Economics

Trump Reaffirms Threat of Tariffs on Cars from EU

February 20, 2019 at 3:19 PM

President Donald Trump reiterated to reporters earlier today that he will impose tariffs on cars from the European Union if talks fail to produce a more balanced trade deal.

video player sponsored by

Dassault Systemes

Testing the Building Blocks for Self-Driving Vehicles

VSI Labs helps developers of technologies for self-driving cars better understand how their products affect the vehicle’s overall performance.

Production

Report: Quality Issues Plague JLR in China

February 15, 2019 at 11:22 AM

Jaguar Land Rover Ltd.’s sagging sales in China are rooted in chronic and accelerating quality control issues, says Automotive News Europe.

People

Kumho Tire Names New CEO

February 15, 2019 at 11:16 AM

Kumho Tire Co. has promoted Jeon Dae-jin to president and CEO of the struggling South Korean company.

New Product

Land Rover Drops Plans for Specialty Models

February 15, 2019 at 10:31 AM

Amid slumping profits and unit sales, Jaguar Land Rover Ltd.’s Land Rover unit has canceled plans for two high-end niche models.

Finance

Rivian Lands $700 Million in New Funding Led by Amazon

February 15, 2019 at 10:09 AM

Rivian Automotive LLC has attracted $700 million in new equity investment led by Amazon.com Inc.

Tech

Autoliv Utah Facility Produces 1 Billionth Airbag Inflator

February 15, 2019 at 8:51 AM

Autoliv Inc.’s Brigham City, Utah, facility this week produced its one billionth airbag inflator since the facility was opened in 1989.

Regulatory

Honda Recalls 437,000 Vehicles for Fuel Pump Failures

February 15, 2019 at 3:05 AM

Honda Motor Co. plans to call back about 437,000 of its sedans and crossover vehicles in the U.S. to fix fuel pumps that could fail during hot-weather operation.

Sales

January Car Sales Fall 5% in Europe

February 15, 2019 at 2:50 AM

Deliveries of new passenger cars skidded 5% to 1.23 million units across Europe last month, as demand dropped in the region’s top five markets.

Mobility

Report: VW Closer to Investing in Ford’s Autonomous Vehicle Unit

February 15, 2019 at 2:29 AM

Ford Motor Co. and Volkswagen AG are nearing a possible plan to partner on the development of self-driving cars that may include a VW investment in Ford’s Argo AI startup, sources tell Bloomberg News.

Powertrain

Bentley Bentayga Reclaims Fastest SUV Title

February 14, 2019 at 3:20 PM

The new Bentley Bentayga Speed has a top speed of 190 mph, which edges out the Lamborghini Urus as the world’s fastest SUV/crossover.

People

Report: Ford’s CFO Will Retire at Year-End

February 14, 2019 at 2:51 PM

Bob Shanks, 66, who has been Ford Motor Co.’s chief financial officer since 2012, will retire by the end of this year, sources tell television business news channel CNBC.

EV-Hybrid

GM Launches Electric Bike Brand in Europe

February 14, 2019 at 2:18 PM

General Motors Co. says it will begin selling two styles of electric bicycles in Europe this spring under its new Ariv brand.

Business

Renault, Nissan, Mitsubishi Hail Alliance, Dodge Talk of Nissan Chair

February 14, 2019 at 1:56 PM

The heads of Renault, Nissan and Mitsubishi affirmed their alliance on Thursday but avoided talk of who should be Nissan's next chairman.