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Oil Prices Continue to Slide
12/11/2014Oil futures dropped again to new five-year lows yesterday as reports signal that lower demand and higher surpluses lie ahead.
Mahindra Files to Take Control of Saab
12/10/2014Mahindra & Mahindra Ltd. has filed legal papers in Sweden to gain control of the company that owns the Saab brand, the Financial Times says.
Mazda Prepares for Nationwide Airbag Recall
12/10/2014Mazda Motors Corp. says it will broaden its regional recall to replace defective passenger-side airbag inflators from Takata Corp. to include both driver- and passenger-side inflators in the same models nationwide.
Internet Tycoon Hopes to Make Electric Cars in China
12/10/2014Jia Yueting, founder of China's Leshi Internet Information & Technology Co., has applied for permission to build electric cars in the country.
Ferrari May Move Fiscal Residence Out of Italy
12/10/2014Ferrari SpA may relocate its fiscal residence outside Italy for tax purposes before being spun off by Fiat Chrysler Automobiles NV next year, unnamed sources tell Bloomberg News.
Finalists Named for North American Car/Truck Awards
12/10/2014A panel of 57 North American journalists has narrowed its list of contenders to three finalists each for the 2015 North American car and truck of the year awards.
Oil Prices Fall to New 5-Year Low
12/10/2014Crude oil prices fell another 4% on Monday, accelerating a decline that began six months ago.
Tesla Shares Drop 14% As Gasoline Prices Fall
12/10/2014Model S Shares in Tesla Motors Inc., which climbed more than 40% this year, have sagged 14% in the past seven trading days.
Hyundai to Recall Genesis, Equus Sedans to Fix Brake Lights
12/10/20142011 Equus Hyundai Motor Co. is preparing to call back 42,900 of its 2009-2011 model Genesis and 2011 Equus sedans to fix a flaw that could prevent the brake lights from illuminating when they should.
Nissan Recalls 470,000 Vehicles to Fix Fuel Leak
12/10/2014Nissan Motor Co. has begun a worldwide recall of 10 car, crossover and SUV models to repair a loose fuel pressure sensor that could leak and cause a fire, Reuters reports. 2013 Infiniti M56 The campaign covers 233,000 vehicles in Japan, 143,000 in North America, 22,500 in Europe and 71,500 in other markets that include Africa, China, Latin America and the Middle East.