NEWS

New-Job Growth Slows in U.S.

1/5/2018

The American economy added only 148,000 jobs in December, down from a revised 252,000 created in November, according to the U.S. Dept. of Labor.

Faurecia, Accenture Target Tech for Next-Gen Interiors

1/5/2018

Faurecia SA has inked a five-year deal with Accenture plc, a New York-based professional services company, to develop products and services for future connected and autonomous vehicles.

Toyota Drops Diesel Option for Cars in Italy

1/5/2018

Toyota Motor Corp. has dropped diesel options for three models offered in Italy, where the engines accounted for only 6% of its 89,100-unit sales in 2017, Automotive News Europe reports.

Self-Driving Toyota Test Car Focuses on Sensors, Design and Production

1/5/2018

Toyota Motor Corp. says its new research vehicle is fitted with sensors with improved performance, and technology that is better integrated to the car’s design and allows for low-volume manufacturing.

U.S. Seeks Quick Fixes for S. Korea Trade Pact

1/5/2018

U.S. trade negotiators are to meet in Washington, D.C., today with their South Korean counterparts to consider revisions in the bilateral trade pact between the two countries.

Cars Sales in U.K. Drop 6%

1/5/2018

Sales of new cars in the U.K. fell an estimated 6% to 2.5 million units in 2017, according to the Society of Motor Manufacturers and Traders.

Report: Ex-CEO Kalanick to Sell Part of His Equity in Uber

1/5/2018

Travis Kalanick, co-founder of ride-hailing service Uber Technologies Inc., intends to sell about 29% of his stake in the company, sources tell Bloomberg News.

German Car Market Expanded 3% in 2017

1/4/2018

New-car sales in Germany grew 3% to 3.44 million vehicles in 2017, reports KBA, the government’s vehicle authority.

Discounts Boost Sales 8% in Spain

1/4/2018

Deliveries of new passenger vehicles in Spain climbed 8% to 1.23 million units in 2017, including a 6% gain to 102,900 units in December, according to ANFAC.

Ford, Honda and Electrified Powertrains Top Wards’ Best Engine List

1/4/2018

Electrified propulsions systems accounted for four of WardsAuto’s 10 Best Engines this year—the most in the award’s 23-year history.