General Motors will invest $5 billion to build a global line of cars with Shanghai-based SAIC Motors that will be sold in Brazil, China and other emerging markets, the automaker announced Tuesday.
The cars won’t be sold in the United States, according to the statement.
The global vehicles will go on sale starting in 2019 and the automaker expects the line to eventually produce roughly 2 million cars annually.
Honda unveiled its refreshed mid-sized sedan on Thursday, complete with facelift and available 19-inch wheels on the Acura Accord.
The new car also sports updated technology, including Apple’s CarPlay and Android Auto systems and a 7-inch touchscreen on EX and higher trims.
The Accord will continue to use its 2.4-liter four and 3.6-liter V-6 engines.
Lexus will offer for the first time in the United States a four-cylinder IS, the automaker announced Friday.
The compact luxury car will sport a variety of engines starting with a 2-liter turbocharged four-cylinder borrowed from the NX200t, and two variations of its 3.5-liter V-6 that it currently offers.
The smaller mill in the IS200t will produce 241 horsepower and 258 pound-feet of torque, according to the automaker, and will only be offered with rear-wheel drive.
The head of the Asia Pacific region for Fiat Chrysler Automobiles abruptly left his position Thursday, only a few days before the former head of FCA in Australia is expected to file a defense against allegations that he misused money, Drive in Australia is reporting.
FCA Asian-Pacific chief John Kett left the company “to pursue other business interests,” according to the automaker. His resignation is effective immediately.
Former managing director of FCA in Australia Clyde Campbell is accused by the automaker of swindling more than $30 million from the company to pay for extravagant parties and gifts. Read More >
Hyundai is looking to jump into the subcompact crossover fold in the States with the Nissan Juke, Honda HR-V, Chevrolet Trax and everyone else, but it won’t be with the Creta, Edmunds is reporting.
The Creta recently went on sale in India, but executives in America told Edmunds that it wasn’t the right fit for U.S. buyers.
“We have decided to wait a little bit longer to get the right vehicle,” said Dave Zuchowski, president and CEO of Hyundai Motor America.
Supplier and sometimes-assembler Magna International will buy German transmission-maker Getrag for roughly $1.9 billion, the Detroit News is reporting.
The deal would firmly plant Canadian-based Magna International as the world’s second-largest parts supplier behind Robert Bosch GmbH and ahead of ZF, which recently purchased TRW Automotive for $12.4 billion earlier this year.
“The trend among the suppliers is that we now have to be bigger as the auto makers go to us to do more for them,” Magna Chief Executive Don Walker told the Wall Street Journal on Thursday.
The new mini crossover from Mazda will start at $19,960 (not including $880 destination) when it goes on sale after next month, the automaker reported Thursday.
That puts the CX-3 in leagues with the Chevrolet Trax, Nissan Juke, Honda HR-V and Jeep Renegade as sub-$20,000 crossovers in an increasingly crowded and competitive segment.
Like the rest of its competition, it’s not hard to hike the CX-3’s final price up in a hurry.
Last month, Honda released its annual Sustainability Report outlining the company’s position and direction under its new CEO Takahiro Hachigo.
Outlined on Page 73 of its 104-page report, Honda admits its number of female managers in Japan is quite low.
Well, actually 0.5-percent low.
American Honda CEO John Mendel says he could tell us about the “baby NSX” that popped up in a patent filing, but that would probably get him fired, AutoGuide is reporting.
Whatever the patent filing is — whether it’s a smaller NSX, perpetual prototype or a late-night CAD fantasy — it could find a home in Honda’s lineup that’s decidedly missing a sports car.
When asked if there’s room for a driver’s car, Mendel responded: “Absolutely there is.”
Next year’s Formula 1 season may have 21 races, including the first in Azerbaijan and a race in Germany after this year’s planned event was cancelled.
The provisional calendar for F1 was released Friday with 21 races scheduled, the same number of races on last year’s provisional calendar. The race on the streets in Baku, Azerbaijan this year would be dubbed the European Grand Prix and could be held in July.
The 2016 season would begin in Australia in April and end in Abu Dhabi in November.
Nissan announced yesterday that the current-generation Rogue would be concurrently produced for U.S. sales in Japan, Korea and the automaker’s Smyrna, Tennessee plant, which had us wondering: What about the Rogue Select?
According to a Nissan spokesman, the Rogue Select (which is essentially the last-generation Rogue) won’t be built alongside the current-generation Rogue in Japan, which may spell the end of the Select model in the states.
Nissan announced today they’ll expand production of the current-generation Nissan Rogue to its Japanese plant and import those cars into the U.S.
Nissan’s Kyushu plant produces a version of the Rogue already on sale in the U.S., called Rogue Select. It’s unclear if the current-generation Rogue and last-generation Rogue will be produced side-by-side or if Nissan will discontinue selling the Rogue Select.
U.S.-sold Rogues are sourced from Nissan’s Symrna, Tennessee plant and Busan, Korea.
Mazda announced today a dealer-installed option that’ll let owners start their car, lock their doors and annoy everyone in the neighborhood via panic alarm.
The app, which is free for the first year and $65 annually after, will be called Mazda Mobile Start. The suggested retail price is $500 for the option, but allegedly official kits are selling on Ebay for $419.50.
Former Toyota communications chief Julie Hamp will be released from jail Wednesday, according to Bloomberg News (via Kyodo News).
Hamp was jailed June 18 for allegedly mailing herself 57 Oxycodone pills, which are illegal in Japan. She resigned her position with Toyota on June 30 as one of the global automaker’s highest-ranking female executives.
The reason for Hamp’s release is unclear. Bloomberg reported that prosecutors in Japan didn’t have enough evidence to indict Hamp on the charges. Kyodo News (via translator) reported prosecutors determined Hamp’s actions weren’t malicious and her resignation may have been enough punishment.
New Honda CEO Takahiro Hachigo told media Monday that the automaker wouldn’t aim for a specific global sales figure to drive growth and would be open to partnerships with other automakers, Automotive News reported.
The speech also emphasized sharing global manufacturing resources within Honda’s six regional divisions and to create “challenging products.” (Which may or may not — probably not — mean “Challenger.”)
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