WardsAuto Daily

JUNE 24, 2016

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U.K. Automakers Set to Retrench After ʽBrexitʼ OK

Mike Hawes, SMMT chief executive, says: “Government must now maintain economic stability and secure a deal with the EU which safeguards U.K. automotive interests."

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Forecast: June Sales to Hit 11-Year High

Most automakers are expected to post year-over-year gains, resulting in a 2.5% improvement in the daily sales rate.

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Volkswagen Plotting Decade-Long All-Electric Surge

Group CEO Matthias Muller fills in shareholders.

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Autoline Daily

VW to Pay Diesel Owners, Boxes: Not Just for Kids to Play With, Chinese Buyers Switching to Chinese Brands

GM, U.S. Navy Expand Fuel-Cell Business Case

The automaker’s fuel cell will power an unmanned undersea vehicle capable of up to 70 days under water.

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Nissan Sues South Korea Over Emissions-Cheating Claims

"We have filed the lawsuit to dispute the ministry's accusations," a Nissan spokesman says.

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Asian Automakers Rethink U.K. Stake After Brexit Vote

 Investments in Britain could slow or pause for now.

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