New Porsche 911 Is Tops in Model Profitability
9/13/2019Porsche AG’s redesigned 911 sports car contributes 29% of the company's profits, the industry's highest margin for any new model launched in 2019.
Entry-Level Caddy CT4 Revealed
9/13/2019General Motors Co. took the wraps off the base and mid-range versions of the all-new CT4 sport sedan this week.
Genesis Hires Former Lambo Designer
9/13/2019Hyundai Motor Co. has appointed Filippo Perini to head its Genesis luxury brand’s advanced design studio in Europe.
UAW Board Member Charged with Embezzlement
9/12/2019Federal authorities have arrested Vance Pearson, a United Auto Workers Union regional director and board member, on charges of conspiracy, embezzlement, money laundering and mail and wire fraud.
U.S. Lags in Acceptance of Autonomous Tech
9/12/2019Only one in four car buyers in the U.S. would consider a self-driving vehicle compared with a 36% rate globally, says Paris-based research firm Ipsos MediaCT.
Volvo Adds Plug-In Hybrid XC40 Crossover
9/12/2019Volvo Car Corp. says the launch of a plug-in hybrid version of its new XC40 compact crossover vehicle makes the company the world’s first to offer such variants for all models.
Ford Sells Subscription Vehicle Business
9/12/2019Ford Motor Co. is selling its Canvas subscription vehicle platform to Fair, a Santa Monica, Calif.-based startup that also specializes in subscription services.
Michigan Lands $7.5 Million for Autonomous Car Testing
9/12/2019The Michigan Mobility Collaborative has been awarded a $7.5 million grant to develop and test autonomous vehicles.
McLaren Moving N. American HQ to Dallas
9/12/2019McLaren Automotive Ltd. is moving its North American headquarters from New York City to a much larger and more practical facility outside Dallas, early next year.
Audi Concept Envisions EV Off-Roader
9/12/2019Audi AG says its all-electric AI:Trail concept could preview aspects of future off-road SUVs.