Top News:
- Diesel vehicles to be banned from Paris, Madrid, Athens and Mexico City by 2025 – Autocar: Worsening road congestion is increasing pollution in cities
- Danish prosecutor indicts Uber over driver violations – Reuters: Ride-hailing group Uber Technologies’ [UBER.UL] European business has been indicted in Denmark on charges of assisting two drivers in violating taxi laws, the Copenhagen police’s head of public prosecutions said on Friday.
- German car sales headed for highest growth in six years -VDA – Reuters: The Berlin-based lobby, whose members include major groups Volkswagen, Daimler and BMW, expects no weakening in 2017 registrations. “For the coming year we expect a similarly high market volume,” VDA president Matthias Wissmann said in written …
- VW finance arm’s profit up on higher demand for diesel cars – Reuters: … and the Porsche Holding Salzburg distributor. The finance arm of Europe’s largest automaker has increased its portfolio of new contracts 10 percent to 7.44 million contracts from 6.76 million in 2015.
- MEXICO: Sales surge 23%, break Nov. record – Automotive News: Sales of cars and light trucks set new records in Mexico for November and for the year to date as strong automaker financing overcame rising interest rates and a weaker peso.
- Mercedes-Benz reveals new digital lighting technology – Autocar: New Mercedes tech can project illuminated symbols, such as zebra crossings, on to the road and will feature on the firm’s future models
- VW’s penance for cheating takes shape with California wish list – Automotive News: California’s regulator that played a key role in busting Volkswagen for cheating on emissions tests laid out a detailed list of options for how the automaker will have to spend $800 million toward advancing cars that don’t pollute the air.
- BRIEF-Toyota Motor Credit Corp’s CFO Chris Ballinger resigned – Reuters: Chris Ballinger, senior vice president and chief financial officer of company, has resigned, effective January 9, 2017
- 2018 Mercedes-Benz CLE spotted testing – more pics – Autocar: Four-door development car spotted testing in Germany; due to arrive in 2018
- Why It Seems Like Open Season on Car Companies: QuickTake Q&A – Bloomberg: Fiat-Chrysler is being sued, and Mercedes parent Daimler faces an investigation and lawsuits over similar allegations. Mitsubishi admitted doctoring…
- Honda outselling Toyota in China, sets up photo finish for 2016 – Reuters: Honda Motor Co’s sales in China surpassed those of Toyota Motor Corp for the first 11 months of 2016 as fresh models lured consumers and set the Japanese rivals up for a photo finish for full-year sales ranking in the world’s top auto market.
- Alfa Romeo Stelvio Quadrifoglio – updated with dynamic video – Autocar: Despite being launched in Quadrifoglio form, the Alfa Romeo Stelvio will reach Britain as a diesel first; new SUV is a rival to the Porsche Macan and Jaguar F-Pace