GM Announces $1 Billion Expansion in India
7/29/2015General Motors Co. says it will invest $1 billion in India to consolidate production at its Talegaon factory in Maharashtra.
Judge Cuts Jeep Fuel Tank Fire Award to $40 Million
7/29/2015A Georgia jury's award of $150 million to the family of a boy killed in a 1999 Jeep Grand Cherokee SUV crash and fuel tank fire has been reduced to $40 million by the presiding judge, Reuters reports.
GM Doubles Investment in Brazil, Names New Chief for South America
7/29/2015General Motors Co. says it will spend $3.8 billion in Brazil double the target it announced a year ago to deliver a new generation of vehicles equipped with more security, fuel efficiency and connectivity features.
MTU Partners with Lithium-Ion Battery Supplier
7/29/2015Rolls-Royce Power Systems AG's MTU Friedrichshafen unit has formed a partnership with Akasol GmbH to develop lithium-ion battery systems.
Hyundai Pickup Nears Approval
7/29/2015Hyundai Motor Co. is moving forward with production plans for the Santa Cruz concept pickup truck it unveiled at the Detroit auto show in January, according to multiple media reports.
NHTSA Rejects Request to Probe FCA Engine Stall Claim
7/29/2015U.S. safety officials have rejected a request from the Center for Auto Safety to investigate engine stalling and no-start problems in nearly 5 million trucks, minivans and SUVs made by Fiat Chrysler Automobiles NV.
Pininfarina, Mahindra to Resume Sales Talks in September
7/28/2015Talks involving a bid by India's Mahindra & Mahindra Ltd. to buy Italian design firm Pininfarina SpA stalled this month and will resume in September, sources tell Reuters.
Renault-Nissan, Daimler Put Initial Capacity of New Mexico Plant at 230,000
7/28/2015The joint-venture assembly plant being built in Mexico by Daimler AG and the Renault-Nissan alliance will open in 2017 with capacity to make more than 230,000 vehicles per year, according to the partners.
VW Group Outsells Toyota in First Half of 2015
7/28/2015Volkswagen Group sold 5.04 million vehicles in January-June, surpassing the 5.02 million units reported by Toyota Motor Corp., Bloomberg News notes.
Ford GT Named Top Concept Car of 2015
7/28/20152015 Ford GT concept car Ford Motor Co.'s GT supercar was named the Most Significant Concept Car of 2015 and Production Preview Concept of the year by a panel of 30 automotive journalists.