NEWS

IAC, Dana Name New CEOs

7/13/2015

International Automotive Components Group CEO James Kamsickas is giving up his post to become president and CEO of Dana Holding Corp. on Aug. 11.

GM Fund Raises Ignition Switch Death Toll to 124

7/13/2015

The fund set up to offer compensation to victims of General Motors Co.'s defective ignition switches has raised the tally of approved claims to 124 deaths and 266 significant injuries.

Domestic Trucks, Japanese Cars Dominate Top 10 Sales List

7/13/2015

As expected, Ford's F-Series fullsize pickup truck was the top-selling vehicle in the U.S. through the first six months of the year.

Chevy Silverado Pickup to Get Mid-Cycle Makeover

7/13/2015

General Motors Co. is giving its Chevrolet Silverado fullsize pickup a mid-cycle facelift for the 2016 model year.

Mercedes Readies Next-Gen Safety Features

7/13/2015

Daimler AG's Mercedes-Benz unit plans to launch a new suite of advanced safety technologies next spring on the next-generation E-Class sedan.

BorgWarner to Buy Remy International

7/13/2015

Auburn Hills, Mich.-based BorgWarner Inc. has agreed to purchase Remy International Inc. for $950 million in cash.

Making Bioethanol from Steelmaking Process

7/13/2015

ArcelorMittal has inked a deal with LanzaTech and Primetals Technologies to build a $96 million biofuel facility adjacent to ArcelorMittal's steel plant in Ghent, Belgium.

Hyundai Braces for “Tepid” Sales Growth

7/13/2015

Hyundai Motor Group Chairman Chung Mong-koo is urging the company's Hyundai and Kia units to push sales at all levels to offset "tepid" market growth in the second half of 2015.

Toyota Introduces Hybrid Minivan in Japan

7/13/2015

Toyota Motor Corp. has launched the second-generation of its Sienta minivan in Japan.

Renault-Nissan Reports €3.8 Billion in Savings

7/13/2015

The Renault SA-Nissan Motor Co. alliance says it saved €3.8 billion last year by sharing engineering, purchasing, manufacturing and human resources operations between the two companies, up from €2.9 billion in 2013.