NEWS

Tesla’s July-Sept Deliveries Rise 5%

10/2/2017

Tesla Inc. delivered 26,200 electric vehicles in the third quarter, up 5% from July-September 2016.

BMW Vows to Differentiate Z4 From Toyota Twin

10/2/2017

BMW AG says its next-generation Z4 sports car will be “absolutely unique” in terms of design and driving characteristics from Toyota Motor Corp.’s Supra, with which it will share a platform.     

Turkey to Trim Planned 40% Tax Hike on Cars

10/2/2017

The Turkish government says it will lower last week’s proposed 40% tax increase on cars in 2018 to a “reasonable” level.

Appeal Blocks Diesel Ban for Stuttgart

10/2/2017

A court-ordered ban on diesel-powered vehicles in Stuttgart that was to begin in January has been suspended pending the outcome of an appeal by the German state of Baden-Wuerttemberg.

Ford Forms Team to Hasten EV Development

10/2/2017

Ford Motor Co. has created a team to speed up the company’s electric-car programs, including looking for partners and lining up suppliers.

Autobytel Changes Name to AutoWeb

10/2/2017

Irvine, Calif.-based Autobytel Inc. is changing its name to AutoWeb, a brand acquired by the automotive marketing services company two years ago.

GM Plans to Launch 20 EVs by 2023

10/2/2017

General Motors Co. says it will launch more than 20 new all-electric models worldwide by 2023.

Bollinger Reports 10,000 Reservations for its Electric SUV

10/2/2017

Bollinger Motors LLC says it has collected 10,000 no-deposit reservations for the boxy B1 electric SUV it unveiled in July.

FCA Vows to Spin off Magneti Marelli in 2018

10/2/2017

Fiat Chrysler Automobiles NV aims to spin off its Magneti Marelli components business next year as an independent listed company, CEO Sergio Marchionne tells reporters.

Ousted CEO Kalanick Names Two Directors to Uber Board

10/2/2017

Uber Inc. founder and ousted CEO Travis Kalanick unilaterally appointed two new members to the ride-share service’s board on Friday, four days ahead of a board vote that could take away his right to do so.