NEWS

Subaru Recalls Cars to Fix Brake Line Corrosion Again

1/8/2015

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.

JCI to Debut Two-Part Battery for Stop-Start Systems

1/8/2015

Johnson Controls Inc. will use next week's Detroit auto show to unveil a new 12-volt battery designed to support advanced engine stop-start features in piston-powered vehicles.

Daimler to Introduce Carsharing in China

1/8/2015

Daimler AG says it plans to debut its car2go car-sharing service in Chongqing, China, later this year.

Cadillac Trims Price on CTS Sedan

1/8/2015

CTS-V On Wednesday General Motors Co.'s Cadillac unit boosted content and cut prices on its redesigned 2015 model CTS sedan by as much as $3,000, Automotive News reports.

U.S. Auto Recalls Could Set New Record in 2015

1/8/2015

Mark Rosekind Carmakers recalled more than 60 million vehicles in the U.S. last year, double the previous record.

TRW Expands Electronics Group

1/8/2015

TRW Automotive Holdings Corp. is expanding its driver-assist electronics capabilities, especially those related to automated vehicles.

UAE Says Global Oil Glut Could Last for Years

1/8/2015

The current worldwide glut of petroleum could last for years unless producers outside the Organization of the Petroleum Exporting Countries "act rationally" and reduce their output, declares the United Arab Emirates' oil minister.

U.K. Car Sales Hit 10-Year High

1/8/2015

New-car registrations in the U.K. rose 9% to 2.48 million units last year, the best result since 2004, according to the Society of Motor Manufacturers and Traders Ltd.

Bentley Says New SUV Will Help Boost Sales 80%

1/8/2015

Volkswagen AG's Bentley Motors Group predicts its upcoming ultra-luxury SUV will help propel the unit's annual sales from a record 11,000 units in 2014 to 20,000 by 2020.

Eurozone Slides into Deflation

1/8/2015

The eurozone's year-on-year inflation rate swung from 0.3% in November to -0.2% in December, according to a flash estimate from Eurostat.