Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 12 – February 18, 2017
Tag: Possible_Terrorism_Warfare
Lost in translation? GM plant shutdown shocks South Korea
SEOUL (Reuters) – Only weeks into a new job heading General Motors Co’s international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM’s loss-making local unit. In what they thought were meet-and-greet introductions, senior officials agreed to work… Continue reading Lost in translation? GM plant shutdown shocks South Korea
Faraday gets new cash, California vs EPA could be “war,” electric car charging soars: Today’s Car News
Follow John Today, we’ve got half a billion dollars reportedly backing Faraday Future, a possible ‘war” between California and Trump’s EPA over loosening emission rules, and much more electric-car charging last year. All this and more on Green Car Reports. Struggling electric-car startup Faraday Future reportedly has $1.5 billion of new backing, and plans to… Continue reading Faraday gets new cash, California vs EPA could be “war,” electric car charging soars: Today’s Car News
Air bag danger: Ford, Mazda add to do-not-drive list
Ford is telling the owners of Ranger pickups not to drive them because their Takata air bag inflators may be dangerous. (Photo: Paul Sancya / AP) Detroit – Ford and Mazda are adding more than 35,000 pickup trucks in North America to a list of vehicles that should not be driven because they have Takata… Continue reading Air bag danger: Ford, Mazda add to do-not-drive list
GM Says Its Driverless Car Could Be in Fleets by Next Year
If approved, the Cruise AVs would probably appear first in San Francisco or Scottsdale, Ariz., where G.M.’s self-driving subsidiary, Cruise Automation, is conducting tests. In San Francisco, the division has set up a ride-hailing service using about 50 Cruise AVs, although the cars are available only for some of its 250 employees, not public customers.… Continue reading GM Says Its Driverless Car Could Be in Fleets by Next Year
Exclusive: Renault’s Mueller quits, clearing CEO succession path – sources
PARIS (Reuters) – Renault’s (RENA.PA) Chief Performance Officer Stefan Mueller is leaving the company, sources told Reuters on Friday – likely clearing the way for rival candidate Thierry Bollore to be named second-in-command and eventual successor to CEO Carlos Ghosn. Bollore, currently chief competitive officer, had been vying with Mueller for promotion in the succession… Continue reading Exclusive: Renault’s Mueller quits, clearing CEO succession path – sources
General Motors asks to avoid Takata airbag recalls for 3rd time
CLOSE Beleaguered Japanese air bag supplier Takata filed for Chapter 11 bankruptcy Sunday night in U.S. bankruptcy court in Delaware and is widely expected to also file for bankruptcy in Japan. Detroit Free Press staff New airbag inflators are installed on the Takata service recall of a 2005 Honda Accord LX at Suburban Honda in… Continue reading General Motors asks to avoid Takata airbag recalls for 3rd time
Electric Robotaxis Won’t Kill Sports Cars: Porsche CEO
Porsche AG will pursue a three-pronged strategy to diversify its lineup as the German manufacturer gears up for the rollout of its first all-electric sports car next year to tackle a fundamental industry shift toward battery-powered vehicles. “There will be a triad: plug-in hybrids, emotional sports cars with combustion engines and sporty electric vehicles,” Chief… Continue reading Electric Robotaxis Won’t Kill Sports Cars: Porsche CEO
Hyundai Motor posts 3% gain in quarterly profit
This was the first gain in quarterly profit in four years, analysts had been expecting it given a low base for comparison from a year ago. SEOUL: Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and… Continue reading Hyundai Motor posts 3% gain in quarterly profit
Ford 300-mile all-electric SUV may be named Mach 1; due 2020
Follow John [embedded content] The big new debuts at the 2018 Detroit auto show are largely pickup trucks, one of them being the new mid-size 2019 Ford Ranger. Ford also introduced a new Bullitt Mustang, honoring the 51st anniversary of the legendary 1968 movie, and a high-performance ST version of the Edge crossover. (Is it… Continue reading Ford 300-mile all-electric SUV may be named Mach 1; due 2020