Author: Automotive News n Feed

U.S. new-vehicle sales this month, driven by high incentive spending, are expected to be about the same as a year ago or down slightly.

GM has told PSA it would only sell licenses for the manufacture of Opel cars to the French company if it agreed not to sell them in North America, Russia or China, a German magazine reported.

Waymo sues Uber, alleging stolen tech; Benz pickup for U.S.?; Audi board backs Stadler, Diess said to win support at VW; Car owners’ biggest gripe: Tech glitches.

As GM tries to sell its European business to PSA, one issue looms large: how the companies will manage an underfunded pension plan. GM’s pension plan for Opel and Vauxhall is underfunded by about $9 billion, according to Bloomberg.

PSA CEO Carlos Tavares played down the threat to British plants as he discussed his potential takeover of General Motors’ European operations during a visit to London.

PSA CEO Carlos Tavares played down the threat to British plants as he discussed his potential takeover of General Motors’ European operations during a visit to London.

Diversified Canadian auto supplier Magna International said increased protectionist measures in North America could pose a substantial risk to the supplier achieving ‘desired results’ in the future.

Mercedes-Benz Vans division is looking closely at a growing demand in the United States for midsize pickups to see whether there is potential to launch its X class in the market, divisional head Volker Mornhinweg said.

Mercedes is looking closely at a growing demand in the United States for midsize pick-ups to see whether there is market potential to launch its X class in the U.S.

Volkswagen Group’s embattled VW brand chief Herbert Diess still has the backing of the clan that controls the carmaker, despite his recurring clashes with labor leaders over cost-cutting plans, Reuters reported.