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Mazda to Build Engine Plant in Thailand
11/6/2014Mazda Motor Corp. plans to open an engine plant in Thailand's Chonburi province at the end of 2015 to make 1.5-liter diesels for its all-new Mazda2 small car assembled there.
Spain Extends Sales Incentives Again
11/6/2014The Spanish government is continuing its successful old-car scrappage scheme to the end of 2014, Reuters reports.
Shiloh to Add Tech Center in Michigan
11/6/2014Shiloh Industries Inc. is building an $11 million technical center west of Detroit in Plymouth Township, Mich., as it transitions from being a process supplier to a product supplier.
Magna’s Net Income Jumps 47%
11/5/2014Magna International Inc. reports its net income surged to US$470 million in the third quarter of 2014 from $319 million in the same period last year.
GM Sales Growth in China Slows to 3%
11/5/2014General Motors Co. reports its joint ventures in China sold a record 291,400 units last month.
Ford Plant Hit with Sexual Harassment Lawsuit
11/5/2014A Chicago law firm is seeking class-action status for a lawsuit that claims a pattern of sexual harassment and discrimination spanning more than 20 years at Ford Motor Co.'s Chicago Assembly plant, Crain's Chicago Business reports.
Ford Launches 5 Recalls
11/5/2014Ford Motor Co. is recalling 202,000 vehicles in five campaigns in North America to repair airbag sensors, fuel leaks, steering components, brake pedal and engine stalling issues in 2005-2014 model vehicles.
Oil Prices Drop to Three-Year Low
11/5/2014The price of crude oil dropped to its lowest since 2011 on Tuesday as Saudi Arabia deepened a price war with members of the Organization of the Petroleum Exporting Countries.
Mercedes Concept Could Signal New Crossover Model
11/5/2014Daimler AG's Mercedes-Benz unit used the opening of its new product engineering center in Beijing this week to unveil the Vision G-Code, a highly styled compact sport utility coupe concept.
Nissan Recalls Infiniti Hybrids
11/5/2014A balky hybrid powertrain and possible cracked transmission housings have prompted Nissan Motor Co. to recall about 15,000 of its 2014 model Infiniti Q50 and Q70 hybrid sedans worldwide.