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Genesis Shows Fuel Cell-Powered Crossover Concept
4/13/2017Hyundai Motor Co.’s Genesis unit previewed the luxury brand’s first crossover vehicle with the fuel cell-powered GV80 Concept model at this week’s New York auto show.
Lyft Gets $600 Million Infusion
4/13/2017Ride-hailing service Lyft Inc. has secured $600 million in new funding, which analysts say increases the San Francisco-based company’s market value to $7.5 billion.
Toyota Hints at Production Version of FT-4X Crossover
4/13/2017Toyota Motor Corp. hints that it may develop a production version of the FT-4X subcompact crossover it unveiled at the New York auto show this week.
New-Vehicle Wholesales Rose 4% in China
4/13/2017Producers in China wholesaled 2.54 million vehicles in March, up from 2.44 million in the same month in 2016, says the China Assn. of Automobile Manufacturers.
Ford Sales in China Slide 19%
4/13/2017Ford Motor Co. reports its vehicle sales fell 21% to 90,500 units in March and 19% to 255,300 units through the first three months of 2017.
VW to Add Second SUV at Tennessee Plant
4/13/2017Volkswagen AG says it will add a second, smaller SUV/crossover at its assembly plant in Chattanooga, Tenn. But it didn't indicate when.
GM to Cut U.S. Production at Several Plants
4/12/2017General Motors Co. says it will eliminate 10 weeks of production this summer by idling multiple unspecified factories in North America to retool for next-generation pickup trucks and other models.
Mercedes Weighs Diesel’s Future in U.S.
4/12/2017The head of Daimler AG’s Mercedes-Benz Cars in the U.S. says the American unit hasn’t yet decided whether to continue offering diesel-powered vehicles.
Report: Maserati Will Move Its U.S. HQ to Suburban Detroit
4/12/2017Fiat Chrysler Automobiles NV will relocate the U.S. headquarters of its Maserati brand from Englewood Cliffs, N.J., to the former Chrysler Museum building within FCA’s Chrysler headquarters complex in suburban Detroit, sources tell Automotive News.
Lincoln Overhauls Navigator with High Tech and a New Face
4/12/2017Ford Motor Co. has moved its big Lincoln Navigator SUV further upscale with more luxurious appointments, advanced technologies and a regal face for the 2018 model year.