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ZF Opens Tech Center in India
3/2/2017ZF Friedrichshafen AG has opened a €15 million ($15.8 million) facility in Telangana, India, to develop advanced electronics and software to expand the company's portfolio of "intelligent" mechanical systems.
Eye of the Huracan: Lambo Sets New “Ring” Record
3/2/2017Lamborghini SpA’s Huracan Performante supercar has set a new record for a production car at Germany’s grueling Nurburgring Nordschleife circuit, lapping the 12.8-mile course in six minutes and 52 seconds.
New Takata Airbag Flaw Prompts Ford Recall
3/2/2017Ford Motor Co. is recalling 31,900 vehicles in North America that were equipped with poorly assembled Takata Corp. airbag systems.
Beijing Converting to Electric Taxis
3/2/2017To help curb its air pollution problems, Beijing plans to convert the city’s entire taxi fleet to all-electric models over the next decade as vehicles are added and replaced.
Reports: PSA Deal to Buy Opel Could Come on Monday
3/2/2017PSA Group may be ready to announce as early as Monday that it has a deal to buy General Motors Co.’s Opel unit, according to media reports.
Diesel Sales Sag in Germany
3/2/2017Sales new cars in Germany fell 3% to 243,600 units in February, according to ederal motor vehicle authority KBA.
Car-Loan Amounts at Record High in U.S.
3/2/2017The average new-car loan in the U.S. climbed to a record high $30,600 in the fourth quarter of 2016, says global data provider Experian plc.
GM to Offer Low-Cost In-Vehicle Wi-Fi
3/2/2017On Friday General Motors Co. will introduce an unlimited wi-fi data plan for $20 per month on vehicles in the U.S. that are equipped with the company's OnStar 4G LTE wi-fi hotspot.
Toyo Tire to Sell Non-Auto Units
3/2/2017Toyo Tire & Rubber Co. is shedding scandal-tainted nonautomotive operations to support its core business.
ChargePoint to Expand EV Charging Network in Europe
3/2/2017ChargePoint Inc. says it is poised to enter the European market with its charging stations for electric vehicles after securing an initial $82 million for the purpose.