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Jailed VW Manager Says He Was Coached to Lie about Diesel Cheating
12/4/2017Oliver Schmidt, the Volkswagen AG manager found guilty of violating U.S. emission laws, says his superiors and “high-ranking” company lawyers coached him how to lie about the cheating.
FCA In Partnership Talks with Hyundai
12/4/2017Fiat Chrysler Automobiles NV says it is in talks with Hyundai Motor Co. about forming a non-equity technology alliance.
Cadillac’s Global Marketing Chief Quits
12/4/2017Uwe Ellinghaus, who took over as the head of global marketing for General Motors Co.’s Cadillac brand in 2014, has resigned, effective Jan. 31.
VW Seeking a Stake in Russian Truckmaker GAZ?
12/4/2017Volkswagen AG is discussing plans to acquire an unspecified stake in OAO GAZ, the Russian maker of light commercial vehicles, multiple sources tell Reuters.
Kumho Tire’s Former CEO Returns to Revive the Company
12/4/2017Struggling South Korean tiremaker Kumho Tire Co. has named former CEO Kim Jong-ho as its new chairman and CEO in hopes of accelerating the company’s financial turnaround.
India’s Auto Parts Industry Likely to Double by 2021
12/1/2017India’s auto parts industry is on track to more than double in annual sales to $115 billion by 2021, according to the Automotive Component Manufacturers Assn. of India.
PSA to Produce Aisin Transmissions in France
12/1/2017PSA Group is pushing ahead with plans to assemble automatic transmissions designed by Aisin Seiki Co. after the Japanese company opted not to form a joint venture production company in France, sources tell Reuters.
New-Car Sales Advance 1% in U.S.
12/1/2017November sales of cars and light trucks in the U.S. totaled 1.39 million units compared with 1.38 million in the same month last year.
Ford Recalls Pickups, SUVs to Fix Seat Hazard
12/1/2017Ford Motor Co. is calling back 202,300 of its F-150 fullsize pickup trucks and midsize Explorer SUVs in North America to fix front seat bolts that could loosen or fall out, thereby raising the risk of injury in a crash.
Subaru to Upgrade Indiana Plant for 2019 Ascent Crossover
12/1/2017Subaru Corp. plans to spend $140 million and add 200 jobs to produce the 2019 Ascent crossover vehicle at its Lafayette, Ind., plant.