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Car Sales Slip 3% in India
11/10/2014Passenger car sales in India dropped to 159,000 units last month from 163,200 vehicles in October 2013, according to the Society of Indian Automobile Manufacturers.
Uber Seeks More than $1 Billion in New Funding
11/10/2014Uber Technologies Inc., which raised $1.2 billion in funding in June, is telling investors it is preparing to seek an additional $1 billion-$2 billion, according to media reports.
NHTSA Probes Sudden Power Steering Loss in Honda Accords
11/10/2014The National Highway Traffic Safety Administration has opened a preliminary evaluation into 24 complaints of sudden loss of electric power steering in 2013 model Honda Accord cars.
Fiat to Build Brava Successor in Turkey
11/10/2014Fiat Chrysler Automobiles NV's venture in Turkey will supply Europe with a replacement for the Fiat Bravo five-door hatch beginning in 2016.
Daimler Sets October Car Sales Record
11/10/2014Daimler AG's sales of passenger vehicles rose 8% to a record 146,100 units in October.
Nissan Expands Takata Airbag Recall
11/10/2014Nissan Motor Co. has widened its U.S. recall of vehicles equipped with faulty Takata Corp. passenger-side airbag inflators to 52,700 units from 30,000 last month.
Mitsubishi Considers Renault Platform for European Model
11/10/2014Mitsubishi Motors Corp. is mulling a plan to offer a small car in Europe that would ride a Renault-Nissan platform, Automotive News Europe reports.
U.S. Unemployment Drops to 5.8%
11/10/2014America added 214,000 jobs in October, helping lower its seasonally adjusted jobless rate to 5.8% from 5.9% in September, the U.S.
New-Car Demand in China Grows 9%
11/7/2014Sales of passenger vehicles in China last month improved on year-earlier rates for the first time since June, according to the China Passenger Car Assn.
First Trial on GM Safety Recalls Set for 2016
11/7/2014A federal trial to review about 130 lawsuits stemming from this year's General Motors Co. recalls won't get under way until Jan. 11, 2016.