Parts Shortage Disrupts Audi A4, A5 Production in Germany
3/27/2017Audi AG is suspending production of its A4 and A5 sedans in Ingolstadt, Germany, for four days this week because of a parts shortage, according to news agency Deutsche Presse-Agentur.
AC Cars Group Buys Zenos Assets
3/27/2017A group led by U.K.-based AC Cars Ltd. has acquired the assets to struggling British carmaker Zenos Cars Ltd., including the rights to the Zenos name.
Report: AvtoVAZ to Quit Moscow Stock Exchange
3/27/2017Russia’s largest carmaker, OAO AvtoVAZ, intends to delist from the Moscow Exchange later this year, sources tell Reuters.
Aston Martin Readies £530 Million Bond Offer
3/27/2017Aston Martin Lagonda Ltd. plans a £530 million ($668 million) bond offer to refinance debt and pay for new and updated models.
Google Mapping Cars Help Detect Methane Leaks
3/27/2017Google Inc. is partnering with researchers from Colorado State University (CSU) and consumer advocacy group Environmental Defense Fund on a project that uses four of the tech company’s Street View camera cars to assess methane leaks in U.S. cities.
Ford Cuts Inventories 20% in U.S.
3/27/2017Ford Motor Co. has reduced its U.S. dealer inventories of unsold cars to a 78-day supply this month from 98 days at the end of February, Automotive News estimates.
OPEC Urges Oil Producers to Heed Vow to Cut Output
3/27/2017Oil prices will remain depressed unless producers make good on last November’s pledge to trim output, the Organization of the Petroleum Exporting Countries warns.
Hyundai Idles Factories in China
3/27/2017Hyundai Motor Corp. is suspending car production at all four of its assembly plants in China for one week, apparently to trim dealer inventories of unsold cars.
California Challenges Trump on Emission Rules
3/27/2017The California Air Resources Board has approved the same U.S. carbon dioxide emission targets now under review by the Trump administration that would require passenger vehicles to average more than 50 mpg by 2025.
Uber Suspends Tests after Self-Driving Car Crashes
3/27/2017Uber Technologies Inc. has suspended tests on public roads of self-driving vehicles after one of its specially equipped Volvo XC90 cars was involved in a crash in Tempe, Ariz.