Author: Automotive News n Feed
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NAFTA talks likely won’t begin until later this year, Ross says
The U.S. government probably won’t begin ‘real’ negotiations to revamp NAFTA until later this year, Commerce Secretary Wilbur Ross said.
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U.S. 2016 vehicles seen trailing fuel goals, boosting skepticism
American light vehicles from the 2016 model year will be the first to fall short of federal fuel economy targets in more than a decade, according to a new projection from regulators that could buttress a push by automakers to ease efficiency…
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Porsche mulls Macan EV, 911 hybrid amid VW’s zero-emissions drive
Porsche may offer an full-electric version of its Macan SUV and could turn models such as the iconic 911 into hybrids, its sales chief said, amid a push by parent VW Group to move on from its emissions-cheating scandal.
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German court names Deka lead plaintiff in VW diesel test case
A German court named Deka Investment as lead plaintiff for 1,470 damages claims against VW totaling $2 billion. The plaintiffs say they lost money on a drop of almost a quarter in VW’s share price when it admitted cheating U.S. emissions tests.
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Ex-Tesla manager seeks $4 billion for Europe’s biggest battery plant
A former Tesla executive is trying to raise at least $4 billion to build Europe’s biggest battery factory in Sweden to meet an expected surge in demand as the region’s automakers switch to electric vehicles.
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Toyota may delay UK Auris production decision to see Brexit terms
Toyota may delay a decision on whether to build its next Auris at its UK car plant to see the outcome of Brexit negotiations.
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First Shift: In Geneva: Speed, sizzle and a surprise
In Geneva: Bentley EV surprise, Superfast Ferrari, Subaru Crosstrek, E-class family reunion, Lofty concept; VW’s chief rebuffs Sergio; Sportier Sonata; Real retailers, fake photos.
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EU fines Denso, Valeo, Mahle Behr, other suppliers for air conditioning and engine cooling cartels
Mahle Behr, Valeo, Denso and three other suppliers have been fined a total of $164 million by the EU’s competition authorities for having operated cartels in a number of their markets.
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Hyundai redesigns Sonata to reverse falling sales
Hyundai is counting on the redesigned Sonata to reverse a fall in sales of a model struggling to stand out in a shrinking sedan segment.
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Hyundai refreshes Sonata to reverse falling sales
Hyundai is counting on the redesigned Sonata to reverse a drop in sales of a model struggling to stand out in a shrinking midsize sedan segment.