NEWS

German Carmakers Agree to Update Software in 5.3 Million Diesels

8/2/2017

Germany’s carmakers—BMW, Daimler and Volkswagen—have agreed to update the pollution control software in some 5.3 million of their vehicles already on the road to help lower oxides of nitrogen emissions.

Ferrari’s Profits Surge 39%

8/2/2017

Ferrari NV reports its net profit in April-June climbed to €136 million ($161 million) from €97 million in the same period last year.

Hyperloop Company Conducts High-Speed Testing

8/2/2017

Los Angeles-based startup Hyperloop One (H1) has completed the second phase of testing for its high-speed transportation pod on a track in the Nevada desert.

Toyota Launches 11 Autonomous, Connected Car Initiatives

8/2/2017

Toyota Motor Corp.'s Collaborative Safety Research Center (CSRC) is launching 11 new research programs related to emerging vehicle technologies.

Tesla’s Battery Guru Quits

8/2/2017

Kurt Kelty, who headed Tesla Inc.’s battery technology for several years, has left the company, Bloomberg News reports.

Aston Martin Teases New Vantage Supercar

8/2/2017

Aston Martin Lagonda Ltd. has released a photo showing a camouflaged version of its upcoming V8 Vantage supercar due later this year.

Catching a Lyft to Amtrak

8/2/2017

A new partnership between Lyft Inc. and National Railroad Passenger Corp. (known as Amtrak, short for America’s track) will enable people to use the rail service’s customer app to access Lyft’s ride-hailing service.

Car Sales Rebound in India

8/2/2017

Car sales in India, which fell 9% in June, jumped 17% to 280,200 units in July as consumers adjusted to the debut of the country’s new goods and services tax, says the Society of India Automobile Manufacturers.

Car Sales in Canada Climb 5%

8/2/2017

New-car sales in Canada rose 5% to 181,800 units in July, according to data from DesRosiers Automotive Consultants Inc.

Toyota to Coax Creativity with Guaranteed Overtime Pay

8/2/2017

Toyota Motor Corp. proposes to coax more creativity from senior skilled employees with flexible work schedules and an extra 170,000 yen ($1,500) per month-—the equivalent to 45 hours of overtime, The Nikkei reports.