EV-Hybrid

U.K. Firm Inks Deal to Develop Low-Cost Electric Motors

February 18, 2019 at 12:27 PM

Yasa Ltd. says it has signed an agreement with an unnamed carmaker to develop the U.K. startup’s axial-flux electric motor technology for hybrid and pure electric vehicles.

Legal

Jury Awards Ford SUV Rollover Victim $152 Million

February 18, 2019 at 12:11 PM

A jury in Alabama has awarded $152 million to a 24-year-old man paralyzed in a rollover crash in 2015, Reuters reports.

Business

Report: VW to Launch Jetta Sub-Brand in China

February 18, 2019 at 11:36 AM

Volkswagen AG plans to launch a Jetta sub-brand in China later this year, according to the country’s Sina social network.

Regulatory

Nissan Recall Targets Altima Door Latch Flaw, Again

February 18, 2019 at 10:01 AM

Nissan Motor Co. has begun a second recall of 341,000 cars in the U.S. with rear doors that may unlatch and open when their windows are lowered.

Economics

Trump Gets Report on Would-Be Import Auto Threat

February 18, 2019 at 2:05 AM

President Donald Trump has received a Dept. of Commerce analysis about the relative threat to U.S. security of imported cars and trucks.

Sales

Porsche Warns U.K. Customers Brexit May Hike Prices 10%

February 18, 2019 at 1:15 AM

Porsche AG is advising buyers in the U.K. that cars delivered after Britain leaves the European Union may carry a 10% surcharge because of higher import tariffs.

Business

Fiat Chrysler, PSA Extend Van Partnership

February 18, 2019 at 12:47 AM

Fiat Chrysler Automobiles NV and PSA Group have agreed to continue joint production of large commercial van at FCA’s factory in Sevel, Italy.

New Product

GM Confirms End of Buick Cascada Production

February 18, 2019 at 12:30 AM

General Motors Co.’s Buick unit has advised U.S. dealers it will stop producing the Cascada midsize convertible this summer.

Finance

America Axle Posts Fourth-Quarter, Full-Year Losses

February 15, 2019 at 5:22 PM

American Axle & Manufacturing Holdings Inc. swung to a $362 million net loss in the final quarter of 2018, as revenue dipped 2% to $1.7 billion.

New Product

Top-End 2020 Explorer Stickers at $60,000+

February 15, 2019 at 4:53 PM

Ford Motor Co. is raising the price across all trim levels for its redesigned Explorer SUV.

Economics

China, U.S. to Continue Trade Talks Next Week

February 15, 2019 at 3:52 PM

U.S. and Chinese trade negotiators ended intensive talks in China today far apart on key issues. But both remain cautiously optimistic about more progress next week.

Mobility

High-Speed Rail Zooms to Forefront of Green New Deal Debate

February 15, 2019 at 3:29 PM

The so-called “Green New Deal” resolution introduced in Congress earlier this month calls for investing in a high-speed rail (HSR) network throughout the U.S. to help reduce greenhouse gas emissions.