Delphi Looks for Acquisitions
4/30/2015Delphi Automotive plc says it may spend as much as $3 billion this year on acquisitions related to its electronics, safety and powertrain operations.
GM Plans $5.4 Billion Expansion in U.S.
4/30/2015General Motors Co. plans to spend $5.4 billion to upgrade its U.S. facilities over the next three years.
Aston Martin Secures Funding for Sedan, Crossover
4/30/2015Aston Martin Lagonda Ltd. has arranged 200 million (€274 million) in new funding from its major shareholders to pay for the development of new crossover and sedan models.
Sales of Alternate-Fuel Vehicles Jump 29% in Europe
4/30/2015Deliveries in the EU of passenger vehicles powered by batteries, fuel cells, electric hybrid systems or gaseous fuels climbed 29% to 144,400 units in the first quarter of 2014, industry group ACEA reports.
GM Likely to Suspend Production in Venezuela
4/30/2015General Motors Co. says in a quarterly regulatory filing it will probably stop making vehicles in Venezuela in July.
FCA Opens Jeep Plant in Brazil
4/30/2015Fiat Chrysler Automobiles NV has officially inaugurated its new Jeep plant in Pernambuco, Brazil.
Tesla Launches Charging Station Push in Japan
4/30/2015Tesla Motors Inc. CEO Elon Musk tells The Nikkei the electric car company intends to increase the number of its solar-powered Supercharger stations in Japan from six to 30 this year.
Lotus Confirms Plans for an SUV
4/30/2015Group Lotus plc confirms reports it is developing its first SUV/crossover.
Francois Michelin Dies at 88
4/29/2015Francois Michelin, who headed tiremaker Michelin & Cie. from 1955 to 2002, has died at age 88.
Bosch Fuel Pump Recalls Expand
4/29/2015Ford Motor Co. is the fourth carmaker in two weeks to announce a recall to replace fuel pumps with internal nickel plating that could jam the device and cause the engine to stall.