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Hyundai Spared Big Payout in Court Ruling about Wages
1/16/2015A district court in Seoul, South Korea, has sharply limited an effort by workers to force Hyundai Motor Co. to include regular bonuses as part of their base pay.
Fuel Economy Remains Top Concern for U.S. Consumers
1/16/2015Fuel prices continue to fall, but American consumers haven't changed their desire for more fuel-efficient vehicles, according to J.D.
JCI Touts Low-Cost Carbon Fiber Seatmaking Process
1/16/2015Johnson Controls Inc. says it has developed a cost-effective process to make carbon-fiber-reinforced car seats that are 40% lighter than conventional designs.
India Cuts Interest Rates
1/16/2015India's central bank has reduced its benchmark interest rate to 7.75% from 8%, effective immediately.
Car Sales in Russia Could Drop 24%
1/15/2015Russia's demand for cars and light commercial vehicles, which fell 10% in 2014, is likely to plunge 24% to 1.89 million this year as economic recession looms, says the Moscow-based Assn. of European Businesses.
Autoliv to Supply 25 Million Replacements Airbag Inflators
1/15/2015Autoliv Inc. says it has signed deals with several carmakers to supply as many as 25 million airbag inflators in 2015-2016 to replace recalled units made by rival Takata Corp.
Linamar Adding 1,200 Jobs in Canada
1/15/2015Canada's Linamar Corp. plans to add some 1,200 jobs at its transmission plant in Guelph, Ont., over the next 10 years.
Bentley Ponders a Second SUV
1/15/2015Bentley Motor Group, which is preparing to introduce its first SUV late this year, is already working on more such models, according to Auto Express.
FCA to Spend $2 Billion on New Minivan
1/15/20152016 Town & Country spy photo Fiat Chrysler Automobiles NV says it will invest $2 billion to design and retool its factory in Windsor, Ont., for a next-generation minivan.
VW to Add 100 Dealers in U.S. by 2018
1/15/2015Michael Horn Volkswagen of America says it intends to expand it 650-dealer network in the U.S. by 100 stores over the next four years.