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Apple-Branded EV Due by 2020?
2/23/2015Apple Inc.'s secretive electric car project could introduce an electric car as early as 2020, sources tell Bloomberg News.
Honda President Ito to Step Down
2/23/2015Honda Motor Co. says President Takanobu Ito will be replaced in June by Takahiro Hachigo, currently a managing officer of the company.
JLR Recalls Ranger Rover SUVs to Fix Airbag Software
2/23/2015Jaguar 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.
Eurozone Business Activity Hits 7-Month High
2/23/2015Growth of business activity in the eurozone climbed to its highest level since July, as growth in Germany and France offset slowing expansion elsewhere, London-based Markit Economics Ltd. says.
Mitsubishi Chemical Plans Second U.S. Carbon-Fiber Factory
2/23/2015Mitsubishi Chemical Holdings Corp. expects to open a second plant somewhere in the U.S. in about three years to supply carbon fiber to the auto industry, The Nikkei reports.
“Mr. K.,” Who Launched Nissan in U.S., Dies at 105
2/23/2015Yutaka 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.
PSA, Mitsubishi Trim Production in Russia
2/23/2015PSA Peugeot Citroen and Mitsubishi Motors are the latest carmakers to suspend production in Russia in response to the country's sagging economy and shrinking car market.
Denso to Add Parts Plant in Cambodia
2/23/2015Denso Corp. plans to open a new factory in Phnom Penh, Cambodia, in March 2016 to make automotive magnetos and oil coolers.
Daicel Steps Up Plans for Second U.S. Airbag Inflator Plant
2/23/2015Japan's Daicel Corp. says it will open a second factory to make airbag inflators in the U.S. next year rather than wait until 2017.
TDK Readies Major Push into Auto Magnetic Sensor Market
2/23/2015Japan's TDK Corp. is mounting a huge expansion in the automotive magnetic sensor market over the next three years, The Nikkei reports.