NEWS

India Hikes Taxes on Big Cars, SUVs

8/30/2017

India’s cabinet has approved a measure that would increase the maximum sales tax on luxury vehicles and SUVs to as much as 53%.

ZF Sells Body Control Business to Chinese Electronics Firm

8/30/2017

ZF Friedrichshafen AG is selling its Global Body Control Systems business unit—including its radio frequency electronics operations—to Luxshare Ltd., a Hong Kong-based company that specializes in consumer and industrial electronics components.

Cummins Unveils Electric Heavy-Duty Truck

8/30/2017

Cummins Inc. took the wraps off an all-electric heavy-duty concept truck this week at the company’s technical center in Columbus, Ind.

Toyota Invests in SE Asia’s Grab Ride-Hailing Service

8/30/2017

Toyota Motor Corp. has joined a $2.5 billion financing round by GrabTaxi Holdings Pte Ltd., a Singapore-based ride-hailing startup.

Hyundai Resumes Production in China

8/30/2017

Hyundai Motor Corp. has relaunched production at its four factories in China after resolving a supplier issue that forced the plants to shut down on Tuesday, The Nikkei reports.

VW Recalls 280,900 Cars for Fuel Pump Controller Failures

8/30/2017

A balky fuel pump control module has prompted Volkswagen AG to announce plans to recall 280,900 cars in the U.S.

Flooding Halts FCA Minivan Production in Canada

8/30/2017

Two days of heavy rains in Ontario forced Fiat Chrysler Automobiles NV to idle its minivan plant in Windsor, Ont. late Tuesday.

BMW Adds Sport Model of i3 Electric City Car

8/29/2017

BMW AG is adding a sport version of its i3 electric city car that sports a more aggressive fascia, slightly lower and wider track and more powerful motor.

Denmark Ponders Slashing Car Tax—to 100%

8/29/2017

Denmark, which currently levies registration fees on cars as great as 180% of their price, may lower the cap to a mere 100%, Bloomberg News reports.

Honda EV to Debut in Frankfurt

8/29/2017

Honda Motor Co. will take the wraps off its Urban EV concept model next month at the Frankfurt auto show.