Top News:
- Auto parts maker Magna’s profit falls due to strong US dollar – Reuters: Feb 26 Canadian auto parts maker Magna International Inc reported a 6.4 percent fall in quarterly profit, hurt by the impact of a strong U.S. dollar.
- Honda to become “zero-emissions” by 2050 – Just-auto: Honda Motor expects two-thirds of its global sales will be zero-emissions vehicles by 2030.
- DS E-Tense electric concept car revealed ahead of Geneva motor show – Autocar: Two-seat 402bhp concept car has a maximum claimed range of 224 miles and previews some design aspects that could feature in future DS models
- Audi Targets New SUVs Big and Small – Bloomberg: Audi is revving up its effort to topple BMW as the world’s top luxury-car brand with new sport utility vehicles ranging from the tiny Q2 to the full-size Q8.
- Ford launches autonomous driving system with Kuga and Sync 3 in Europe at MWC 2016 – Ibtimes: At the MWC 2016, Ford made a host of announcements exclusively for the European market, as an extension of its Ford smart mobility plan, which is…
- Ford confirms $145M Cleveland Engine Plant investment – Freep: Ford confirmed Thursday that it plans to invest $145 million to upgrade its Cleveland Engine Plant so it can build its next-generation, 3.5-liter EcoBoost…
- S. Korea’s auto market grows to world’s 10th largest in 2015 – Yonhap: More than 1.83 million domestically made and imported cars were sold here last year, accounting for 2 percent of auto sales around the globe,…
- Nissan Disables Leaf Electric Car App After Cross-Continent Hack – Bloomberg: Nissan Motor Co. disabled a mobile application for controlling its Leaf electric car after a security researcher demonstrated how hackers could access…
- Rising Electric Vehicle Sales Concern Oil Industry – Bloomberg: That will be the start of a real mass-market liftoff for electric cars. Bloomberg’s Tom Randall reports on “Bloomberg West.” (Source: Bloomberg)…
- World NCAP to eradicate zero-star cars by 2020 – Autocar: Crash safety organisation World NCAP is pledging to eradicate cars that score zero stars by 2020
- Capital One, MUFG and Toyota Tsusho to Invest in Nevada Solar – Bloomberg: Units of Capital One Financial Corp., Mitsubishi UFJ Financial Group Inc. and Toyota Tsusho Corp. are seeking federal approval for a tax-equity…