Ford Opens Silicon Valley Research Center
1/22/2015Ford Motor Co. has officially opened a new research center in California dedicated to connectivity, mobility and autonomous vehicles.
Ghosn Raises Car Sales Forecast for Europe
1/22/2015Renault-Nissan CEO Carlos Ghosn predicts car sales in Europe will expand 2% to 13.3 million units this year, up from the company's estimate early this week of 1%-2% growth.
NHTSA to Tout Automatic Braking in Ratings System
1/22/2015The National Highway Traffic Safety Administration is adding automatic braking systems to its list of recommended safety technologies.
Cadillac Will Add “Boutiques” at 700 Dealerships
1/22/2015General Motors Co.'s Cadillac unit is rolling out a plan today that would have about 200 of its stand-alone install high-tech boutiques equipped with special luxury amenities and staffed with especially knowledgeable sale and service personnel.
Honda Readies All-New Pilot SUV for Chicago Reveal
1/22/2015Honda Motor Co. plans to unveil is dramatically redesigned Pilot small SUV at the Canadian auto show in Toronto on Feb. 12.
Hyundai’s Quarterly Profits Drop 19%
1/22/2015Hyundai Motor Co. reports its net profit last October-December fell to 1.7 trillion won ($1.5 billion) from 2 trillion won in the same period of 2013.
Cooper Standard Will Restructure European Unit
1/22/2015Cooper-Standard Holdings Inc. says its automotive unit will shed excess capacity in France and Germany and move some production to its facilities in eastern Europe.
Nissan to Boost Exports from Japan
1/22/2015Nissan Motor Co. plans to use excess capacity in Japan to increase exports by at least 100,000 units, according to The Nikkei.
VW Vows to Simplify Parts Count
1/22/2015Volkswagen AG reiterates its hopes of improving the profitability of its VW brand by designing future models to accept a greater proportion of shared parts.
Court Asked to Open Treasury’s GM Bailout Records
1/22/2015A lawsuit filed in Washington, D.C., by the Center for Auto Safety argues that the U.S. Dept. of Treasury's role in protecting General Motors Co. from post-bailout lawsuits should be made public.