Sales

Car Sales Dip 2% in India

February 13, 2019 at 5:10 PM

January new-car sales in India declined to 280,100 units from 285,500 a year earlier, according to the Society of Indian Automobile Manufacturers.

People

Renault Cuts €30 Million Severance Payment for Ghosn

February 13, 2019 at 4:17 PM

Renault SA’s board has voted unanimously against granting former Chairman and CEO Carlos Ghosn two years of severance pay worth about €30 million ($34 million).

Mobility

Waymo Fares Best in Self-Driving Vehicle Disengagement Report

February 13, 2019 at 3:44 PM

Alphabet Inc.’s Waymo unit had the lowest ratio of “disengagements” of the 25 companies that tested autonomous vehicles in California last year.

Business

Report: VW Balks at Investing in Ford’s Autonomy Unit

February 13, 2019 at 3:18 PM

Volkswagen AG is resisting pressure to invest at least $500 million in Ford Motor Co.’s autonomous-car unit, sources tell Reuters.

People

Daimler Names New Chief Financial Officer

February 13, 2019 at 2:54 PM

Daimler AG has appointed Harald Wilhelm to its management board as its chief financial officer, effective April 1.

Sales

Lexus, Porsche Top JD Power 2019 Dependability Study

February 13, 2019 at 1:53 PM

Lexus has retained its top rating for the eighth consecutive year in J.D. Power’s annual U.S. Vehicle Dependability Study.

Regulatory

Ford Recalls 1.5 Million F-150 Trucks with Shifter Flaw

February 13, 2019 at 1:15 PM

Ford Motor Co. is recalling 1.5 million of its F-150 fullsize pickup trucks in North America to fix a problem that could make the transmission to abruptly downshift into first gear even when traveling at high speed.

Tech

Lambo SUV Adds 3D-Printed Parts

February 13, 2019 at 10:16 AM

Lamborghini SpA has begun using a pair of small 3D-printed parts in its Urus crossover vehicle.

New Product

Tesla Model 3 Tops Consumer Reports Satisfaction Poll

February 13, 2019 at 9:35 AM

Tesla Inc.’s Model 3 electric car was deemed the most satisfying vehicle to own last year in Consumer Reports’ annual reader survey.

EV-Hybrid

Toyota Corolla Hybrid Rated at 52 MPG

February 13, 2019 at 8:48 AM

Toyota Motor Corp. says the Corolla hybrid compact sedan has received a 52-mpg fuel efficiency rating from the U.S.

Powertrain

Range Rover Gets New Engine, Mild-Hybrid Powertrain

February 13, 2019 at 8:02 AM

Jaguar Land Rover Ltd. is launching a new inline-six engine and Land Rover’s first mild-hybrid system in the HST performance variant of its Range Rover Sport SUV.

Finance

Losses Deepen for Akebono Brake

February 13, 2019 at 12:44 AM

Japan’s Akebono Brake Industry Co. Ltd. predicts it will post an adjusted net loss of 19.2 billion yen ($174 million) in the fiscal year ending March 31, citing losses in the U.S.