Ford's Sales of Big Trucks Surge After Shift to U.S.
July 25, 2019
DETROIT — A 2015 move by Ford Motor Co. to shift production of its biggest trucks to Ohio from Mexico and stop buying their powertrains from outside suppliers has opened a new profit pipeline for... READ MORE
Shares of Tesla Plunge After Carmaker Reports Disappointing Results
July 25, 2019
Tesla Inc. lost $408 million in the second quarter of 2019, worse than Wall Street expectations, despite record deliveries. Stocks of the Silicon Valley electric-vehicle... READ MORE
Toyota to Invest $600 Mln in China's Didi, New JV
July 25, 2019
BEIJING: Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing and a new joint venture to expand collaboration with the... READ MORE
Lyft Makes Self-Driving Research Public to Speed Development
July 25, 2019
Lyft Inc. is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant’s... READ MORE
GM's Driverless-Taxi Delay Shows Hype May Outpace Reality
July 25, 2019
A delay in General Motors Co.'s deployment of its self-driving vehicles is fueling increased skepticism that self-driving cars are not ready to ply America’s roads. GM Cruise LLC, the... READ MORE
EU Targets $39 Billion in U.S. Goods in Case of Trump Car Duties
July 24, 2019
MEMA Industry News Editor’s Note: The EU is a critical trading partner for the U.S. and, particularly, for vehicle parts manufacturers. Last December, MEMA commented and testified about its... READ MORE
German Auto Supplier Gerhardi Opens First US Plant in Alabama
July 24, 2019
German auto supplier Gerhardi Inc. this week marked the official opening of its first U.S. manufacturing facility in Montgomery, a $41.6 million plant that will employ up to 235 workers... READ MORE
Magna Steyr Opens $1.38 Billion Paint Shop in Slovenia
July 24, 2019
Magna International’s European subsidiary Magna Steyr opened a new paint plant in Slovenia’s northeastern Hoce–Slivnica municipality on Wednesday. The paint shop, which complements... READ MORE
ATC will Host Webinar Tomorrow on Global Vehicle Data
July 24, 2019
The AASA Technology Council (ATC) will host a webinar for AASA members on July 25. The webinar will focus on developments around the world with global vehicle data and strategies to drive global... READ MORE
Ford Spending $50M in Chicago to Support Explorer, Aviator Production
July 24, 2019
Ford Motor Co. is planning to invest another $50 million in its Chicago operations to fund the new models of its profit-rich Explorer SUVs. The automaker plans to spend the... READ MORE
Ford Faces Lawsuit Over Allegations of False MPG Ratings
July 24, 2019
Ford Motor Co. faces a federal lawsuit seeking class-action status over allegations the automaker inaccurately boosted 2018-19 Ford F-150 pickups' EPA mileage ratings. The suit, filed Monday... READ MORE
Volvo Recalls 507,000 Vehicles Globally as Probe Finds Fire Risk
July 24, 2019
STOCKHOLM -- Volvo is recalling 507,000 vehicles worldwide because of a faulty engine component that, in extreme cases, could result in a fire. Volvo said its own investigations have... READ MORE
‘We’re Full,’ Car Dealers Say as Auto Sales Slow After a Long Boom
July 24, 2019
Over the past decade, the auto industry enjoyed a boom unlike any other in modern history. Sales of new cars and trucks rose steadily from 2009 to 2016, the longest growth streak since at... READ MORE
Bosch, Daimler Obtain Approval for Driverless Parking Without Human Supervision
July 24, 2019
Bosch and Daimler have reached a milestone on the way to automated driving: the two companies have now obtained approval from the relevant authorities in Baden-Württemberg for their automated... READ MORE
2019 Automotive Hall of Fame inductee: Richard E. Dauch
July 24, 2019
Richard E. Dauch was a likely Hall of Famer when he first retired in 1991. Earlier, at General Motors, the former Purdue fullback had been Chevrolet's youngest plant manager. He would later head... READ MORE
Cubic Telecom Raises $26.4M to Ready for 5G
July 23, 2019
Cubic Telecom, a supplier of connected-vehicle technology for the auto industry, has raised $26.4 million from the European Investment Bank in its latest funding round, the company said. The... READ MORE
Volvo Invests in Israeli Startup that Links Doctors with Crash Data
July 23, 2019
Seven seconds after a car crash occurs, emergency-room doctors and insurance companies alike may soon receive detailed information about injuries and damage sustained in the wreck. That's the... READ MORE
AutoNation Names New CEO Months After Hiring Outsider
July 23, 2019
AutoNation Inc., the nation’s largest car-dealership chain, on Monday abruptly changed gears, promoting Chief Financial Officer Cheryl Miller to chief executive just months after hiring... READ MORE
Ford Investing $50 Million in Chicago to Build Hybrids
July 23, 2019
Ford Motor Co. is investing $50 million and converting 450 temporary union workers to full-time at its Chicago Assembly Plant as it converts a nearby modification center to handle final assembly... READ MORE