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BRUSSELS — Fiat Chrysler Automobiles and PSA Group have offered concessions to address EU antitrust concerns about their plan to create the world’s fourth-biggest automaker, a European Commission filing showed on Friday. The EU antitrust enforcer temporarily halted its investigation into the deal in July while waiting for the companies to provide requested data. It
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WASHINGTON — BMW and two U.S. subsidiaries agreed Thursday to pay an $18 million fine to resolve accusations that they disclosed misleading information about the German luxury automaker’s retail sales volume in the United States while raising approximately $18 billion from investors in corporate bond offerings. The U.S. Securities and Exchange Commission said from 2015
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SHANGHAI — Just like Americans, Chinese shoppers are developing an insatiable appetite for crossovers and SUVs. And that is where automakers are targeting a growing number of their products. At the Beijing auto show, opening Saturday, Sept. 26, global brands will attempt to wow audiences with new vehicles for those segments. Two years ago, Volkswagen,
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YOKOHAMA, Japan — Infiniti is previewing more athletic, commanding styling for the next-generation QX60 three-row crossover, promising it will elevate the brand’s premium image. The sleek, platinum-hued QX60 Monograph debuted late Thursday in an online unveiling from the global headquarters of the Infiniti brand’s parent, Nissan Motor Co. The vehicle is a close-to-market design study
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The Porsche Cayman has long been one of the best sports cars on sale but which generation is the best? YouTube channel EverydayDriver recently set out to answer that question. While the Boxster/Cayman twins have been built in four different generations, only the second-gen (987), third-gen (981), and fourth-gen (982), are featured in this video.
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HAMBURG — German prosecutors said on Wednesday they had charged another eight Volkswagen employees over the scandal surrounding cheating on diesel engine emission tests. The eight are accused of fraud, false certification and violation of the law against unfair competition, the Brunswick prosecutor’s office in VW’s home state of Lower Saxony said in a statement.
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ATLANTA — Porsche Cars North America is expanding adjacent to its headquarters in metro Atlanta. The sports car maker will begin construction of a service center and a classic factory restoration center next to Hartsfield-Jackson Atlanta International Airport. The 33-acre “multimillion-dollar development” will also be used to expand the Porsche Experience Center performance track, the
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TOKYO — Shortly before Thanksgiving 2018, American auto executive Greg Kelly got an urgent message saying he was needed in Japan for important business at Nissan Motor Co., where he was a director. Kelly initially balked at the idea. The longtime Nissan human resources executive was at home outside Nashville, preparing for the holiday and
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Record-breaking Florida car dealer and philanthropist Rick Case, CEO of Rick Case Automotive Group, died Monday at his home in Fort Lauderdale from complications of cancer. He was 77. In 1962 at age 19, Case opened his first dealership, a used-car lot named Moxie Motors, in his hometown of Akron, Ohio. In 1966, he opened
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Tesla Inc. appeared to suffer a network outage that left owners of its electric cars unable to connect to their vehicles via the company’s mobile app. People filed hundreds of complaints on the website DownDetector.com saying they can’t use their mobile apps or get through to Tesla’s customer-service lines. One owner said he accidentally locked
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CEO Elon Musk outlined Tesla Inc.’s plans to cut electric vehicle battery design and manufacturing costs so radically that a $25,000 car that drives itself will be possible, but the automaker’s shares slipped as Musk forecast the change could take three years. Musk acknowledged that Tesla does not have its ambitious new vehicle and battery
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The Tesla Model S is going Plaid and it’s astronomically fast. On Tuesday after the company’s annual shareholder’s meeting, Elon Musk outlined battery updates. At the end of the presentation, the CEO laid out performance specs for the Model S Plaid, which is available for order now for a cost of $141,070 (including destination). The
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After adding the Voyager minivan to its small lineup last year, Chrysler is back with new technology and revamped styling for the Pacifica and a slimmer set of offerings for the aging 300. The brand goes into Fiat Chrysler Automobiles’ planned merger with France’s PSA Group with three vehicles, and it remains to be seen
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Ford Motor Co. and Unifor on Tuesday agreed to a tentative contract, averting a strike hours after the sides agreed to extend talks beyond a midnight deadline. Unifor President Jerry Dias made the announcement at a downtown Toronto hotel. According to the union, the deal includes: CDN$1.95 billion in combined investment in the Oakville and
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