NEWS

EU Rejects Wi-Fi-Based Car-to-Car Communications

7/4/2019

Member nations of the European Union voted earlier today against endorsing a short-range wi-fi system for vehicle-to-vehicle communication, buoying backers of a cellular-based alternative.

BMW, Daimler Finalize Deal on Autonomous Vehicles

7/4/2019

BMW AG and Daimler AG have finalized a long-term agreement to collaborate on driver-assist and Level 4 automated driving systems.

New-Car Sales Drop 10% in Canada

7/4/2019

Demand for new cars in Canada fell 5% 984,600 units in the first half of 2019, including a 10% drop to 182,300 vehicles in June.

U.S. Car Sales Declined 3% in June

7/3/2019

Sales of new cars and light-duty trucks in the U.S. fell 3% to 1.51 million units last month. But the annualized sales pace remained above a health 17 million units.

Police Search Renault HQ in Ghosn Probe

7/3/2019

French police searched Renault SA’s headquarters outside Paris earlier today as part of an investigation into possible misuse of company funds by former Chairman Carlos Ghosn.

Two More Tesla Executives Quit

7/3/2019

Two more senior executives at Tesla Inc., who headed engineering and directed European operations, reportedly have left the company.

Half of VW's China Sales Will be Electrified by 2035

7/3/2019

Half the cars Volkswagen AG sells in China will be electrified by 2035, says CEO Herbert Diess.

Auto Industry Legend Lee Iacocca Dies at Age 94

7/3/2019

Lee Iacocca, the bigger-than-life auto industry executive credited for championing the Ford Mustang and later leading Chrysler through near-bankruptcy, is dead at age 94.

Tesla Sets Quarterly Sales Record

7/2/2019

Tesla Inc. says it delivered an any-quarter record 95,200 electric cars in April-June, more than double the volume in the same period last year.

China Rolls Out Strict Auto Emission Standards

7/2/2019

China has implemented tough new pollution limits for passenger vehicles that would slash their emissions by at least 40% by 2023.