EU: No Sales Quotas Coming for EVs
8/8/2017The European Union tells reporters it has no interest in imposing sales quotas for electric vehicles to help accelerate their adoption.
Renault Launches Another Carmaking Partnership in Iran
8/8/2017Renault SA is launching a venture with Iran’s Industrial Development & Renovation Organization (IDRO) and a local Renault importer Parto Negin Nasheh Co. to build cars for the domestic market.
Ford’s Sales Fall 7% in China
8/8/2017Ford Motor Co. says its vehicle sales in China dropped 7% to 84,500 units in July, as shrinking demand for the company’s passenger vehicles offset a surge in commercial truck deliveries.
Mercedes AMG to Launch New “53” Series Lineup
8/7/2017Daimler AG’s Mercedes-Benz unit will launch a new designation for its AMG performance sub-brand next year with the Mercedes-AMG CLS53.
Faraday Future Shifts EV Production Plans to California
8/7/2017Struggling electric vehicle startup Faraday Future Inc. has signed a lease on a manufacturing facility in Hanford, Calif., a month after pulling the plug on a planned $1 billion plant in North Las Vegas.
Tesla Team Sets EV Driving Range Record of 670 Miles
8/7/2017A Tesla owners group says it set a new range record for a production electric vehicle by driving a Model S 100D sedan 1,078 km (about 670 miles) over the weekend on public roads in southern Italy.
Hyundai’s Genesis Luxury Brand Eager to Go Its Own Way
8/7/2017Hyundai Motor Co.’s upscale Genesis brand is eager to set up its own dealer network in the U.S. now, not over several years as originally scheduled.
Plug-in Hybrid Bimmer Roadster to Get L.A. Debut
8/7/2017BMW AG will unveil the production version of a convertible variant of its i8 plug-in hybrid sports car at the Los Angeles auto show in November.
Growth in China’s SUV Market Expected to Slow This Year
8/7/2017Growth in demand for SUV/crossover vehicles in China is likely to slow to 20% from 44% last year, says the China Assn. of Automobile Manufacturers.
Fuel Purchases Hit 2Q High in South Korea
8/7/2017Falling oil prices spurred South Korea’s consumption of gasoline and diesel fuel to climb to a second-quarter record this year, The Korea Herald reports, citing government data.