NEWS

Delphi Looks for Acquisitions

4/30/2015

Delphi 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.

4/30/2015

General 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

4/30/2015

Aston 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

4/30/2015

Deliveries 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

4/30/2015

General Motors Co. says in a quarterly regulatory filing it will probably stop making vehicles in Venezuela in July.

FCA Opens Jeep Plant in Brazil

4/30/2015

Fiat Chrysler Automobiles NV has officially inaugurated its new Jeep plant in Pernambuco, Brazil.

Tesla Launches Charging Station Push in Japan

4/30/2015

Tesla 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

4/30/2015

Group Lotus plc confirms reports it is developing its first SUV/crossover.

Francois Michelin Dies at 88

4/29/2015

Francois Michelin, who headed tiremaker Michelin & Cie. from 1955 to 2002, has died at age 88.

Bosch Fuel Pump Recalls Expand

4/29/2015

Ford 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.