BMW will reorganize its global production network into factories that build only rear-wheel drive cars and plants that produce just front-wheel-drive models as it seeks to reduce costs.
Hyundai will offer at least two different versions of its Ioniq hybrid in the U.S., including a standard one and an eco one geared toward maximum fuel efficiency, a senior Hyundai executive said today.
Mazda, hoping to sell more high-priced crossovers to bolster its bottom line, has set richer prices for the redesigned CX-9 that goes on sale in the U.S. this spring, adding a top-of-the-line Signature package that costs nearly $45,000.
Ride-hailing service Uber has sounded out car companies about placing a large order for self-driving cars, an auto industry source told Reuters today.
Former Chrysler executive Steven Landry has been named CEO of AutoCanada, Canada's largest publicly traded dealership group. Separately, the company said it swung into the red in the fourth quarter, largely due to problems in Canada's oil patch.
Volkswagen's core brand chief and its procurement head were told in an internal meeting on Aug.
News
18 Mar, 2016
Rare 60's microcar, the Peel P50 pulls in record sum at Florida car auction
Greenpeace and Germany's autos regulator clashed over some data from vehicle tests, highlighting the tensions over car pollution in the wake of Volkswagen's emissions test-cheating scandal.
Ford Motor executive chairman William Clay (Bill) Ford received a $2m salary, stock awards of $7.07m and various other payments totalling $12.9m, according to an SEC filing. President and CEO Mark Fields received a base salary of $1.75m, $12.1m in stock awards and a total 'compensation' package of $18.6m, down about $300,000 on 2014's pay.
Opinion
19 Mar, 2016
Mike Rutherford thinks that record breaking car production figures simply aren't enough for the growing population
Chevrolet is giving the subcompact Sonic a midcycle freshening for the 2017 model year with updated styling, more connectivity features and a few upscale touches, such as an available heated steering wheel and power driver's seat.
Chevrolet is giving the subcompact Sonic a midcycle freshening for the 2017 model year with updated styling, more connectivity features and a few upscale touches, such as an available heated steering wheel and power driver's seat.
Volkswagen's so-called 'dieselgate' affair may have dented the image of diesel as a fuel for passenger cars in the US, but the 'Diesel Technology Forum' believes the outlook remains positive for the fuel there in spite of recent setbacks.
Reports in Poland suggest that the country is in the frame for planned Mercedes investment in Eastern Europe.
Nissan's new Micra will be bigger than the current model to enable it to better compete with Europe's best-selling subcompact cars such as the Ford Fiesta and Renault Clio.
Ford gave Mark Fields a 17 percent raise in 2015, his first full year as CEO, the automaker said today in a regulatory filing. His total compensation was worth $18.6 million.
Features
18 Mar, 2016
We meet the young hopefuls at the Thatcham Research Academy hoping to get automotive industry jobs through motor vehicle apprenticeships
You gotta love the way buzzwords and jargon spread like a Californian wildfire around the auto industry. I'd heard 'the Internet of Things' mentioned with ever-growing frequency in the months before hearing it in almost every presentation during my fascinating, week-long look at the [buzzwords alert] Connected Car sector in Ontario late last year.
The Twizy, Renault's all-electric quadricyle EV, has been certified by Transport Canada, and is now set for release in a new market.
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