Ferrari Cools on Plans to Resurrect Dino
8/21/2017Ferrari NV CEO Sergio Marchionne has downgraded the prospects for a new version of the company’s Dino sports car from a near certainty to an idea that’s being “kicked around” and debated internally.
Skoda Will Continue Quest for Emerging-Market Car
8/21/2017Volkswagen AG’s Skoda brand says it will continue to develop a low-cost entry-level car after Tata Motors Ltd. backed out of an alliance to do just that.
Hagerty Buys Classic Vehicle Car-Sharing Business
8/21/2017Traverse City, Mich.-based Hagerty Group LLC has acquired Classics&Exotics, which the company says is the only peer-to-peer car-sharing service for classic vehicles in the U.S.
Mercedes Tops 1 Million Sales of GLK/GLC Crossovers
8/21/2017Daimler AG’s Mercedes-Benz brand says cumulative sales of its GLK/GLC model have surpassed 1 million units since the compact crossover/SUV was launched 10 years ago.
China's Great Wall Plans Bid for Jeep
8/21/2017The president of China’s Great Wall Motor Co. tells Automotive News her company intends to buy Fiat Chrysler Automobile NV’s iconic Jeep brand.
U.S. Seeks Extradition of Audi Exec Linked to Diesel Cheating Scandal
8/21/2017The U.S. has requested that Germany hold a former executive with Audi AG for extradition on charges he defrauded regulators and consumers by helping to develop illegal software used to cheat on diesel emission tests.
VW Confirms Electric Microbus for 2022
8/21/2017Volkswagen AG verifies media reports last week that it will introduce a production version of its electric I.D. Buzz microbus concept.
Asset Managers Halt Investments in BMW, Daimler, VW
8/21/2017Three large international financial consulting firms have suspended investments in German carmakers by some of their funds after the EU said it was investigating possible collusion among them, according to the Financial Times.
China Rejects VW’s Use of SEAT Brand for EVs
8/21/2017Chinese regulators have refused Volkswagen AG’s request to use its SEAT brand for a new line of locally produced electric cars.
GM Taps Head of Cybersecurity to Lead Global Vehicle Safety
8/21/2017Jeffrey Massimilla, currently head of cybersecurity for General Motors Co., will expand his role next month to include global vehicle safety.