NEWS

Ford Pledges $5 Million to Advanced Mobility Test Center in Michigan

9/15/2017

Ford Motor Co. has agreed to invest $5 million in the American Center for Mobility test facility currently under construction outside Detroit.

Tesla to Unveil Electric Big Rig Next Month

9/15/2017

Tesla Inc. plans to demonstrate the all-electric commercial truck its developing on Oct. 26—about a month later than previous reports suggested the company would show the prototype. 

Demand for Pickup Trucks Surges in China

9/15/2017

Sales of pickup trucks in China are likely to jump 29% to 450,000 units this year, their best result in two years, the China Passenger Car Assn. predicts.

Mazda Targets 100% Electrified Powertrains in 15 Years

9/15/2017

Mazda Motor Corp. intends to convert all its powertrains to hybrid or all-electric systems by the early 2030s, according to Kyodo News, which cites no sources.

South Korea Boosts Plans for EV Charging Stations

9/15/2017

South Korea aims to double the number of fast-charging stations for electric cars to 3,000 by the end of next year and to 6,000 by 2020 The Korea Herald reports.

Global Car Sales Rose 3% in August

9/15/2017

Worldwide sales of light vehicles last month grew to 7.25 million units in August from 7.06 million in August 2016, LMC Automotive reports.

Renault-Nissan-Mitsubishi Alliance Vows to Double Cost Savings

9/15/2017

The Renault-Nissan alliance says new synergies will enable it to save €10 billion ($11.9 billion) by 2022, double its previous target.

Mazda Sticks with Diesel Power for Flagship SUV

9/15/2017

Mazda Motor Corp.’s new CX-8 large SUV will debut in Japan in December as a diesel-only model, even though global popularity for the engine is waning.

Report: Alphabet Ponders $1 Billion Investment in Lyft

9/15/2017

Alphabet Inc. is in discussions about investing about $1 billion in ride-hailing service Lyft Inc., sources tell Bloomberg News.

Daimler Rolls Out Battery-Powered Delivery Truck in U.S.

9/15/2017

Daimler AG has introduced its first electric commercial truck, the light-duty Fuso eCanter to the U.S. market and promises that several other electric models will follow between now and 2020.