NEWS

Ford Hikes China Sales

2/6/2015

Ford Motor Co. reports its vehicle sales in China surged 19% to a record 112,600 units last month compared with January 2014.

Mitsubishi May Partner with Nissan on Sedan

2/6/2015

Mitsubishi 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.

GM’s January Sales in China Slip 2%

2/6/2015

Car and truck sales by General Motors Co.'s three joint ventures in China shrank to 339,800 units in January from 348,100 a year earlier, Automotive News China reports.

Research: 15% of Cars will be Hybrids/EVs by 2025

2/6/2015

About 15% of the world's new cars will come equipped with a hybrid or all-electric powertrain by 2025, predicts Robert Bosch GmbH Chairman Volkmar Denner.

GM to Launch Chevy Bolt EV Next Year?

2/6/2015

General Motors Co. plans to introduce a production version of its Chevrolet Bolt electric car at the end of 2016, sources tells Reuters.

Budget Boost Proposed for Vehicle Defect Office

2/6/2015

The U.S. government's vehicle defect office would receive nearly three times the funding in 2016 under a budget proposed by the White House.

GM Tallies 388 Ignition Switch Lawsuits

2/6/2015

General Motors Co. faces at least 388 lawsuits involving claims related to its defective ignition switches, Bloomberg News reports.

Takata Hikes Loss Estimate 24% for Airbag Recalls

2/6/2015

Takata Corp. now expects worldwide recalls of its airbag inflators to generate a net loss for the company of 31 billion yen ($261 million) in the fiscal year ending March 31.

Two Mitsuba Execs Indicted for Price Fixing

2/6/2015

The U.S. Dept. of Justice has indicted two sales executives with Japan's Mitsuba Corp. for conspiring to fix the prices of windshield wiper systems and other components between 2000 and 2010.

Mercedes Assembly to Begin in Brazil Next Year

2/6/2015

Daimler AG is erecting a factory in Iracemapolis, Brazil, that will begin assembling as many as 20,000 Mercedes-Benz C-Class sedans and GLA crossovers per year in 2016.