NEWS

Japanese Cars Still Popular in SUV-Focused N. American Market

6/29/2017

U.S. consumers are clamoring for more SUV/crossovers every month. But demand for Japanese-brand cars continues to outperform the region’s conventional car market, says LMC Automotive's Augusto Amorim.

Suzuki Plans 56% Expansion of Repair Shops in India

6/29/2017

Suzuki Motor Corp. tells shareholders it will expand the number of service and repair shops it operates in India to 5,000 in 2020 from about 3,200 currently.

Investigators Add Porsche Employees to VW Diesel Cheating Probe

6/29/2017

German prosecutors in Stuttgart have opened a preliminary enquiry to determine whether employees at Porsche AG were involved in parent company Volkswagen Group’s diesel emission cheating scandal.

German Consortium Targets Low-Cost Fuel Cell Stacks

6/29/2017

Germany is launching a €60 million ($69 million) program to develop low-cost fuel cell stacks with potential commercial applications by 2020.

Ford Expands “Burnout” Feature to All 2018 Mustangs

6/29/2017

Ford Motor Co. says all 2018 Mustang pony cars will be equipped with an electric front brake lock that allows owners to perform drag racing-type brake “burnouts.”

Ex-Burger King Exec Tapped to Succeed GM HR Chief

6/29/2017

John Quattrone, General Motors Co.’s senior vice president of global human resources, is retiring Sept. 1 after a 41-year career with the carmaker.

McLaren Posts Record Sales, Profits

6/29/2017

British supercar maker McLaren Automotive Ltd. doubled sales to 3,300 cars in 2016 and hiked its pretax profit 70% to £9.2 million ($12 million). Both results were record highs.

Siemens Invests in EV Charging Operator ChargePoint

6/29/2017

Siemens AG has invested an undisclosed amount in ChargePoint Inc., the California-based operator of charging networks for electric vehicles.

Vehicle Product in U.K. Slows Again

6/29/2017

New-vehicle output by the U.K., which plunged 18% in April, sagged 10% year on year to 136,100 units in May, says the Society of Motor Manufacturers and Traders.

Carmakers Counsel Caution on NAFTA Talks

6/29/2017

Several auto industry trade groups told a public hearing in Washington, D.C., on Wednesday that U.S. negotiators should proceed very carefully when talks to update the North American Free Trade Agreement begin in mid-August.