Hyundai concept will preview brand's electric vehicle future

The redesigned wagon, on sale in North America next year, boasts a 591 hp twin-turbo powered V-8 engine mated to an eight-speed automatic transmission and all-wheel-drive, producing 590 pounds-feet of torque.

BYD sold 145,653 so-called new energy vehicles between January and June, up 95 percent from a year earlier. It also sold 82,419 gasoline models, down 45 percent.

Continental Structural Plastics, the Japanese-owned composites supplier, is manufacturing the Ford Explorer's engine shroud at its plant near the Ohio-Pennsylvania border.

The ride-hailing service is currently on probation after facing allegations over its approach to reporting serious criminal offenses and driver background checks from authorities in London.

The nation's largest retailer claims Tesla failed to live up to industry standards in the installation of solar panels on top of hundreds of stores, resulting in multiple fires across the U.S.

Earnings were hit by a sustained downturn in the Chinese market combined with costly measures to reduce dealers' inventories ahead of new emissions standards.

Gijsbert de Zoeten was most recently CFO at Dutch leasing company LeasePlan, which was owned by Volkswagen Group until 2015.

Volume increased 1.3 percent to 313,400 as gains at the Audi and VW brands more than offset weak results at Skoda.

The move by the electric-vehicle startup will enable it to obtain a license to produce electric vehicles from China regulators and to use Jiangling’s plant to quickly ramp up output as it readies an SUV for Europe.

Automaker says word must be used to describe vehicles that have powertrains other than internal combustion engines.