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May
16th

Honcker’s drive to share payment data leaves dealers with mixed opinions

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Honcker will let dealers and customers view competitive monthly payment data through its platform. Executives say it will give its dealership clients an edge, but dealers have mixed feelings.
May
16th

Connecticut finance manager charged with larceny

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Connecticut dealership Lee Partyka Chevrolet is entangled in a legal case for the second time in two months after its finance manager was charged with embezzling $80,000 from the store.
May
16th

Speed awareness courses more effective than penalty points

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Worst speeders in England and Wales revealed
News 16 May, 2018

Study of 2.2 million speeders finds 23 per cent reduction among speed awareness course participants

May
16th

BMW ‘go’ for level four autonomous driving tests in Shanghai

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BMW Group has officially obtained the Shanghai Intelligent Connected Autonomous Driving Test Licence, issued by the Intelligent Connected Vehicle Road Test Promotion Team - consisting of Shanghai Municipal Commission of Economy and Informatisation, Shanghai Municipal Public Security Bureau and Shanghai Municipal Transportation Commission.
May
16th

NHTSA after automakers over Takata airbag fixes

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The US auto safety agency NHTSA wants to meet with 12 major automakers that failed to meet a December 2017 target deadline for completing repairs on the highest-priority vehicles with dangerous Takata air bag inflators, a media report said.
May
16th

VW trucks CFO Gruendler quits for personal reasons

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The finance chief of VW Group's truck and bus division, Matthias Gruendler, has resigned from his position for personal reasons, the company said.
May
16th

‘Reaction to the Rolls-Royce Cullinan SUV has been mixed’

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Opinion 16 May, 2018

The Rolls-Royce Cullinan will make money, and deciding to build it was a progressive decision, argues Steve Fowler…

May
16th

Shareholders OK larger Porsche board

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At the annual general meeting of Porsche Automobil Holding SE (Porsche SE), shareholders approved the enlargement of the supervisory board from six to 10 members by means of an amendment to the articles of association.
May
16th

Linamar has a good first quarter

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Linamar's sales for the first quarter of 2018 were US$1,893.9m, up $237.9m from $1,656m in Q1 2017.
May
16th

Volvo has funds to cover electric, autonomous shift

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Volvo is working on how to meet the challenges of electrification and self-driving cars and has the funds to do so regardless of whether the company launches a stock market flotation, CEO Hakan Samuelsson said.
May
16th

Hyundai Cradle and Metawave to develop smart radars

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Hyundai's corporate venturing and open innovation business Hyundai Cradle, is to invest in Metawave Corporation to build intelligent radars for autonomous vehicles.
May
16th

Groupe PSA announces raft of executive appointments

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PSA's Executive Committee has unveiled a raft of management changes as it looks to further deploy the Push to Pass Strategic Plan and its Opel / Vauxhall's Pace operation.
May
16th

Honda Ohio plant starts on 2019 Acura RDX

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Honda's OEast Liberty, Ohio plant has started of mass production of the redesigned 2019 Acura RDX, the first in a new generation of models.
May
16th

EV batteries present new challenges for firefighters

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Fires on electric vehicles are rare, but the volatile chemistry of their batteries and the need for special training on how to extinguish them raises new safety questions as automakers are poised to dramatically increase production.
May
16th

EV batteries present new challenges for firefighters

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Fires on electric vehicles are rare, but the volatile chemistry of their batteries and the need for special training on how to extinguish them raises new safety questions as automakers are poised to dramatically increase production.
May
16th

Bridgestone Americas names new chief information security officer

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Bridgestone Americas has unveiled Andy Sobotta as chief information security officer (CISO), effective 21 May.
May
16th

Webasto opens Germany R&D Centre

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Webasto has opened its new EUR40m (US$47m) Administration and R&D Centre in Stockdorf, near Munich accommodating 550 employees.
May
16th

Tesla board opposition builds as proxy firm slams governance

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Tesla's board is facing increased criticism, with a proxy adviser siding with investors that oppose the re-election of three directors and want the company to appoint an independent chairman.
May
16th

Tesla board opposition builds as proxy firm slams governance

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Tesla's board is coming under more criticism, with a proxy adviser siding with investors that oppose the re-election of three directors and want the company to appoint an independent chairman.
May
16th

Faurecia seeks EUR30bn sales by 2025

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Faurecia says it is looking for sales growth of 7% to EUR20bn (US$24bn) by 2020 and EUR30bn of sales by 2025.
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