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Apr
30th

New funding deal to return GM Korea to profit

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GM Korea's main shareholders, General Motors (GM) of the USA and the local state-run Korea Development Bank (KDB), signed a conditional agreement at the end of last week to provide fresh funds to the insolvent carmaker.
Apr
30th

Ex-Opel CEO Neumann will join California-based EV startup

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Former Opel CEO Karl-Thomas Neumann will join California-based EV startup Evelozcity, which is run by ex-BMW executives.
Apr
30th

Ex-Opel CEO Neumann will join California-based EV startup

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Former Opel CEO Karl-Thomas Neumann will join California-based EV startup Evelozcity, which is run by ex-BMW executives.
Apr
30th

Japan brands’ EVs for China appear strikingly familiar

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If the first wave of Japan-brand electric vehicles for China looks familiar, it should. Toyota, Nissan and Honda are simply rolling out EV versions of existing nameplates.
Apr
30th

Auto executives see value in China manufacturing partnerships

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International auto executives say they are in no rush to shake up their joint ventures with Chinese carmakers, despite Beijing's promise to loosen limitations on foreign investment.
Apr
30th

Motorcycles inspired futuristic self-driving concept from PSA’s DS brand

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PSA's upscale brand, DS, has shown its vision of what a French luxury car might look like in 2035 with the DS X E-Tense concept. The inspiration for the three-seat electric vehicle was a motorcycle with a sidecar.
Apr
30th

Jean-Michel Szczerba sees smart body and fuel cell roles

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Plastic Omnium's acquisition of Faurecia's exterior parts business has opened the door to new business with Germany's automakers, says Jean-Michel Szczerba, Plastic Omnium co-CEO.
Apr
30th

GM sues group over sale of stores

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General Motors is suing Grossinger Auto Group, alleging it breached an exclusive-use agreement in the sale of its Chevrolet and Cadillac dealership assets to AutoCanada.
Apr
30th

Infiniti readies platform for electrified vehicles

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Infiniti says it will introduce a platform for its entire range when it shifts to exclusively electrified powertrains in 2021.
Apr
30th

PSA’s DS brand inspired by motorcycles for futuristic self-driving car

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PSA's upscale brand, DS, has shown its vision of what a French luxury car might look like in 2035 with the DS X E-Tense concept. The inspiration for the three-seat electric vehicle was a motorcycle with a sidecar.
Apr
30th

The autonomous gold rush is on in season 3

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"Futurismo" podcast host Shiraz Ahmed will be joined by Mobility Report Editor Sharon Silke Carty and Staff Reporter Hannah Lutz to inform listeners on how robotics, artificial intelligence and digitalization have sparked an autonomous gold rush.
Apr
30th

GM positions OnStar as revenue center, brand builder

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General Motors is reorienting its OnStar business to generate more revenue from connectivity services and better position its core auto brands as technological showcases that can compete against innovative brands such as Tesla.
Apr
30th

Used car wholesalers are evolving to stay in the game

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The auction industry is likely to see fewer traditional wholesalers going forward, but they are evolving into online and smartphone app-based operations.
Apr
30th

2019 Ram 1500 production fixes costly for FCA

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FCA US has spent more than $300 million to fix the production problems that have put the ramp-up of the 2019 Ram 1500 well behind schedule.
Apr
30th

Ford says its dropping cars because they lose money

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The Mustang and a Focus wagon will survive, but all of Ford's value-destroying nonluxury sedans are goners. Is Jim Hackett going too far?
Apr
30th

Public car dealership groups look beyond new vehicles

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In a flat new-vehicle sales market, public dealership groups are turning their attention elsewhere, especially on used-vehicle operations.
Apr
30th

China at forefront of car tech change

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An explosion of ingenuity is radiating from China in how to develop, engineer and market cars. Long derided as a fast follower, China has suddenly blossomed as the innovation nation.
Apr
30th

A car salesperson to the rescue?

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Ryan Gremore, president of the O'Brien Auto Team, decided that if a medical emergency ever took place at one of his stores, staffers would have the tools and training to address it.
Apr
30th

Automotive News Europe Congress

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Speakers from Nissan Europe, Seat, Airbus and EY will take part in a panel discussion on current and future mobility June 6 at the Automotive News Europe Congress in Turin.
Apr
30th

Hyundai Genesis sends dealers on a luxury roller-coaster ride

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Hyundai's journey into luxury has been a bumpy, tortuous ride for its dealers, thanks to a strategy that was unclear from the start.
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