NEWS

Sales Up, Net Profits Down at BMW

11/4/2014

BMW 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.

Two More Indian Car Models Flunk NCAP Crash Test

11/4/2014

Nissan Motor Co.'s Datsun Go and Maruti Suzuki India's Swift small cars are strong sellers in India.

U.S. Average Fuel Price Falls Below $3 Per Gallon

11/4/2014

The 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.

Car Sales Up in Italy, Spain But Fall in France

11/4/2014

New-car sales rose 9% to 121,700 units in Italy last month, according to the country's transport ministry.

GM’s Ignition-Switch Fund Reports 12% Upswing in Claims

11/4/2014

The compensation program set up for victims of General Motors Co.'s defective ignition switches says it received 190 new claims last week.

Visteon Completes Next Phase of Interiors Business Sale

11/4/2014

Visteon Corp. has concluded the first and largest phase of the sale of its remaining auto interiors business to Reydel Automotive Holdings BV.

Honda Ordered to Explain Tardy Reports on Deaths, Injuries

11/4/2014

The National Highway Traffic Safety Administration has ordered Honda Motor Co. to explain under oath why it failed to promptly report two deaths linked to defective airbag inflators supplied by Takata Corp.

VW Trims Production in Russia

11/3/2014

Volkswagen AG has idled its assembly plant in Kaluga, Russia, again, this time for five days to help reduce inventories of unsold cars as the country's auto market continues to deteriorate.

"Car Talk" Co-Host Tom Magliozzi Dies

11/3/2014

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

11/3/2014

Hyundai Motor Co. and its Kia Motors Corp. affiliate will pay a 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.