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Volvo Truck Sells Stake in India’s Eicher Motors
6/3/2015AB Volvo is selling its remaining 1 million shares in India's Eicher Motors Ltd. for an estimated 2.3 billion kronor (€247 million), The Economic Times reports.
New 7 Series Bimmer Cuts Weight, Adds Features
6/3/2015BMW AG will take the wraps off its new 7 Series luxury sedan next week on the Internet ahead of its public unveiling in September at the Frankfurt auto show.
OECD Cuts U.S. Economic Growth Forecast 35%
6/3/2015The U.S.'s gross domestic product will expand only 2% this year and 2.8% in 2016 compared with estimates in November of 3.1% and 3.0%, predicts the Organization for Economic Cooperation and Development.
Osterloh: VW Doesn’t Need a New Chairman Yet
6/3/2015Volkswagen Group won't need to choose a chairman for its supervisory board until the company decides on a new corporate structure, board member and works council chief Bernd Osterloh tells Reuters.
Your Grandfather’s Ultra-Cool Miata
6/3/2015Japan's Mitsuoka Motors Co. has introduced a highly modified, stretched version of Mazda Motor Corp.'s MX-5 Miata.
Mulally Joins Board of 3-D Printing Company
6/3/2015Former Ford Motor Co. CEO Alan Mulally has joined the board of Redwood City, Calif.-based Carbon3D Inc. as the startup's first outside director.
Nissan Picks Toyota’s European Sales Chief to Head Global Sales
6/3/2015Nissan Motor Co. has hired Daniele Schillaci, formerly head of European sales and marketing operations for Toyota Motor Corp., to be its executive vice president in charge of global head of sales and marketing.
Ford Revs Up High-Output Mustang V-8
6/3/2015Ford Motor Co.'s new 5.2-liter V-8 is the company's most powerful naturally aspirated engine, generating 526 hp for an impressive 102 hp/l and 429 lb-ft of torque.
Mahindra Vehicles to Offer Google’s Android System
6/3/2015Mahindra & Mahindra Ltd. is India's first carmaker to announce it will offer Google Inc.'s Android Auto smartphone interface.
Korea’s SsangYong Planning Jeep-like SUV for U.S. Market?
6/3/2015South Korea's SsangYong Motor Co. is developing a highly styled small SUV/crossover to compete in the American market with the Jeep Wrangler SUV, sources tell Autocar.