Salaried Staff
6/12/2018Tesla Inc. is cutting its workforce by 9%, or almost 3,400 people—virtually all of them salaried employees.
Ford Adds Hybrid Explorer SUV to Police Fleet
6/12/2018Ford Motor Co. is introducing an all-new version of its Explorer-based Interceptor Utility police vehicle with a hybrid-electric powertrain.
Porsche Launches Integrated EV Charging App
6/12/2018Porsche AG is launching a service to help owners of electrified vehicles in Europe find and process payments for battery charging stations.
Used-Car Prices Reach Record High in U.S.
6/12/2018The average price of a used car in the U.S. climbed 2% year-on-year to a record high $19,700 in the first quarter of 2018, according to Edmunds.com.
Mitsubishi Targets "Super" Growth for All-Wheel Drive
6/12/2018Mitsubishi Motors Corp. expect demand for its all-wheel-drive models will climb from 42% of sales today to 60% a decade from now.
25% Import Tariff Could Cut U.S. Car Sales by 2 Million Units
6/12/2018If President Donald Trump follows through with his threat to impose a 25% tax on all imported cars, the U.S. car market could lose 2 million sales annually.
Audi, Ballard Extend Fuel Cell Pact
6/12/2018Volkswagen AG’s Audi unit has extended its fuel cell development contract with Canada’s Ballard Power Systems Inc. to August 2022.
Miata Gets Power Boost, Other Upgrades
6/12/2018Mazda Motor Corp. is giving its MX-5 Miata coupe a mid-cycle upgrade that includes a revised engine and other enhancements.
Daimler Urges Caution In Rolling Out Self-Driving Highway Trucks
6/12/2018Daimler Trucks believes self-driving commercial trucks are at least five years away from even limited used on highways, the Financial Times reports.