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Mitsubishi Recalls 130,400 Vehicles for Electrical Problems
5/11/2015Mitsubishi Motors Corp. is issuing two recalls in the U.S. to fix electrical problems that could cause the exterior lights, windshield wipers and/or defroster blower motor to fail.
GM: “The Future Is Electric”
5/8/2015General Motors Co. declares a rosy future for electric cars, but it also says it won't hit its target of putting 500,000 such vehicles on the road by 2017.
FCA Wants Retrial in $150 Million Jeep Fuel Tank Verdict
5/8/2015Fiat Chrysler Automobiles NV has filed a motion for a new trial after a jury in Georgia awarded $150 million to the family of a 4-year-old boy who died when the 1999 Jeep Grand Cherokee he was riding in was rear-ended and burst into flames.
Takata Expects a Profit in Current Fiscal Year
5/8/2015Airbag supplier Takata Corp. predicts a net profit of 20 billion yen ($167 million) for the full fiscal year that began April 1.
Car Sales Grow 6% in China
5/8/2015Sales of passenger vehicles in China rose to 1.61 million units last month from 1.52 million in April 2014, according to the China Passenger Car Assn.
VW Restructuring Plan Due by October
5/8/2015Volkswagen AG CEO Martin Winterkorn tells the company's senior managers he plans to unveil a more agile company structure and management model by October, sources tell Automobilwoche.
Toyota Posts Record FY Sales, Earnings
5/8/2015Toyota Motor Corp.'s operating profit climbed 46% to 636 billion yen ($5.3 billion) in the fiscal fourth quarter ended March 31.
Daimler Debuts Self-Driving Truck in Nevada
5/8/2015Daimler AG has unveiled its first self-driving highway truck, the Freightliner Inspiration, and declared it licensed and ready to take to the roads of Nevada.
Racer, Editor Denise McCluggage Dies
5/8/2015Denise McCluggage, a pioneering American race car driver in the 1950s and early 1960s and longtime auto writer and editor, died on Wednesday at age 88.
Magna’s Quarterly Earnings Grow 18%
5/8/2015Magna International Inc. says unfavorable exchange rates shrank its sales revenue in January-March 7% (US$880 million) to $8.3 billion from the same period in 2014.