NEWS

Entry-Level Jag to Start Under $40,000

6/22/2017

Jaguar Ltd. says its upcoming E-Pace compact crossover/SUV will have a base price of $39,600 when it’s launched in the U.S. early next year.

Harley-Davidson May Bid for Rival Ducati

6/22/2017

Milwaukee-based Harley-Davidson Inc. is preparing a bid for Italian motorcycle maker Ducati Motor Holding SpA., sources tell Reuters.

Car Sales Continue to Climb in Australia

6/21/2017

Car sales in Australia rose 6% year on year to a record 102,900 units in May, the country’s statistics bureau reports.

U.S. Says No Deadline on New NAFTA Deal

6/21/2017

The U.S. could update the North American Free Trade Agreement with Mexico and Canada by year-end, but it says there is no formal deadline for a new deal.

Volvo Bullish About Exceeding 2020 Sales Goal

6/21/2017

CEO Hakan Samuelsson says Volvo Car Corp. “probably” will surpass its goal of selling 800,000 vehicles worldwide by 2020.

Ransomware Discovery Halts Honda Assembly Plant

6/21/2017

Honda Motor Co. says it suspended production at its assembly plant in Sayama, Japan, earlier this week after discovering some of the facility’s computers were infected by ransomware.

Hyundai, Kia Capture Top Two J.D. Power Quality Ratings

6/21/2017

Kia Motors Corp. has topped J.D. Power’s Initial Quality Study for the second consecutive year. Second place goes to Hyundai Motor Co.’s Genesis luxury brand. Hyundai owns Kia.

Volvo to Relaunch Polestar as a Stand-Alone EV Brand

6/21/2017

Volvo Car Corp. will relaunch its Polestar performance unit as a separate brand that markets high-performance electrified vehicles under its own name.

Ferrari V-8 Repeats as International Engine of the Year

6/21/2017

For the second straight year, Ferrari’s 3.9-liter twin-turbo V-8 was named the International Engine of the Year by a panel of 58 journalists from 31 countries.

Uber CEO Kalanick Resigns

6/21/2017

Embattled Uber Technologies Inc. co-founder Travis Kalanick, 40, has resigned as CEO under pressure from investors. Uber says he will remain on the company’s board.