NEWS

China to Ease EV Sales Targets

6/2/2017

China’s central government has agreed to adjust its aggressive timetable for boosting sales of electrified vehicles—but has provided no details, Reuters reports.

Study: “Passenger Economy” Will Create $7 Trillion Market by 2050

6/2/2017

Emerging autonomous vehicle systems and smart city technologies will create a new “Passenger Economy” that will grow to $800 billion in 2035 and nearly $7 trillion by 2050, according to an analysis by Intel Corp. and Strategy Analytics Inc.

New ‘Ring Speed Champ: McLaren P1 LM Hybrid

6/2/2017

McLaren Automotive Ltd. says it set a new lap record at Germany’s Nurburgring Nordschleife course with its XP1 LM prototype hybrid-electric car.

U.S. Trade Deficit Deepens

6/2/2017

America’s goods and services trade deficit widened 5% to $47.6 billion from March to April, the U.S. Dept. of Commerce says.

Audi Plans Limited-Production Autonomous Small Car

6/2/2017

Volkswagen AG’s Audi unit aims to launch a self-driving electric city car early next decade.

U.S. Judge Allows Daimler Diesel Lawsuit to Proceed

6/2/2017

A U.S. federal judge in California has ruled that a class-action lawsuit may proceed against Daimler AG and several top executives over claims they failed to disclose excessive emissions from the carmaker’s diesel engines.

Hyundai Veloster Next in Line for “N” Performance Treatment?

6/2/2017

Hyundai Motor Co. is developing a souped-up version of its next-generation Veloster sports coupe that will be marketed under the company’s new “n” sub-brand, Motoring reports.

Waymo Tests Self-Driving Truck

6/2/2017

Alphabet Inc.'s Waymo unit is expanding its autonomous vehicle development program to commercial trucks.

Daimler, BAIC to Partner on EVs in China

6/2/2017

Daimler AG and its China production partner, BAIC Motor Corp., have agreed to enable their Mercedes-Benz assembly plant in Beijing to make cars with hybrid and all-electric powertrains.

Germany Accuses Audi of Cheating on Diesel Emission Tests

6/2/2017

Germany’s transport ministry has asked Volkswagen AG’s Audi unit to recall about 24,000 A7 and A8 large diesel-powered sedans sold in Europe, claiming the cars were rigged to evade emission limits.