NEWS

Nissan Expands Fuel Tank Leak Recall

10/27/2015

Nissan Motor Co. has expanded an earlier recall to fix a fuel tank seal that could leak in a crash.

Toyota Regains Sales Lead Over VW

10/27/2015

Toyota Motor Corp. has regained a slight sales lead over Volkswagen AG through the first nine months of 2015 after falling behind in the first half of the year.

Tesla Reiterates Plan to Make EVs in China, Eventually

10/27/2015

Tesla Motors Inc. says it is negotiating in China to begin building its electric vehicles there.

Ferrari IPO Generated $982 Million

10/27/2015

Last week’s sale of 1.72 million shares in Ferrari SpA generated gross proceeds of $982 million, according to owner Fiat Chrysler Automobiles NV.

VW Hires ex-GM Exec as Group Strategist

10/27/2015

Volkswagen AG has hired Thomas Sedran, a former executive at Adam Opel AG, to be its new head of group strategy, effective Nov. 1.

Bridgestone to Buy Pep Boys Aftermarket Retailer

10/27/2015

Bridgestone Americas Inc. has agreed to buy aftermarket parts retailer Pep Boys for $835 million.

PSA to Reveal “Real-World” Fuel Economy Info

10/26/2015

PSA Peugeot Citroen SA says it will begin publishing “real world” fuel economy information for its main vehicles as soon as possible.

BorgWarner Expands Michigan Tech Center

10/26/2015

BorgWarner Inc. has completed a 46,000-sq-ft expansion of its powertrain technical center at its Auburn Hills, Mich., headquarters campus.

UAE Company Readies Desert Racer

10/26/2015

Zarooq Motors, a startup company based in the United Arab Emirates, says it will launch its first model—a performance car designed for desert conditions—early next year.

Smart Targets New Phone Apps

10/26/2015

Daimler AG’s Smart unit is evaluating several new smartphone applications to aid drivers and allow them to share information with other Smart owners, Automotive News reports.