NEWS

“Mr. K.,” Who Launched Nissan in U.S., Dies at 105

2/24/2015

Yutaka Katayama Yutaka Katayama, credited with establishing Nissan Motor Co.'s presence in the U.S. more than 50 years ago, has died of heart failure at age 105.

JLR Recalls Ranger Rover SUVs

2/24/2015

Jaguar Land Rover Ltd. is preparing to update faulty airbag software in 61,800 of its 2012-2015 model Ranger Rover and Range Rover Sport SUVs in the U.S.

Germany’s Business Climate Stays Steady

2/24/2015

Germany's manufacturing sector is concerned about current business conditions but bullish about the six-month outlook, according to the Munich-based Ifo Institute for Economic Research.

Ricardo Touts Low-Cost Traction Motor for EVs

2/24/2015

Ricardo UK Ltd. has developed a prototype 85-kW motor for electric vehicles that uses no costly rare earths and features a simple design and manufacturing process.

Developers to Unveil Liquid-Battery-Powered Sport Coupe

2/24/2015

NanoFlowcell AG will debut its latest low-voltage concept car, the Quantino, next week at the Geneva auto show.

Maruti Plans High-End Dealership Network in India

2/24/2015

Maruti Suzuki India Ltd. plans to open about 35 "premium" dealerships over the next year to bolster sales of larger vehicles, The Economic Times reports.

GM Ignition-Switch Death Toll Now at 57

2/24/2015

The acknowledged death toll linked to defective General Motors Co. ignition switches grew by one to 57 last week.

VW Poised to Phase Out Eos Cabriolet

2/23/2015

Volkswagen AG confirms a report by Automobilwoche that it will end production of its Eos hardtop convertible by June.

American Axle’s Quarterly Sales Climb 13%

2/23/2015

Detroit-based American Axle & Manufacturing Holdings Inc. reports its revenue in the fourth quarter of 2014 climbed 13% to $940 million.

Fisker to be Relaunched as Elux

2/23/2015

The owners of bankrupt Fisker Automotive Inc. plan to relaunch the brand as Elux in mid-2016, sources tell Reuters.