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Car Sales In India Expected to Grow at Least 6%
3/12/2015Passenger vehicle sales in India should expand 6%-8% in the fiscal year that begins April 1, the Society of Indian Automobile Manufacturers predicts.
Euro Continues to Weaken
3/12/2015The euro fell to new 12-year lows against the U.S. dollar early today, weakening to as little as $1.05.
BMW Sets Sales Record in February
3/12/2015BMW Group reports record sales of 152,000 vehicles last month, up 8% from February 2014.
Skoda May Miss Sales Goal as Russian Market Shrinks
3/12/2015Volkswagen AG's Skoda brand aims to reach record sales of 1.5 million units in 2018.
Mobileye, Valeo Partner on Vision Systems
3/11/2015Paris-based Valeo SA and Jerusalem-based Mobileye NV are collaborating to develop advanced front-facing camera systems for cars.
Toyota Recalls 112,500 Vehicles to Fix Software, Powertrain Flaws
3/11/2015Toyota Motor Corp. is launching a pair of recalls in the U.S. to remedy damaged circuit boards or defective electric propulsion systems in 112,500 of its standard, hybrid and electric vehicles.
VW Seeks to Sell Stake in Dutch Leasing Firm
3/11/2015Volkswagen AG is in talks to sell its 50% stake in LeasePlan Corp.
British Trade Group Defends Diesels
3/11/2015The U.K.'s Society of Motor Manufacturers and Traders is leading a campaign to combat movements that seek to "demonize" and ban diesel engines.
Investors Claim GM Directors are Liable for Ignition Switch Claims
3/11/2015More than a dozen current and former General Motors Co. board members should be held accountable for the company's delayed recall of 2.6 million faulty ignition switches last year, several pension funds argue.
Hyundai Poised to Expand U.S. Factory
3/11/2015Hyundai Motor Co. will add new capacity to make SUV/crossovers near its existing auto plant in Montgomery, Ala., according to media reports.