NEWS

Ferrari SUV to Get Hidden Rear Doors?

7/18/2017

Ferrari NV’s long-rumored crossover/SUV will include hidden rear doors, Autocar reports.

VW Aims to Undercut Tesla Model 3 by $7,000

7/18/2017

Volkswagen AG plans to price the production version of last year’s I.D. concept electric vehicle $7,000-$8,000 below Tesla Inc.’s upcoming $35,000 Model 3 electric car.

French Driverless-Shuttle Maker Picks Michigan Plant Site

7/18/2017

Navya Technologies, a French maker of autonomous electric shuttle buses., has selected Saline, Mich., for the site of its first North American manufacturing facility.

Tata Warns of Competitive Crisis for Its Truck Unit

7/18/2017

India’s Tata Motors Ltd. says its truckmaking operations face a “crisis situation” created by high costs, missed market opportunities and intense competition.

Lucid Motors Pursues Funding, Considers Sale

7/18/2017

Lucid Motors Inc. says it needs a fourth round of funding before moving ahead with plans to build a factory in Arizona to make electric cars.

Cutting Trade Deficits Top Trump’s NAFTA Goals

7/18/2017

The Trump administration’s top priority in modifying the 23-year-old North American Free Trade Agreement is to shrink U.S. deficits with Canada and Mexico, says U.S. Trade Representative Robert Lighthizer.

Tesla Adds Two Independent Board Members

7/18/2017

Electric car maker Tesla Inc., responding to criticism that its board is too insular, has added two outsiders to bring its number of directors to nine.

Renault Sales Up 10% in January-June

7/17/2017

Renault SA reports it sold a record 1.88 million cars and light commercial vehicles in the first half of 2017 compared with 1.70 million in the same period last year.

BMW's EV Chief Jumps to Struggling Faraday Future

7/17/2017

Struggling electric vehicle startup Faraday Future Inc. has hired Ulrich Kranz, who most recently led BMW AG’s Project i electric vehicle unit, to be its chief technology officer.

Mazda Adds Another Takata Airbag Inflator Recall in South Africa

7/17/2017

Mazda Motor Corp. is launching a new Takata airbag inflator recall in South Africa, this time targeting Mazda2 and Mazda6 sedans and RX-8 sports cars.