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Lenders Shrug Off Jump in Subprime Auto Loans
2/9/2015Lenders tell Automotive News the rise in subprime auto loans poses no danger of a crash similar to the subprime mortgage defaults in 2008-2009.
UAW Sets Up a VEBA for Its Office Staff
2/9/2015The United Auto Workers union has agreed to spend $355 million to establish a voluntary employee benefits association for its own office staff.
Corning Debuts Faster-Heating Catalyst Substrate
2/9/2015Some of Honda Motor Co.'s 2016 models will feature a new ceramic catalyst substrate with 20% quicker light-off than current-generation architectures.
Ford Plunges Ahead With New-Car Push in Russia
2/9/2015Ford Motor Co. says it will add six models to its lineup in Russia in 2015, even though the market there is expected to shrink as much as 24% this year.
Fuel-Cell Industry Lobbies to Reinstate U.S. Incentives
2/9/2015Carmakers, fuel-cell makers and hydrogen providers are pushing the U.S.
UPDATE: Faulty Brake Hoses Prompt JLR Recall
2/9/2015Jaguar Land Rover Ltd. is recalling 99,300 Range Rover SUVs in the U.S. to fix brake hoses that could develop leaks.
Bollore to Build EV Charging Network Across France
2/9/2015Bollore Group will spend €150 million to expand a network of charging stations across France over the next four years, Reuters reports.
Mitsubishi May Partner with Nissan on Sedan
2/8/2015Mitsubishi Motors Corp. is in talks with Nissan Motor Corp. about co-developing a D-segment sedan MMC could sell in the U.S., a source tells Automotive News Europe.
U.S. Auto Industry Employment at 7-Year High
2/8/2015The U.S. auto industry current employs some 913,200 workers, the most since March 2008, according to the U.S.
Proton to Help Indonesia on Car Project
2/6/2015Malaysia's struggling Proton Holdings Bhd has agree to help Indonesia launch its own government-backed car, The Nikkei reports.