Valeo’s Profit Surges 34%
7/27/2015Valeo SA reports its revenue in the first half of 2015 grew 15% to €7.3 billion, and net income jumped 34% to €344 million.
GM Reaches Tentative Wage Deal in Korea
7/27/2015General Motors Co. and its labor union in South Korea have reached a tentative agreement to hike wages and maintain production levels at GM's factory in Bupyeong, Reuters reports.
GM Ignition Switch Fund Accepts 3 More Injury Claims
7/27/2015The death toll linked to General Motors Co.'s defective ignition switches remains unchanged at 124 this week.
UPDATE: FCA Slapped with Record $105 Million Safety Penalty
7/27/2015The National Highway Traffic Safety Administration has levied a record $105 million in civil penalties against Fiat Chrysler Automobiles NV for delays involving 23 recalls and 11 million vehicles over the past six years.
Going Once... Online Auction Site Targets Classic Cars
7/27/2015Mycarquest.com, an independent site devoted to classic cars, has added an online auction service.
Outfitter Rolls Out Wheelchair-Ready SUV
7/27/2015Braun Corp. will begin selling a wheelchair-accessible vehicle based on Ford Motor Co.'s popular Explorer SUV this autumn.
Developer Touts 3-D Printing Prototype Capabilities
7/27/2015Houston-based Changing Technologies (CHGT) Inc. says its 6th Dimension Technologies subsidiary has won a contract to produce 3-D-printed prototypes of fuel injection nozzles and fittings for use in nitrous race cars.
India Readies Revamped Vehicle Safety Rules
7/27/2015India's central government is preparing new laws to reduce traffic fatalities and injuries, notes Prime Minister Narendra Modi.
New Accord Gets Tech Upgrades
7/27/2015Honda Motor Co. says its 2016 Accord is the most technically advanced version of the high-volume midsize car to date.
Honda Opens New Silicon Valley R&D Center
7/27/2015Honda Motor Co. says its new 35,000-sq-ft research and development center in Mountain View, Calif., will allow it to collaborate with Silicon Valley innovators and better integrate next-generation consumer electronic technology into future vehicles.