NEWS

Mercedes Unveils X-Class Pickup Truck

7/19/2017

Daimler AG’s Mercedes-Benz unit on Tuesday night took the wraps off its first pickup truck, the midsize X-Class, at an event in Cape Town, South Africa.

Hyundai Set to Open Fifth Assembly Plant in China

7/19/2017

Hyundai Motor Co. will launch production at its fifth Chinese assembly plant in August.

GM Joins Backers of Nauto AI Startup

7/19/2017

General Motors Co. is the latest carmaker to invest in Nauto, a Palo Alto, Calif.-based developer of artificial intelligence software for autonomous vehicles.

PSA Balks at Supplier Bailout Scheme

7/19/2017

PSA Group says it won’t participate in a €15 million ($17 million) bailout proposed by the French government to aid a small supplier of brackets and other stamped metal parts.

Honda to Source SUVs for Europe from Japan

7/19/2017

Honda Motor Co. will tap unused production capacity in Japan to supply the European market with its compact CR-V and subcompact HR-V crossover vehicles.

Porsche May Drop Diesel Options

7/18/2017

Porsche AG says its current family of diesel engines may be the brand’s last as it shifts to gasoline-electric hybrid and all-electric options.

Baidu Adds Microsoft to Apollo Alliance

7/18/2017

Microsoft Corp. has joined Baidu Inc.’s alliance to support the Chinese company’s Apollo open-source platform for autonomous vehicles.

Study: German Ban on Combustion Engines Could Jeopardize 600,000 Jobs

7/18/2017

More than 600,000 jobs could be threatened in Germany if the country acts on a proposal to require zero-emission vehicles by 2030, the Munich-based Ifo Institute forecasts.

Daimler Recalls More Than 3 Million Diesels in Europe

7/18/2017

Daimler AG says it will spend €220 million ($254 million) to modify more than 3 million of its diesel engines in Europe to reduce their emissions of nitrogen oxides.

Harley-Davidson’s Revenue, Income Drop

7/18/2017

Harley-Davidson Inc.’s net income for January-March fell 26% to $186 million as retail sales of its iconic motorcycles slipped 4% to 55,000 bikes.