NEWS

Ford Hires LaNeve to Head U.S. Sales

1/9/2015

Mark LaNeve Mark LaNeve, who headed U.S. sales at General Motors Co. 15 years ago, has been hired to perform the same job at Ford Motor Co.

Subaru Recalls Cars for Brake Line Fix, Again

1/9/2015

Subaru of America is preparing to recall several models, including many for the second time, to remedy brake line corrosion that could affect stopping distances. 2013 Forester The campaign covers 198,900 of the company's 2008-2011 Impreza sedans, 2008-2014 WRX sport sedans and 2009-2013 Forester wagons.

Ford’s Sales in China Surge 19%

1/9/2015

Ford Motor Co. and its partners say they wholesaled 1.11 million vehicles in China last year compared with 933,000 units in 2013.

BMW Plans Radical Change in New-Product Development

1/9/2015

BMW AG is preparing to launch a dramatically new approach to creating future vehicles that could turn virtually all but its smallest models into all-wheel-drive, plug-in hybrids, according to Autocar.

Nissan Teams with NASA on Technology for Self-Driving Cars

1/9/2015

Nissan Motor Co. and NASA's Ames Research Center in Moffett Field, Calif., are launching a five-year partnership to develop technologies that enable autonomous vehicles.

Mexico’s Auto Output Jumps 10% to Record High

1/9/2015

Mexico's booming auto industry built a record 3.22 million vehicles last year compared with 2.93 million units in 2013, according to the Mexican Automotive Industry Assn.

China Bans Private-Car Taxi Services

1/9/2015

China's Ministry of Transport has issued a nationwide ban on taxi services that use private cars and drivers who don't hold chauffeur licenses, Bloomberg News reports.

Market for Self-Driving Cars Could Reach $42 Billion by 2035

1/9/2015

Nearly 10% of cars sold in the world by 2035 will be able to pilot themselves automatically under virtually any situation, predicts Boston Consulting Group.

Toyota Workers Will Seek 6,000-Yen Pay Hike

1/8/2015

Labor unions representing workers at Toyota Motor Corp. plan to ask for a 6,000-yen ($50) raise in monthly pay when wage talks begin this spring, The Nikkei says.

Volvo Truck Buys Stake in Dongfeng Commercial Vehicles

1/8/2015

AB Volvo has completed its purchase of 45% of China's Dongfeng Commercial Vehicles Co. Ltd. for 5.5 billion yuan (€750 million).