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NHTSA: New Test Data On Particular Subset Of Takata Air Bag Inflators Shows Substantially Higher Risk

WASHINGTON – New test data on a particular subset of defective Takata air bag inflators in certain model-year 2001-2003 Honda and Acura vehicles show a far higher risk of ruptures during air bag deployment, prompting an urgent call from the National Highway Traffic Safety Administration to ensure that unrepaired vehicles in this population are found […]

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BMW Partners With Cox Automotive To Drive Remarketing Excellence

ATLANTA, June 13, 2016 – As the auto industry prepares for the increase in off-lease vehicle inventory, BMW Financial Services (BMWFS) is making it easy for all dealers to source high-quality BMW and MINI vehicles before they cross the auction block. Powered by RMS Automotive’s web-based vehicle portfolio management solution, BMWGroupDirect.com is now accessible to […]

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BMW i Ventures Announces Strategic Investment in Scoop

NEW YORK – BMW i Ventures has announced a strategic investment in Scoop Technologies, Inc., creators of the carpooling mobile application “Scoop”. Since launching in August 2015, Scoop commuters have taken more than 40,000 trips, offsetting nearly 500,000 in commute mileage for riders. Originally launched in Pleasanton, CA, Scoop now also operates commute trips into […]

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AutoZone is Hiring 10,000 Full-Time/Part-Time AutoZoners

MEMPHIS, Tenn., – AutoZone, Inc. (NYSE:AZO), the leading retailer and a leading distributor of automotive replacement parts and accessories, is hiring more than 10,000 new full and part-time employees nationwide through April to ensure its more than 5,100 U.S. stores are staffed and ready to provide WOW! Customer Service during the busiest selling season. Markets […]

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Ford Invests $170 million In South Africa To Build The All-New Everest SUV, Creating 1,200 New Jobs

PRETORIA, South Africa, – Ford Motor Company is investing R2.5-billion ($170 million U.S. dollars) to expand operations in South Africa at its Silverton Assembly Plant in Pretoria, South Africa, to produce the all-new Ford Everest, along with the new Ford Ranger that was launched at the end of last year. This investment will create approximately […]

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GM to Acquire Cruise Automation to Accelerate Autonomous Vehicle Development

SAN FRANCISCO – General Motors Co. (NYSE:GM) announced it is acquiring Cruise Automation to add Cruise’s deep software talent and rapid development capability to further accelerate GM’s development of autonomous vehicle technology. “Fully autonomous vehicles can bring our customers enormous benefits in terms of greater convenience, lower cost and improved safety for their daily mobility […]

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GM Invests $148 Million in Spring Hill Manufacturing

SPRING HILL, Tenn. — General Motors will invest $148 million to repurpose flexible machining and assembly equipment at its Spring Hill Manufacturing plant to build V8 engines to meet market demand, retaining approximately 200 jobs. The investment will enable Spring Hill to quickly add capacity to build the Small Block 6.2L V8 engine in the […]

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New GM Used Car Online Service Now Open for Business

DETROIT – General Motors’ recently announced service for online shoppers who are looking for a used Chevrolet, Buick, GMC or Cadillac vehicle, the Factory Pre-Owned Collection (http://www.factorypreownedcollection.com), is now live. GM is the first automaker to provide U.S. consumers with online access to an exclusive national inventory of low-mileage former GM company-owned, off-lease and daily […]

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Volkswagen Making Good Progress With its Investigation, Technical Solutions, and Group Realignment

The Volkswagen Group’s realignment is well underway. The Group is making progress on all five of the priorities it set at the end of October: The technical solutions for customers in Europe have been devised, presented to the authorities, and positively evaluated by them. These solutions will begin to be implemented in January 2016. The […]

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U.S. Department of Transportation and Mobileye Partner to Equip Smart City Challenge Winner with Crash Avoidance Technology

LAS VEGAS – U.S. Transportation Secretary Anthony Foxx today announced the latest partnership in the Smart City Challenge; the winning city’s public bus system will receive the installation of Mobileye’s Shield +TM technology on every bus. This is in addition to U.S. DOT’s award of up to $40 million and an award of up to […]

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