NEWS

Bentley Shows Stylish Electric Convertible Concept

3/8/2017

Volkswagen AG’s Bentley unit unveiled an all-electric concept convertible called the EXP 12 Speed 6e at this week’s Geneva auto show that could lead to a production model by 2021.

EC Fines Six Suppliers €155 Million for Price Fixing

3/8/2017

The European Commission has levied fines totaling €155 million ($163 million) against six suppliers for conspiring to fix prices on air-conditioning and engine-cooling components.

Australian Sue Audi Over Diesel Emissions

3/8/2017

Audi AG has been charged with illegally deceiving customers in Australia by touting the low emissions of diesel-powered vehicles that had been rigged to mask high pollution levels.

Senators Urge EPA Not to Roll Back Fuel Economy Target

3/8/2017

A group of U.S. Senate Democrats have urged the Trump administration not to abandon plans to require new-car fleets to average more than 50 mpg by 2025.

Tesla Names Chief Information Officer

3/8/2017

Tesla Inc. has hired Gary Clark, a former PR and IT chief at network design and management service provider Juniper Networks Inc., as its chief information officer.

Nissan’s New CEO Vows to Speed Management Processes

3/8/2017

Hiroto Saikawa, who will take over as CEO of Nissan Motor Co. on April 1, tells reporters he intends to accelerate the company’s management procedures and expand efforts to diversify its leadership.

PSA Could Begin Selling Opel Models Outside Europe in 2018

3/8/2017

PSA Group says it could begin marketing certain Opel-brand cars outside Europe as soon as next year under terms of its acquisition of the company from General Motors Co.

Still No Decision in U.S. on Possible FCA Diesel Cheating

3/8/2017

Government officials in the U.S. continue to investigate but have come to no conclusions about possible emission cheating in 104,000 trucks and SUVs sold by Fiat Chrysler Automobiles NV, says CEO Sergio Marchionne.

Mini’s Chief Says U.K. Production Isn’t Critical for Iconic British Brand

3/7/2017

BMW AG says its iconic Mini British brand could be made outside England because most buyers don’t care where the cars are made.

Kiekert Agrees to Plead Guilty in U.S. to Price Fixing

3/7/2017

Kiekert AG, a German supplier of door latches and locks, has agreed to pay a $6.1 million fine and plead guilty to rigging prices in the U.S.