NEWS

Lincoln Navigator Adds Tech, Standard Equipment

7/15/2019

Ford Motor Co.’s Lincoln unit is standardizing several safety systems and adding new features to the 2020 Navigator fullsize SUV.

JLR’s EV Vow Lands $636 Million Loan Guarantee

7/15/2019

A pledge by Jaguar Land Rover Ltd. to build a range of electrified vehicles in England has netted a $636 million loan guarantee from the British government.

PSA’s Global Sales Plunge 13%

7/15/2019

PSA Group reports its global sales of 1.9 million vehicles in the first half of 2019, which is down 13% from the same period last year.

Valeo Touts Lidar Contract Wins

7/15/2019

Valeo SA says it has received contracts from four unnamed carmakers totaling a combined €500 million ($564 million) for autonomous vehicle lidar sensors.

FCA Recalls Jeeps for Airbag Sensor Failures

7/15/2019

Fiat Chrysler Automobiles NV is recalling 41,200 Jeep Cherokee SUVs in the U.S. to replace airbag sensors that may stop working.

Lexus Confirms LC Convertible Plans

7/15/2019

Toyota Motor Corp.’s Lexus unit says it will introduce a convertible variant of its LC sports coupe in the near future.

Car Sales Zoom 35% in Vietnam

7/15/2019

Demand for new cars in Vietnam grew 35% to 113,200 units in the first half of 2019, says the Vietnam Automobile Manufacturers Assn.

China’s Expansion Rate Skids to 27-Year Low

7/15/2019

China reports its gross domestic product grew 6.2% in the second quarter, down from 6.4% in January-March, to the slowest pace since at least 1992.

White House Freezes Fuel Economy Penalties

7/15/2019

U.S. regulators have rejected an Obama administration-era proposal to impose dramatically stiffer penalties on carmakers that fail to meet fuel economy standards.

VW Chooses Turkey for E. European Plant

7/12/2019

Volkswagen AG’s supervisory board has selected Turkey as the location of a new assembly plant that will open 3-4 years from now.