Tesla expands bond sale to $1.8 billion to fund Model 3 launch, report saysAuto News

Tesla is increasing its debut bond deal to $1.8 billion as it seeks to finance production of the Model 3, Bloomberg reported.

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Chased by Challenger, Chevy to Evaluate Camaro Build Options (8/11/17)

Chased by Challenger, Chevy to evaluate Camaro build options; Ford: No training center probe needed;...
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GM accuses bankruptcy trust of secret $1 billion stock plotAuto News

General Motors accused the trust set up to handle its bankruptcy claims of secretly plotting with plaintiffs' attorneys to make it pay $1 billion in stock as part of a $15 million class-action settlement.

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Magna Q2 profits hit record on 3% revenue gainAuto News

Magna International's second-quarter net income edged up 0.5 percent to a record $561 million. Revenue during the quarter rose 3 percent to $9.68 billion, driven in part by higher sales in Asia.

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For some suppliers, a cautious eye on the EV's prospectsAuto News

Some of the world's top auto-parts suppliers aren't buying all the enthusiasm about the electric vehicles hyped by Tesla CEO Elon Musk and larger automakers trying to keep up.

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Ford won't review training center finances amid UAW-FCA charges; GM mumAuto News

Ford will not review the finances of a joint employee training center with the UAW after indictments related to an alleged plot to funnel millions of dollars from the UAW-Chrysler National Training Center to officials at the automaker and union.

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VW diesel investigation adds another suspect in Germany Auto News

German prosecutors investigating the VW diesel-rigging scandal have again expanded the criminal fraud probe by adding another suspect, bring the total number of people under investigation to 38.

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Uber investor sues to force former CEO Kalanick off boardAuto News

The lawsuit accuses Travis Kalanick of concealing a range of misdeeds from Uber's board and plotting to retain power at the company even after he was forced to resign as chief executive in June following a series of scandals.

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Nissan's next Altima slips outAuto News

The 2018 Nissan Altima, based on new spy images, will feature less rounded surfaces than the current sedan, and a more pronounced back side. Body sculpting appears to have traces of the Vmotion 2.

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U.S. opens comment period for review of mpg rules Auto News

The federal government began seeking public comments for a review of tougher U.S. vehicle fuel-efficiency standards put in place by the Obama administration.

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Toyota, Denso, Intel, others form big data consortiumAuto News

Toyota, supplier Denso, chipmaker Intel and other technology and auto companies will establish a consortium to create an ecosystem for big data used in connected vehicles.

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Chevy reassesses trim, build options on CamaroAuto News

GM is reassessing some trim and build options for the Chevrolet Camaro in an attempt to better compete against the Ford Mustang and Dodge Challenger, according to product chief Mark Reuss.

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Why Basic Driving Skills Are Eroding (8/10/17)

Why basic driving skills are eroding; Acura RLX makeover; Ferrari mulls Dino revival; Germany...
from TumblrCynthia Lin

Alan Peckolick, GM logo designer, dies at 76Auto News

Alan Peckolick, the artist behind a version of the General Motors logo, died Aug. 3 in Danbury, Conn. He was 76.

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Alan Peckolick, GM logo designer, diesAuto News

Alan Peckolick, the artist behind the General Motors logo, died Aug. 3 in Danbury, Conn.,

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IAA, ADESA power KAR's Q2 results Auto News

KAR Auction Services' second-quarter net profile fell 7.4 percent on a debt-restructuring charge, even as revenue grew.

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Germany to inspect Ford Mondeo cars for possible emissions device, report saysAuto News

Germany has ordered its road transport watchdog to look at whether Ford's mid-sized Mondeo model contains an illegal emissions cheating device, a German magazine reported.

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Consumers may buy fewer cars in areas served by Uber, Lyft, study saysAuto News

In areas served by Uber, Lyft and other ride services, consumers may buy fewer cars and take fewer trips, according to a new study.

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Acura freshens flagship RLX sedanAuto News

Acura is giving the RLX a makeover for 2018 to revive interest in its oft-forgotten large sedan.

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As cars drive themselves, human driving skills may sufferAuto News

If your car can hit the brakes in an emergency and check your blind spots, will that make you a worse driver? Increasingly, automakers are worrying it may.

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