Porsche CEO expects boost from retooled PanameraWed, 29, Jun 2016
Porsche expects the retooled, second-generation Panamera to give a boost to the weakest performing model in its portfolio. Porsche is targeting luxury car buyers with a sportier, sleeker version of the four-door coupe-styled sedan that lands in U.S. dealerships early next year.
Toyota recalls 3.4 million cars globally over airbags, fuel tanksTue, 28, Jun 2016
Toyota said it’s recalling about 3.4 million vehicles globally to repair separate flaws involving leaky fuel tanks and curtain airbags that may crack and injure occupants.
Suzuki Motor appoints scion as CEO to rebuild after testing scandalWed, 29, Jun 2016
Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal.
Former NFL running back dies in accidental shooting at Michigan dealershipTue, 28, Jun 2016
A former NFL running back died after accidentally shooting himself at a dealership service department in suburban Detroit on Tuesday. Fox 2 in Detroit and The Detroit News reported that the victim was Zurlon Tipton, a running back who played football for Central Michigan University and the Indianapolis Colts. He was 26.
Brexit may cost carmakers 2.8 million global sales, IHS saysWed, 29, Jun 2016
The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3.2 percent this year, the UK may grow by just 1 percent followed by declines in the next two years.
Why VW owners get $10,000 in U.S., but a bit of pipe in the EUWed, 29, Jun 2016
If you own a Volkswagen with a diesel engine in the U.S., the company will buy back your car and give you as much as $10,000. If you drive one in Europe, you may only get a piece of pipe. The reasons for the wide disparity is the big differences in legal and regulatory structures in each region.
Mitsubishi hints at high-end SUV with Ground Tourer conceptMon, 27, Jun 2016
Mitsubishi, fighting an emissions scandal at home and a sparse lineup overseas, is dangling a new “high-end SUV coupé" concept to showcase a new direction in design and product.
Tesla investor group wants more independent board, cites Musk tiesTue, 28, Jun 2016
An investor group called on Tesla to add two independent directors to its board and separate the roles of chairman and chief executive as it highlighted founder and CEO Elon Musk's dominance of the board in the wake of Tesla's proposed bid for SolarCity.
VW owners to get buyback price plus at least $5,100 in U.S. dealTue, 28, Jun 2016
VW's decision to violate U.S. emissions rules on 2.0-liter diesel vehicles, a cornerstone of its vehicle lineup, will cost the company more than $15 billion under far-reaching settlements with car owners, the federal government and dozens of states.
Lincoln to provide free pickup, delivery for service vehiclesTue, 28, Jun 2016
Lincoln, in a bid to stand out among larger luxury brands, will provide free pickup and delivery of service vehicles to new owners starting with 2017 models.
FEV North America to build $27.4 million tech center in suburban DetroitTue, 28, Jun 2016
FEV North America plans to construct a $27.4 million North American headquarters and tech center north of Detroit in Auburn Hills.
Fiat Chrysler rollaway recall linked to 68 injuries, 266 crashesTue, 28, Jun 2016
U.S. safety regulators said on Tuesday there were 68 reported injuries and 266 reported crashes in vehicles, including 2014-2015 Fiat Chrysler Jeep Grand Cherokee models with a type of gear-shifting control that has confused some consumers and led to rollaway incidents, prompting a recall.