NEWS

Marchionne Says FCA Could Be Cash Positive by June

1/16/2018

Fiat Chrysler Automobiles NV may end up with more cash than debt by mid-year, says CEO Sergio Marchionne.

BMW, Mercedes Plan to Test Car Subscription Services in U.S.

1/16/2018

BMW AG and rival Daimler AG’s Mercedes-Benz unit tell Automotive News they expect to test car subscriptions in the U.S.

Magna Touts Next-Gen Radar

1/15/2018

Magna International Inc. says its new Icon radar technology is faster, more accurate and can assess more objects than current automotive radar.

Electrified Lexus Concept Previews Flagship Crossover

1/15/2018

Toyota Motor Corp.’s Lexus unit took the wraps off a stylish and flexible concept crossover vehicle on Monday at the Detroit auto show.

BlackBerry Readies Cloud-Based Cybersecurity System

1/15/2018

Waterloo, Ont.-based BlackBerry Ltd. is developing a new cybersecurity technology that the company claims is faster and more comprehensive than current safeguards.

Ford Mulls Mach 1 Name for Electric SUV

1/15/2018

Ford Motor Co. says it may revive the Mach 1 name for an all-electric crossover/SUV the company plans to launch in 2020.

Guangzhou Automotive Plans 2019 Debut in U.S. Market

1/15/2018

China’s Guangzhou Automotive Group Co. confirms it will begin selling its GS8 midsize SUV/crossover in the U.S. by the end of next year.

Global Car Sales Climb to Record 95.3 Million Vehicles

1/15/2018

Worldwide demand for light vehicles rose 2% to a record 95.31 million units in 2017, according to LMC Automotive.

Honda Accord, Volvo XC60, Lincoln Navigator Win N. American Vehicle Awards

1/15/2018

The Honda Accord sedan, Lincoln Navigator SUV and Volvo XC60 crossover vehicle were named 2018 North American Vehicles of the Year by a panel of 60 American and Canadian automotive journalists.

Mitsubishi, Vietnam to Partner on EV Research

1/15/2018

Vietnam and Mitsubishi Motors Corp. plan to partner on the development of electric vehicles, The Nikkei reports.