Autoline Daily: Top Industry News for May 3

Chevy Updates the Camaro; Green Cars Hit 4.8% Market Share; FCA Reports Weaker Earnings

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Volkswagen’s Dieselgate Costs Top $33.6 Billion

Despite mounting Dieselgate costs, the VW Group remains upbeat on growth prospects for 2019. Increased sales of SUVs and savings from extensive cost-cutting have led it to forecast revenue growth of 5% this year.

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Continental Says Brake System Boosts Hybrids’ Efficiency

Continental says the MK C1 brake-by-wire system recovers additional electrical energy by enabling consistent use of the electric motor as a generator during braking, reducing CO2 emissions and fuel consumption.

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Audi Sport Restructures Management

Two executives will jointly manage Audi’s performance-car division as the current chairman retires.

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2019 Wards 10 Best Interiors Winner: Mercedes-Benz A220

Gallery
The Mercedes-Benz A220, with a sticker price of $51,935, was named a 2019 Wards 10 Best Interiors winner from a list of 32 new interiors that were eligible in this year's competition. Winners will receive their trophies May 9 at the WardsAuto Interiors Conference in Novi, MI. (Photos by Tom Murphy)

Canadian Auto Industry Seeks to Recoup Carbon-Tax Payments

Mark Nantais, president of the Canadian Vehicle Manufacturers’ Assn., warns the fossil-fuel surcharge paid by motorists in Ontario and three other provinces could dampen demand for autos in Canada.

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