GM cleared in second lawsuit involving faulty ignition switchesThu, 25, Aug 2016
A Texas jury on Thursday said a GM ignition switch was not to blame for a fatal 2011 crash, according to a statement from the company. The verdict in Harris County, Texas, is the second in favor of GM this year in a lawsuit over a recalled ignition switch that has been linked to nearly 400 injuries and deaths.
Amazon, expanding automotive business, launches vehicle research portalThu, 25, Aug 2016
Amazon launched Amazon Vehicles, a car research portal where consumers will have access to vehicle detail pages and reviews of thousands of new and classic cars, while being able to upload photos and videos of their own rides. Amazon has been steadily carving out a spot in the automotive space.
Faurecia recasts interiors for self-driving carsThu, 25, Aug 2016
With self-driving cars expected on the road within three to five years, French supplier Faurecia is focusing on the cabin of future autonomous cars.
VW dealers battle staff poachingMon, 22, Aug 2016
Volkswagen dealers are fighting to keep sales staff intact as U.S. sales continue to fall and the automaker's diesel emissions cheating scandal drags into a 12th month.
Chevy dealership in Texas targeted by thieves; wheels stolen from 48 vehiclesThu, 25, Aug 2016
Thieves broke in and stole more than $200,000 worth of wheels and tires off 48 new vehicles at a dealership in Tyler, Texas, last weekend. Tyler Police Department Public Information Officer Don Martin said the incident occurred around 1 a.m. Sunday at Peltier Chevrolet.
Four dealerships got the worst flood damage among auto retailers in LouisianaThu, 25, Aug 2016
Four dealerships bore the brunt of flood damage in Louisiana last week, which destroyed entire inventories in some cases, the presidents of the Louisiana and national dealers associations said.
Uber lost at least $1.2 billion in first half of 2016, report saysThu, 25, Aug 2016
Uber's losses in the first half of 2016 totaled at least $1.27 billion, people familiar with the matter told Bloomberg. The ride-hailing giant is not a public company, but its finance chief briefs investors on a conference call every three months.
VW and U.S. dealers reach compensation pactThu, 25, Aug 2016
Volkswagen and its U.S. dealers have reached an "agreement in principle" to compensate its 650 U.S. retailers for damages sustained by their businesses in the wake of the automaker's diesel emissions scandal. The deal is worth about $1.2 billion, Reuters reported.
First driverless taxi hits the streets of SingaporeThu, 25, Aug 2016
The first driverless taxi began work today in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district.
German prosecutors review stolen Bosch data for VW diesel scandal cluesThu, 25, Aug 2016
Prosecutors in Stuttgart, Germany, are examining a trove of stolen Bosch data to see whether it contains clues about how Volkswagen cheated diesel emissions tests.
UAW organizes Magna seating plant in TennesseeThu, 25, Aug 2016
Workers at Magna's new Spring Hill, Tenn., plant voted nearly unanimously to join the UAW, giving the union a key victory in a right-to-work state. The UAW said workers voted 192-1 to join the union. About 230 workers are employed at the 122,500-square-foot plant, which opened in 2015 and produces seats for the Cadillac XT5 and the GMC Acadia.
Tesla wins U.S. antitrust approval to buy SolarCityThu, 25, Aug 2016
Tesla Motors won U.S. antitrust approval to buy solar panel installer SolarCity, the Federal Trade Commission said. The deal was announced on Aug. 1 and is part of an effort by Tesla to improve economies of scale in electrical energy management systems, battery production and marketing.