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Toyota: Fuel Cell Car Prices to Reach Parity with Hybrids by 2025
10/26/2017Toyota Motor Corp. predicts fuel cell-powered cars will cost the same as an equivalent hybrid model by 2025.
Nissan Will Replace Renault in Formula E Racing Series
10/26/2017Nissan Motor Co. will join the Formula E electric race car series for the 2018-2019 season as alliance partner Renault SA leave to focus on the Formula One circuit.
VW’s Hourly Workers in Germany Ask for 6% Pay Hike
10/26/2017IG Metall, Germany’s largest labor union, is demanding a 6% increase in base pay for its 120,000 Volkswagen workers in the country.
Environmental Groups Push Ford, VW to Honor U.S. Fuel Economy Plan
10/26/2017Several U.S. environmental groups are coordinating an effort to pressure carmakers—beginning with Ford and Volkswagen—to make good on their previous commitments to meet fuel economy standards set during the Obama administration.
Lear Hikes Outlook as Revenue Rise 10%
10/26/2017Lear Corp.’s third-quarter revenue grew 10% to $5 billion and net income soared 38% to $295 million.
Ford Recalls Transit Vans for Multiple Electrical Problems
10/25/2017Ford Motor Co. is calling back 73,400 Transit vans in the U.S. and Canada that were equipped with a flawed trailer tow module that could trigger a multitude of electrical issues.
Asian Brands Dominate RepairPal Reliability Rating
10/25/2017Nine of the top 10 U.S. vehicle brands in terms of repairs are Asian, according to an analysis by RepairPal Inc.
Subaru Concept Previews Next-Gen WRX
10/25/2017Subaru Corp. says the Viziv Performance Concept it unveiled Wednesday at the Tokyo auto show signals the design of future production models, which analysts believe will start with the next-generation WRX sports sedan due in 2020.
Toyota: Brexit “Fog” Threatens U.K. Plant
10/25/2017Toyota Motor Corp. warns that its factory in England will be in jeopardy if the country continues to dither over access to European markets after the U.K. exits the European Union, Reuters reports.
VW Denies Role in Alleged Price-Fixing Cartel
10/25/2017Volkswagen AG CEO Matthias Mueller declares the company didn’t fix prices or participate in an alleged cartel of German carmakers to do so.