NEWS

Ford Predicts “Bumpy Ride” in China This Year

2/16/2018

Ford Motor Co. is rushing to revamp its operations in China after an 18% sales drop in January and the unexpected departure of the CEO of Ford China after just five months on the job.

Global Car Sales Head for Record High

2/16/2018

Worldwide sales of cars and light-duty trucks are likely to climb 2% to a record 97.3 million units this year, says LMC Automotive.

AvtoVAZ Trims Losses

2/16/2018

A rebounding car market in Russia helped industry leader OAO AvtoVAZ shrink its net loss last year by 78% to 9.7 billion rubles ($172 million).

Skoda Workers Prepare for Strike in Czech Republic

2/16/2018

Union workers at Volkswagen AG’s Skoda factories in the Czech Republic have rejected an initial contract offer and are threatening to strike.

Plastic Omnium’s Revenue, Profits Soar

2/15/2018

Plastic Omnium SA reports its 2017 revenue rose 15% to €8 billion ($10 billion), and net profit surged 36% to €425 million ($531 million). 

Fire Hazard Prompts Toyota, Lexus Recalls

2/15/2018

Toyota Motor Corp. is launching a pair of recalls in the U.S. to fix fuel leaks that could cause an underhood fire.

Toyota Exec: Automated Ride-Hailing Could End Mass-Market Cars

2/15/2018

The rise of self-driving, on-demand shuttles eventually will eliminate demand for mass-market cars, Toyota Motor Corp. design chief Simon Humphries tells Reuters.

VW Studying Apple for EV Design Inspiration

2/15/2018

Volkswagen AG’s namesake brand is using Apple Inc.’s smartphones and other devices as styling benchmarks for upcoming electric vehicles.

Bimmer Electric Roadster Tops $160K in U.S.

2/15/2018

The roadster version of BMW AG’s i8 plug-in hybrid supercar will start at $164,300 in the U.S., making it the most expensive model in the carmaker’s lineup.

Car Sales Climb 7% in Europe

2/15/2018

January deliveries of new passenger vehicles across Europe rose 7% to 1.3 million units, according to industry association ACEA.