NEWS

NHTSA Confirms Newer Vehicles Are Safer

5/11/2018

Newer passenger vehicles do a better job of protecting occupants than older models, government data confirms. But the research doesn’t say why.

Mazda Chooses Akira Marumoto as Its New CEO

5/11/2018

Akira Marumoto, who heads Mazda Motor Corp.’s Americas region, will take over as the company’s president and CEO on June 26.

MIT Team Develops Mapless Navigation for Autonomous Cars

5/10/2018

MIT researchers are developing software that would enable autonomous vehicles to operate on unmarked roads without requiring intensive 3D mapping of the area.

Audi Drops Detroit Auto Show

5/10/2018

Audi AG has joined BMW and Mercedes-Benz in opting out of next January’s Detroit auto show.

Daimler Recalls ForTwo Minicars for Engine Fire Risk

5/10/2018

Daimler AG is recalling 42,800 of its Smart ForTwo two-seat minicars in the U.S. to replace material under the hood that could overheat and catch fire.

Geely Ponders IPO for Volvo Cars

5/10/2018

Zhejiang Geely Holding Group Co. is analyzing a plan to launch an initial public offering later this year for its Volvo Car unit, sources tell Bloomberg News.

$7.2 Billion Rescue Plan Finalized for GM Korea

5/10/2018

General Motors Co. has finalized a $7.2 billion plan to avert bankruptcy for its ailing GM Korea unit.

Malaysian Contractor to Assemble BMW Engines

5/10/2018

Malaysia’s Sime Darby Motors has opened a 91,500-sq-ft manufacturing facility in partnership with BMW AG to assemble engines for the German carmaker’s operations in southeast Asia.

Ford Insists It’s Not Giving Up on Cars

5/10/2018

Ford Motor Co. Chairman Bill Ford tells shareholders the company’s decision to cut sedans from its U.S. lineup is intended to help the company reinvent the American car, not retreat from the car market.

Car Sales in India Climb 8%

5/10/2018

April new-car wholesales in India climbed 8% to 298,500 units in April, reports the Society of Indian Automobile Manufacturers.