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Volvo Vows to Double Sales by 2025
6/7/2018Volvo Car Corp.’s new business plan sets goals of doubling unit volume and hiking profit margins 50% in seven years, in part through increased sales to ride-hailing fleets.
Hyundai, Xevo Show Prototype In-Car Purchasing Platform
6/7/2018Hyundai Motor Co. and Bellevue, Wash.-based software developer Xevo Inc. showed a prototype of their in-car payment platform on Wednesday in Detroit.
Daimler Unveils Two Electric Commercial Trucks for U.S.
6/7/2018Daimler AG is preparing to launch two all-electric commercial trucks in North America in 2021.
Malaysia Takes Control of Takata Recalls
6/6/2018Malaysia’s government is stepping in to force owners of cars with explosion-prone Takata airbags to get their vehicles fixed.
Car Sales Drop 6% in Germany
6/6/2018New-car registrations in German declined to 305,100 units in May, the country’s KBA vehicle authority reports.
GM’s Ammann Quits Lyft’s Board
6/6/2018General Motors Co. President Dan Ammann is quitting the board of ride-hailing service Lyft Inc.
VW to Idle Wolfsburg Plant in Switch to New Emission Test
6/6/2018Volkswagen AG has alerted workers at its main factory in Wolfsburg that the facility will face temporary shutdowns this summer as it switching to making vehicles that satisfy new emission test standards.
U.S. House Panel Wants to See Report on VW Diesel Reforms
6/6/2018A U.S. House of Representatives panel is demanding access to a report that criticizes Volkswagen AG’s progress in changing its compliance culture to avoid another emission cheating scandal.
Toyota to Supply Fuel Cell Trucks and Generators to 7-Eleven Stores in Japan
6/6/2018Next year, 7-Eleven convenience stores in Japan will begin testing the use of fuel cell-powered generators and fuel cell delivery trucks provided by Toyota Motor Corp.
Redesigned BMW X5 Gets Interior Makeover
6/6/2018BMW AG's redesigned X5 SUV/crossover vehicle is slightly larger than its predecessor and features an all-new interior and a host of advanced technologies.