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Nissan Cuts Sales Forecast as Profits Surge 16%
11/4/2014Nissan Motor Co.'s net income jumped 16% to 125 billion yen ($4.1 billion) in July-September, aided by a weak yen.
PSA Names New Product Planning Chief for Citroen
11/4/2014Xavier Peugeot has been named director of product planning for the Citroen unit of PSA Peugeot Citroen, effective Nov. 3.
EC Cuts Eurozone Economic Forecast through 2016
11/4/2014The European Commission has lowered its forecast for economic expansion in the eurozone this year to 0.8% from its previous estimate of 1.2% growth.
Car Sales Rise 4% in Germany
11/4/2014New-car registrations in Germany reached 275,00 units in October, up 4% from the same period in 2013, according to industry group VDA.
U.S. Average Fuel Price Falls Below $3 Per Gallon
11/4/2014The average price of a gallon of gasoline in the U.S. dropped below $3 over the weekend to $2.98 on Monday, according to the AAA Daily Fuel Gauge Report.
GM Recall Targets New Takata Airbag Flaw
11/4/20142014 Chevrolet Cruze Takata Corp. airbag inflators assembled with the wrong baffle have triggered new recalls at General Motors Co. and Nissan Motor Corp. involving devices made as recently as June 20.
“Car Talk” Co-Host Tom Magliozzi Dies
11/4/2014Tom (right) and Ray Magliozzi Tom Magliozzi, who co-hosted National Public Radio's popular "Car Talk" show with brother Ray for 37 years, has died of complications from Alzheimer's disease.
Hyundai, Kia to Pay Record Fine for Overstating Fuel Economy
11/4/2014Hyundai Motor Co. and its Kia Motors Corp. affiliate will pay combined civil fines of $100 million for overstating fuel economy ratings for nearly 1.2 million of their 2012-2013 models by as much as 6 miles per gallon. 2015 Kia Optima The U.S.
Sales Up, Profits Down at BMW
11/4/2014BMW AG's car sales in the third quarter of 2014 grew 6% to 509,700 units, and group revenue rose 5% to €19.6 billion.
Daimler Opens Mercedes R&D Center in Beijing
11/4/2014Daimler AG says its just-opened product research and development facility in Beijing will help it fine-tune its Mercedes-Benz cars and crossovers to the tastes of wealthy Chinese customers.