NEWS

Mercedes Readies Next-Gen Safety Systems

7/8/2015

This week Daimler AG's Mercedes-Benz unit detailed its new suite of advanced safety technologies.

Japanese Police Release Former Toyota Executive Hamp

7/8/2015

Japanese authorities have released Julie Hamp, the former Toyota Motor Corp. executive, who was arrested on June 18 for receiving a package of prescription painkillers without government permission.

FCA, CNH Industrial Sign 4-Year Labor Pact

7/8/2015

Fiat Chrysler Automobiles NV and CNH Industrial NV have signed labor agreements with Italian unions that introduce a bonus plan linked to company efficiency and profitability goals, Reuters reports.

Renault Trims Global Sales Forecast

7/8/2015

Renault SA now expects its worldwide sales to grow 1% in 2015, half the rate it previously forecast.

VW Resumes Car Assembly in Nigeria

7/8/2015

Volkswagen AG began on Tuesday to assemble vehicles in Nigeria for the first time in 25 years.

Autoliv, Takata Targeted for Price Fixing in Brazil

7/7/2015

Safety system suppliers Autoliv Inc. and Takata Corp. are being investigated in Brazil for possible price fixing, Reuters reports.

Honda to Focus on Brand Image, Not Growth

7/7/2015

Takahiro Hachigo, who took over as Honda Motor Co.'s CEO last month, says the company will first rebuild its tarnished brand image before focusing on growth.

Japan Won’t Prosecute Ex-Toyota Exec on Drug Charges

7/7/2015

Prosecutors have decided not to prosecute Julie Hamp, who resigned last week as Toyota Motor Corp.'s new head of communications after being arrested on suspicion of illegally importing a narcotic painkiller, sources tell the Kyodo news service.

U.K. Car Sales Surge 13% in June

7/7/2015

Registrations of new passenger vehicles in the U.K. last month climbed 13% to a record 257,800 units, the Society of Motor Manufacturers and Traders reports.

GM Ignition Death Toll Reaches 121

7/6/2015

Two more fatalities linked to defective General Motors Co. ignition switches have been approved for compensation by the special fund set up by the company, bringing the total to 121, according to Automotive News.