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VW Promises Update on Low-Price Brand for China
3/4/2015Volkswagen AG CEO Martin Winterkorn says the company continues to work on plans to launch a line of locally branded entry-level cars in China, Bloomberg News reports.
Lack of U.S. Storage Capacity May Drive Down Oil Prices
3/4/2015The volume of crude oil in storage in the U.S. is at an 80-year high, according to the U.S.
Goodyear Tire Concepts Make Electricity
3/4/2015Two tire technologies one that generates electricity and one that adjusts the tread to optimize grip under various road conditions have been unveiled at the Geneva auto show by Goodyear Tire & Rubber Co.
Report: Auto Execs See Urgent Challenges, Feel Unready
3/4/2015Top executives at carmakers and suppliers agree they face five key challenges over the next 18 moths and feel unprepared to deal with any of them, according to EY's latest Changing Lanes report.
Toyota Announces Global Management Shift
3/4/2015Toyota Motor Corp. has restructured its upper management in an effort to concentrate responsibilities and streamline operations.
Toyota Names Lentz Head of Sales, Manufacturing in N. America
3/4/2015Toyota Motor Corp. has given Jim Lentz, who heads sales operations in North America, the additional assignment of managing the company's manufacturing operations in the region, effective April 1.
Bentley Unveils a Two-Seater
3/4/2015Volkswagen AG's Bentley Motors Group has unveiled the EXP 10 Speed 6, a two-seat concept coupe, that appears likely to join the luxury brand's lineup in about 2018.
U.S. Expands Ford Door Latch Probe
3/4/2015The National Highway Traffic Safety Administration has added two more models to its six-month-old investigation into Ford Motor Co. door latches that may not close securely.
Toyota Promotes European Chief
3/4/2015Toyota Motor Corp. has promoted Didier Leroy, president and CEO of its European operations, to president of operations in Europe, North America and Africa.
GM Prepares to Debut OnStar Telematics Service in Europe
3/3/2015General Motors Co. is preparing to debut its OnStar in-car wireless service in 10 European markets this summer.