Opinion
21 Aug, 2016
Mike Rutherford's been examining the books of some of the world's largest car companies - and the figures make for staggering reading
The values of Europe's automakers, suppliers and retailers fell during the second quarter of this year, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.
The increasing stream of engineering openings -- coupled with lower unemployment, less labor force participation and growing North American vehicle production -- underscores the need for the auto industry to attract and invest in younger workers.
Cadillac did something unusual Thursday night: It used the Pebble Beach Concours d'Elegance to debut a concept that might actually reach production.
Mercedes revealed a Maybach branded two-plus-two concept that is heavily influenced by the 'areo coupes' of yesteryear but with a modern electric engine and high-tech interior.
Southwest Kia, which operates three dealerships in the Dallas area, will pay an $85,000 penalty to settle charges by the Federal Trade Commission that it violated a 2014 consent order that prohibited it from deceptive advertising, the agency said.
Volkswagen settled its diesel deception involving almost 500,000 U.S. automobiles, paying dearly to satisfy car owners affected by the emissions scandal.
A California lawmaker said she will withdraw a bill that would have required 15 percent of new car sales be zero emission vehicles by 2025 due to opposition from automakers, the oil industry and labor.
Four automotive brands are among the top 10 advertising spenders for the 2016 Olympics, yet none managed to make a significant impact in U.S.
Harley-Davidson agreed to pay a $12 million civil fine and stop selling illegal after-market devices that cause its motorcycles to emit too much pollution, the U.S. Justice Department said.
Volkswagen said production at its largest factory had been curtailed in some areas because of a supplies shortage caused by a parts maker refusing to keep to delivery commitments.
Gree Electric Appliances, China's largest air-conditioner maker, is entering the fast-growing electric vehicle market with a CNY13bn (US$2bn) acquisition of electric vehicle manufacturer Zhuhai Yinlong New Energy.
Ford's aim to have a fully driverless car by 2021 will require big changes in federal and state laws to clear the way, according to a US report.
Volvo Cars and ride-sharing company Uber have announced they would jointly develop next-generation autonomous driving (AD) cars.
News
18 Aug, 2016
Volvo announces $300m investment with Uber to advance driverless tech, with the aim of an autonomous taxi service
Genesis, Hyundai's new luxury division, today said it will be the first company to allow users to control a variety of car functions remotely using Amazon Alexa voice commands.
VW will cut working hours for more than 10,000 staff at its Wolfsburg base and reduce output at two more German sites, Reuters reported. VW's production is being hit by a dispute with a key supplier.
Audi has replaced Mattias Rust, the human resources chief at its new Mexico factory, shortly before the plant's opening, German media reports said. Rust was replaced because of "irregularities," the reports said.