NEWS

Toyota to Recall Lexus Cars to Fix Fuel Leak

11/24/2014

2011 Lexus GS 350 Toyota Motor Corp. is preparing to recall 442,500 Lexus luxury cars in the U.S. to repair a fuel system leak that could cause a fire, Reuters reports.

Thriftiest Version of New Ford F-150 Is 16% More Fuel Efficient

11/24/2014

The most fuel-efficient powertrain option for Ford Motor Co.'s new aluminum-intensive F-150 pickup truck is 16% thriftier in combined city/highway driving than the current model's most miserly option.

NHTSA Tells Chrysler to Speed Up Fuel Tank Fixes

11/24/2014

The National Highway Traffic Safety Administration has advised Fiat Chrysler Automobiles NV to accelerate its effort to repair Jeep SUVs linked to fuel tank fires.

JLR Complains of Copycat SUV in China

11/24/2014

Jaguar Land Rover Ltd. is pondering what action to take about what one analyst describes as a "flagrant" copy of its popular Evoque SUV by Chinese carmaker Land Wind, the Financial Times reports.

VW Plans €85 Billion Spending Blitz

11/24/2014

Martin Winterkorn Volkswagen AG says it will invest €86 billion over the next five years on new vehicles, technology and production 56% of it in Germany.

Schaeffler Operating Profit Surges 36%

11/24/2014

Schaeffler Group's earnings before interest and taxes climbed to €428 million in the third quarter of 2013 from €314 million in the same period last year.

ZF: Still No Plan for 10-Speed Gearbox

11/24/2014

ZF Friedrichshafen AG reiterates it won't try to better its 9-speed automatic transmission with an additional gear.

Honda Seeks Other Airbag Suppliers for Takata Recalls

11/24/2014

Honda Motor Co. has approached multiple airbag suppliers for help in replacing some 6 million defective airbag inflators in the U.S. that were supplied by Takata Corp., unnamed sources tell The Wall Street Journal.

Continental May Close Factory in Germany

11/24/2014

Continental AG says a slump in orders has prompted it to consider closing a factory in Gifhorn, Germany, that makes hydraulic brake systems and motors for hybrid and all-electric vehicles.

Tesla, BMW May Partner on Batteries, Chargers, Carbon-Fiber Parts

11/24/2014

CEO Elon Musk tells Der Spiegel that Tesla Motors Inc. is discussing an alliance with BMW AG that could involve batteries and electric vehicle charging stations.