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Jul
26th

U.S. report says Tesla driver speeding in fatal Autopilot crash

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A driver killed in the May 7 crash of a Tesla Motors car while using Autopilot driving-assist software was speeding, U.S. highway safety investigators said on Tuesday in a preliminary report that did not state a probable cause.
Jul
26th

Sonic Automotive’s Q2 net income surges 54%

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Sonic Automotive's adjusted net income surged 54 percent in the second quarter to $22.8 million, largely on cost controls, as revenue and new-vehicle unit sales fell.
Jul
26th

Clinton, if elected, plans to renegotiate NAFTA, UAW chief says

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UAW President Dennis Williams said Democratic presidential candidate Hillary Clinton has assured him she would renegotiate the North American Free Trade Agreement if she is elected president.
Jul
26th

VW diesel emissions settlement approved by U.S. judge

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A federal judge granted preliminary approval for a $10 billion settlement in which Volkswagen AG will offer to buy back up to 475,000 polluting 2.0 liter diesel-powered vehicles.
Jul
26th

FCA restates U.S. sales, says winning streak ended 3 years ago

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Fiat Chrysler is changing the way it reports monthly U.S. sales to make the process more transparent, and as a result of the change, said its 75-month sales streak actually ended at 41 months, in September 2013.
Jul
26th

Porsche to skip 2017 Detroit auto show

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Porsche will skip the Detroit auto show next year as part of plans to focus on trade shows in New York and its most important U.S. market for sports cars, Los Angeles.
Jul
26th

Valeo records H1 net income up 23% to EUR422m

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Valeo has posted half year net income up 23% to EUR422m (US$463m), with sales up 11% to EUR8.1bn for the first six months.
Jul
26th

Asbury Q2 net income falls 11%

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Asbury Automotive Group's net income in the second quarter dropped 11 percent to $36.7 million, the company said today as both new- and used-vehicle sales dropped. Revenue dipped 4 percent to $1.627 billion.
Jul
26th

FCA US to spend $1.5bn at Sterling Heights assembly plant

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FCA US said it would spend US$1.48bn at its Sterling Heights Assembly Plant in Michigan to retool for the redesigned Ram 1500 pickup truck "and support the future growth of the Ram brand".
Jul
26th

FCA earmarks $1.5 billion to build Ram 1500 pickups at Chrysler 200 plant

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Fiat Chrysler will invest $1.48 billion to convert its Sterling Heights Assembly plant in suburban Detroit from unibody to body-on-frame construction to build the next-generation Ram 1500 pickup.
Jul
26th

ZF TRW mulls 1-100m parts failure rate

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ZF TRW says failure rates of certain technologies could reach one in a hundred million as industry and consumers look to ensure the safety of ever-rising vehicle content.
Jul
26th

A case for the spare tire&’s return

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Our safety may depend, legislatively, on correcting the weight-slashing, overzealousness that has eliminated spare tires from many new cars.
Jul
26th

Hyundai preps hot-hatch version of Elantra for U.S.

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Spy photos signal Hyundai's performance division is close to fielding its first production model for the U.S. The 2018 Elantra GT N features a lower profile and sportier styling than the standard compact hatchback.
Jul
26th

Mobileye says Tesla contract won’t be extended; tech supplier posts 76% gain in Q2 profits

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Mobileye NV, an Israeli maker of driving-assistance chips and software, posted a surge in second-quarter earnings and revenue, but said its contract with Tesla would not be renewed after it expires.
Jul
26th

’17 Ford Raptor pricing to start at $49,520

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Pricing for the 2017 Ford F-150 Raptor SuperCab will start at $49,520, including shipping, giving Ford another opportunity to drive average transaction prices higher for the F series, the top-selling light vehicle in the U.S.
Jul
26th

Hyundai Motor sees H1 profit and sales volume decline

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Hyundai Motor has announced that first half sales volume and operating profit declined from the same period last year due to lower exports as well as weak currencies and economic recession in emerging markets.
Jul
26th

Audi prices A4 allroad from $44,950

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When the 2017 Audi A4 allroad reaches dealership lots this fall, it will start at $44,950, including a $950 shipping charge. The A4 allroad, the second wagon in Audi's U.S. lineup, is powered by a 2.
Jul
26th

Daimler moves in on Uber by taking a 60% stake in Hailo

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London cabs hailo
News 26 Jul, 2016

Ride-sharing firm Hailo announces Mercedes-Benz owner has bought majority stake, set to merge with MyTaxi

Jul
26th

Best car insurance companies 2016 – pictures

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Jul
26th

Cars.com will buy DealerRater to create review giant

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Third-party shopping site Cars.com will buy DealerRater -- a platform where consumers can write reviews about salespeople, dealerships and service shops -- creating what Cars.com says will be the largest dealer-review forum in the industry.
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