New Product

Cadillac Unveils CT5 Sedan

March 18, 2019 at 11:05 AM

General Motors Co.’s Cadillac unit has released images of its upcoming CT5 midsize sedan ahead of the car’s public unveiling at next month’s New York auto show.

New Product

Daimler to Build $200,000 SUV in Alabama

March 18, 2019 at 2:24 AM

Daimler AG says it plans to add an ultra-pricy luxury SUV/crossover vehicle to its Mercedes-Benz lineup and build the car at its plant in Vance, Ala.

Facilities

Trump Urges GM to “Do Something Quickly” with Lordstown Plant

March 18, 2019 at 2:02 AM

President Donald Trump—reviving his criticism General Motors Co.’s decision to close its auto plant in Lordstown, Ohio—says he has asked CEO Mary Barra to “sell it or do something quickly.”

Facilities

Hella Opens 6th Facility in India

March 18, 2019 at 12:33 AM

Hella GmbH is opening its second electronics component plant in India and its sixth facility in the country.

Powertrain

BMW Ponders U.S. Source for Transmissions

March 18, 2019 at 12:08 AM

BMW AG is considering a U.S. supplier for at least some of the transmissions used in crossover vehicles made by its factory in South Carolina.

Business

Ford Will Cut More than 5,000 Jobs in Germany, U.K.

March 15, 2019 at 4:22 PM

Ford Motor Co. says it will eliminate more than 5,000 fulltime and temporary jobs in Germany and the U.K., mainly through voluntary separations.

Mobility

U.S. Ponders Robocars Sans Human Control Features

March 15, 2019 at 3:58 PM

The U.S. Dept. of Transportation has begun a review process that could lead to automated cars no longer equipped with such devices as steering wheels, rearview mirrors and brake pedals.

Business

Ford CEO Hackett Collected $17.8 Million Last Year

March 15, 2019 at 3:31 PM

Ford Motor Co. CEO Jim Hackett received $17.8 million in total compensation in 2018, his first full year heading the company.

Finance

BMW’s Net Profit Falls 17%

March 15, 2019 at 3:08 PM

BMW AG says its net profit in 2018 slid 17% to €7.2 billion because of financial challenges that will continue in 2019.

Sales

February Car Sales Slip 1% in Europe

March 15, 2019 at 2:45 PM

New-car deliveries across Europe dipped to 1.15 million units in February from 1.16 million a year earlier.

Business

BMW Unveils Leaner Board

March 15, 2019 at 2:04 PM

BMW AG says it is “future-proofing” itself with a leaner top management structure.

Regulatory

SEC Sues VW, Winterkorn Over Diesel Emissions

March 15, 2019 at 12:16 PM

Volkswagen AG and former CEO Martin Winterkorn have been charged by the SEC with “massive fraud” for selling securities at the same time their diesels were violating U.S. pollution laws.