NEWS

Ford Trims Summer Break to Boost Truck Production

6/2/2015

Ford Motor Co. will reduce its traditional two weeks of production down time this summer to one week at six truck and crossover factories in the U.S.

NHTSA to Streamline Senior Staff

6/2/2015

The National Highway Traffic Safety Administration plans to replace a trio of associate administrators with a newly created executive director position, Automotive News reports.

Takata Details Airbag Inflator Recalls, Drops One Design

6/2/2015

Today Takata Corp. is scheduled to tell a U.S. House subcommittee it will stop making "batwing-shaped" inflators for driver-side airbags.

Record Terms, Monthly Payments for U.S. Car Loans

6/2/2015

The average payback periods for new and used vehicles in the U.S. have reached record highs of 67 months and 62 months, respectively, according to credit report provider Experian plc's automotive unit.

A123 Takes the Low (Voltage) Road to Doubling Battery Capacity

6/1/2015

Livonia, Mich.-based A123 Systems LLC is investing $200 million to double its annual global lithium-ion manufacturing capacity to 1.5 GWh and increase battery cell production by 23% to 4.3 million units over the next three years.

Intel Buys Chip Designer Altera

6/1/2015

Computer chip giant Intel Corp. has agreed to buy San Jose, Calif.-based Altera Corp., a maker of programmable communications chips, for $16.7 billion in cash.

GM Ignition Fatalities Reach 109

6/1/2015

Two more fatality claims have been accepted by the fund set up by General Motors Co. to compensate victims of the company's defective ignition switches, bringing the total to 109.

VW Powers Up with New W-12 Engine

6/1/2015

Volkswagen AG's next-generation 6.0-liter 12-cylinder engine will use twin turbochargers and direct injection technology to enhance engine output and fuel economy.

Mercedes A-Class to Get Facelift, Interior Goodies

6/1/2015

Daimler AG will unveil its updated Mercedes-Benz A-Class small car at the Frankfurt auto show in September.

EVs, Hybrids Likely in Aston Martin Expansion

6/1/2015

Aston Martin Lagonda Ltd. is considering a variety of new models, including hybrid and full-electric vehicles, as part of its plans to more than double annual sales to 15,000 units in coming years.