NEWS

New Porsche 911 Is Tops in Model Profitability

9/13/2019

Porsche 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

9/13/2019

General 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

9/13/2019

Hyundai Motor Co. has appointed Filippo Perini to head its Genesis luxury brand’s advanced design studio in Europe.

UAW Board Member Charged with Embezzlement

9/12/2019

Federal 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

9/12/2019

Only 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

9/12/2019

Volvo 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

9/12/2019

Ford 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

9/12/2019

The Michigan Mobility Collaborative has been awarded a $7.5 million grant to develop and test autonomous vehicles.

McLaren Moving N. American HQ to Dallas

9/12/2019

McLaren 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

9/12/2019

Audi AG says its all-electric AI:Trail concept could preview aspects of future off-road SUVs.