Hyundai’s U.S. Sales Chief Quits
11/17/2014Steve Shannon has quit as vice president of marketing for Hyundai Motor Co.'s American operations.
Cadillac Picks a Space for its NYC Headquarters
11/17/2014General Motors Co.'s Cadillac unit is leasing 34,000 sq ft of office space in Manhattan for its new headquarters, the Detroit News reports.
GM Ignition-Switch Engineer Denies Wrongdoing
11/17/2014Former GM engineer blamed for approving a defective ignition switch later linked to 32 deaths:"I did my job the best I could."
Takata Warns of Larger Losses on Airbag Recalls
11/17/2014Takata Corp. says it now expects to lose 25 billion yen ($214 million) in the current fiscal year on charges related to recalls of its defective airbag inflators.
Audi Launches Pilot Plant to Make Synthetic Diesel Fuel
11/17/2014Audi AG has begun operating a pilot plant in Dresden, Germany, that uses "green" electricity to make diesel fuel from carbon dioxide and water.
Mustang Driver Injured by Metal Fragment from Airbag
11/17/2014Investigators are looking into a report that the driver of a 2007 Mustang was injured in the leg earlier this year by a metal fragment ejected by the car's airbag.
Japan Falls into Recession Again
11/17/2014Japan's gross domestic product, which shrank by a revised 7.3% in April-June, contracted 1.6% in July-September, according to preliminary data from the Cabinet Office.
Porsche SE Warns of Possible Fines Over Failed VW Takeover
11/17/2014Porsche Automobile Holding SE tells shareholders it may be ordered to repay "economic benefit" derived from its failed attempt to acquire Volkswagen AG four years ago.
Qoros to Add Small SUV to Lineup
11/17/2014Chinese carmaker Qoros plans to unveil its first SUV this week at the Guangzhou auto show.
Court Orders Marchionne Deposed in Jeep Fire Lawsuit
11/17/2014A judge in Georgia has requested Fiat Chrysler Automobiles NV CEO Sergio Marchionne to give a videotaped deposition in a lawsuit involving a toddler killed in a fiery Jeep Grand Cherokee crash two years ago.