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FCA to Close Viper Plant
7/12/2017Fiat Chrysler Automobiles NV will permanently shutter its Conner plant in Detroit on Aug. 31 as the facility ends hand-built production of the Dodge Viper sports car.
China’s Car Fleet Grows to 205 Million Units
7/12/2017China has 205 million passenger vehicles on the road—and 328 million licensed drivers to operate them, the Ministry of Public Security reports.
Self-Driving Cars May Cut U.S. Insurance Claims 90% by 2050
7/12/2017Equipping cars to drive themselves could slash the frequency of crashes by 90% and reduce annual insurance payouts 71% (about $137 billion per year) by 2050, says KPMG LLP.
UAW Petitions for Union Vote at Nissan Plant in Mississippi
7/12/2017The United Auto Workers union has requested a vote about representing workers at Nissan Motor Co.’s assembly plant in Canton, Miss.
Owner Loyalty Highest for SUV/Crossovers
7/12/2017SUVs and crossover vehicles command significantly greater owner loyalty in the U.S. than any other body style, according to market researcher IHS Markit Ltd.
Tesla Staffs Up to Service Model 3 EVs
7/11/2017Tesla Inc. plans to expand its ability to service its electric cars by adding 100 service centers, 350 mobile repair vans and 1,400 technicians worldwide over the next 12 months.
BMW Workers in U.K. Accept Pension Offer
7/11/2017BMW AG workers at four manufacturing sites in England have overwhelmingly accepted the company’s updated offer to transition them to a defined contribution pension plan.
New Toyota Venture Capital Unit Targets Tech Startups
7/11/2017Toyota Motor Corp. is launching a new Silicon Valley-based venture capital subsidiary, called Toyota AI Ventures, to support startup companies that specialize in artificial intelligence, robotics, autonomous vehicles and big data/cloud technologies.
London "Black Cab" Maker Debuts Electric Taxi
7/11/2017London Taxi Co., the maker of iconic British “black cabs,” has formally launched its all-electric TX5 model.
Another 2.7 Million Takata Airbag Inflators Recalled in U.S.
7/11/2017Airbag supplier Takata Corp. has been ordered to recall an additional 2.7 million airbag inflators in the U.S. that could explode and injure or kill vehicle occupants.