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U.S. Senate Tax Plan Would Retain EV Credit
11/10/2017The tax reform plan unveiled on Thursday by the U.S. Senate would maintain the current $7,500 tax credit for buyers of electric vehicles.
REPORT: Hyundai May Add 2 SUV Models at U.S. Plant
11/10/2017Hyundai Motor Co. plans to add production of its Kona and Tucson SUV/crossover vehicles at its plant in Montgomery, Ala. by 2021, sources tell the Seoul Economic Daily.
Audi to Build Test Plant for E-Diesel Fuel
11/9/2017Audi AG plans to construct a pilot facility in Laufenburg, Switzerland, to produce and test a newly developed synthetic diesel (e-diesel) fuel.
Honda Says U.K. Plant Can’t Afford 10% Post-Brexit Tariff
11/9/2017Honda Motor Co. warns it won’t be able to afford the 10% tax on cars it exports from England that will result if the U.K. fails to negotiate a better trade deal when it exits the EU in March 2019.
Devilish 5,000-hp Supercar on Tap for Dubai Auto Show
11/9/2017Four years after announcing the project, Defining Extreme Vehicles Car Industry LLC (Devel) plans to publicly unveil its 5,000-hp supercar at next week’s Dubai auto show.
Magna’s Revenue Climbs 7%, but Profits Stall
11/9/2017Magna International Inc. says its third-quarter revenue grew to US$9.5 billion from $8.8 billion in the same period last year.
Autonomy 101: Teachable Accidents
11/9/2017On the first day of a year-long pilot program in Las Vegas, Navya Technologies’ driverless shuttle bus was hit by a delivery truck.
2019 Mercedes CLS to Get L.A. Reveal
11/9/2017Daimler AG’s Mercedes-Benz unit will officially unveil the third-generation CLS-Class sedan later this month at the Los Angeles auto show.
Opel Details Turnaround Plan
11/9/2017Adam Opel AG aims to cut its sales breakeven point 30%, roll out four electrified models and achieve a positive operating margin—all by 2020.
Via Transport Expands Micro-Transit Service
11/9/2017New York City-based Via Transportation Inc. is expanding its four-year-old ride-sharing service to Arlington, Tex., and West Sacramento, Calif.