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May
3rd

Jaguar Land Rover prepares for EV future with new manufacturing chief

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Jaguar Land Rover said Grant McPherson, its current director of quality and automotive safety, will be its new manufacturing chief as the automaker prepares its plants for an electrified future.
May
3rd

Jaguar Land Rover prepares for EV future with new manufacturing chief

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Jaguar Land Rover said Grant McPherson, its current director of quality and automotive safety, will become manufacturing chief as the automaker prepares its plants for an electrified future.
May
3rd

BMW adds four-cylinder diesel 620d model to 6 Series GT line-up

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News 3 May, 2018

New entry level BMW 620d claims fuel economy of 56.7mpg and a 0-62mph figure of 7.9 seconds

May
3rd

Europe’s electric cars are coming for Tesla

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Tesla's goal of accelerating the switch to electric cars is catching up with it as European automakers begin to roll out full-electric models.
May
2nd

NHTSA says it ‘did not assess’ Tesla Autopilot effectiveness

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NHTSA contradicted Tesla's claim that the agency had found that its Autopilot technology significantly reduced crashes, saying that regulators "did not assess" the system's effectiveness in 2017.
May
2nd

Former GM CEO Henderson named principal of consulting firm

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Former General Motors CEO Fritz Henderson has joined a Washington consulting firm founded by some of his former GM colleagues.
May
2nd

Trump to meet with automakers to discuss U.S. fuel rules, report says

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President Trump is planning to meet with senior leaders of major automakers next week to discuss fuel efficiency rule changes through 2026, automakers and administration officials told Reuters.
May
2nd

Tesla posts $785 million loss in Q1; revenues rise to $3.41 billion

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Tesla continued its financial bloodletting in the first quarter, posting a net loss of $785 million on revenues of $3.41 billion. In comparison, Tesla reported a net loss of $397.2 million a year ago, on revenues of $2.7 billion.
May
2nd

Musk plans to launch Model Y crossover in early 2020; Tesla losses grow in Q1

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Tesla could begin production of its Model Y small crossover in early 2020, CEO Elon Musk said. Tesla also said it lost another $785 million during the first quarter -- nearly double the $397 million loss from a year ago.
May
2nd

Cooper-Standard Q1 net income rises 36% on currency fluctuations

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Cooper-Standard's first-quarter net income rose 36 percent to nearly $57 million behind $53 million of favorable exchange rate fluctuations.
May
2nd

2017 Chevy Bolts: Sensing problem may cause reduction or loss of acceleration

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GM is asking owners of 2017 Chevrolet Bolt EVs to take the vehicles to dealerships for a software update that will sooner detect a potential battery issue that could lead to a reduction or loss of acceleration.
May
2nd

Volkswagen’s Electrify America subsidiary replaces Mark McNabb as CEO

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VW of America has cut the cord with its former head of sales in the United States, who's been laying the groundwork for more than $2 billion of planned electrical charging infrastructure.
May
2nd

Volkswagen’s Electrify America subsidiary replaces Mark McNabb as CEO

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VW of America has cut the cord with its former head of sales in the United States, who's been laying the groundwork for more than $2 billion of planned electrical charging infrastructure.
May
2nd

Lyft, Aptiv to launch self-driving fleet in Las Vegas

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Self-driving and connected services supplier Aptiv and ride-hailing service Lyft have inked a multiyear agreement to launch a fleet of 30 autonomous vehicles in Las Vegas.
May
2nd

Fire, explosions rip through instrument panel plant in Michigan

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A massive fire broke out early Wednesday at an automotive interiors plant in Michigan, injuring two workers, reports say.
May
2nd

7 things to watch for in today’s Tesla earnings report

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Tesla reports first-quarter earnings today after the market closes. Between now and then, investors, customers, followers and doubters will be chattering about what CEO Elon Musk has in store come late afternoon.
May
2nd

Investment adviser against VW supervisory board nominees

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Investment adviser Hermes EOS has recommended clients vote against the candidates proposed for election to the VW supervisory board on Thursday (3 May) and called for an "external supervisory board and corporate culture review".
May
2nd

GM to provide loans to Korean unit, government bank to receive shares, reports say

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General Motors' planned cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter...
May
2nd

Zircotec coating defends battery packs from electronic interference

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Heat management specialist Zircotec Group said it had developed a new conductive ceramic coating that enables vehicle manufacturers to use carbon or plastic composite battery casings for hybrid and electric vehicles.
May
2nd

Training, product sales boost FandI per vehicle gains at publics

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All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.
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