Sales

Global Light Vehicle Sales Shrank Last Year

January 15, 2019 at 10:20 AM

Worldwide sales of light vehicles dropped 7% in December, resulting in the market’s first full-year decline since 2009, LMC Automotive reports.

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Dassault Systemes

VSI: Helping Developers Integrate Safety, Autonomy

Minneapolis-based VSI Labs advises designers of active safety and automated driving systems on planning and engineering during the early stages of development.

Finance

Uber’s Self-Driving Tech Unit Worth $7.3 Billion?

April 17, 2019 at 7:25 PM

Uber Technologies Inc.’s autonomous-car unit would be valued at $7.3 billion under a proposed new investment deal.

New Product

Ford to Add “Affordable” Model by 2022

April 17, 2019 at 5:13 PM

Ford Motor Co. is developing an all-new “affordable” model it plans to introduce by 2022.

New Product

Entry-Level Hyundai Crossover Takes Shape

April 17, 2019 at 3:46 PM

Hyundai Motor Co. unveiled the all-new Venue small crossover vehicle at this week’s New York auto show.

Sales

GM’s Entry-Level Baojun Brand in China Expands Upmarket

April 17, 2019 at 2:54 PM

General Motors and partners SAIC and Guangxi Automobile are expanding their entry-level Baojun brand in China upmarket with fancier models, a revamped logo and updated dealer showrooms.

Business

Mitsubishi Aims to Double U.S. Sales

April 17, 2019 at 2:11 PM

Mitsubishi Motors Corp. plans to double its U.S. sales in coming years through the introduction of new vehicles and expanding its dealer network.

Tech

Report: Apple in Talks with Vehicle Sensor Suppliers

April 17, 2019 at 1:53 PM

Apple Inc. has discussed possible deals with at least four companies to supply next-generation lidar sensors used in self-driving vehicles, sources tell Reuters.

New Product

Jaguar I-Pace EV Named World Car of the Year

April 17, 2019 at 12:44 PM

Jaguar Land Rover Ltd.’s Jaguar I-Pace crossover vehicle has been named 2019 World Car of the Year by international automotive journalists.

New Product

Genesis Shows Luxury City Car Concept

April 17, 2019 at 12:08 PM

Hyundai Motor Co.’s Genesis brand says its tiny Mint electric concept car shows the potential for a future luxury city car.

EV-Hybrid

Proterra to Lease Electric Bus Batteries

April 17, 2019 at 10:59 AM

California-based electric busmaker Proterra Inc. is partnering with Japanese investment firm Mitsui & Co. to create a $200 million fund to support a battery leasing program.

New Product

Lincoln Corsair SUV Breaks Cover

April 17, 2019 at 10:06 AM

Ford Motor Co.’s Lincoln unit took the wraps off its all-new Corsair compact crossover this week ahead of the vehicle’s public debut at the New York auto show.

Sales

New Car Deliveries in Europe Drop 4%

April 17, 2019 at 2:31 AM

Registrations of new passenger vehicles across Europe fell 4% to 1.77 million units in March and 3% to 4.15 million through the first three months of 2018, trade group ACEA reports.

EV-Hybrid

Nio Plans Mobile EV Battery Charging Service

April 17, 2019 at 1:11 AM

Shanghai-based electric vehicle startup Nio Inc. is introducing a service for owners of electric cars that will pick up their vehicle, take it away to be charged and return it.