NEWS

Chrysler Quality Czar Betts Quits

10/29/2014

Doug Betts Doug Betts, the top quality executive for Fiat Chrysler Automobiles NV, quit today.

GM Details Next-Generation Volt Powertrain

10/29/2014

The completely reengineered Voltec propulsion system for the next-generation Chevrolet Volt is smaller, lighter and offers more power and efficiency than the original layout, according to General Motors Co.

Detroit Electric Shows Production-Ready Sports Car

10/29/2014

Detroit Electric Holdings Ltd. has released a photo of a production version of its SP:01 electric sports car, which is expected to go on sale next year for about $135,000.

Report: Next-Generation Jeep Wrangler Will Get Aluminum Body

10/29/2014

Fiat Chrysler Automobiles NV has decided to fit the next-generation Jeep Wrangler SUV with an aluminum body, according to Automotive News, which cites unnamed sources.

Shanghai Offers Free License Plates for Tesla Customers

10/29/2014

Shanghai says its citizens who buy a Tesla Model S electric sedan in won't have to pay the normal $12,000 to obtain a license plate for their car.

Carmakers Expect Slow Recovery in Brazil

10/29/2014

Carmakers in Brazil expect months of adjustments to government economic policy will dull demand for new cars in the market until the second half of next year, Bloomberg News reports from the Sao Paulo auto show.

Production Cuts Widen in Russia

10/29/2014

At least three more carmakers are reducing production in Russia as continuing economic pressures hurt demand for new vehicles.

Sweden Drops Interest Rates to Zero

10/28/2014

Sweden's central bank has lowered its index interest rate to zero in hopes of stimulating the economy enough to avoid deflation.

Honda Cuts Outlook as Profits Rise

10/28/2014

Honda Motor Co.'s revenue in the July-September fiscal quarter grew 4% to 3 trillion yen ($28 billion) as global auto sales advanced 2% to 1.07 million units.

Volkswagen Vows to Launch 20 EVs and Plug-ins in China

10/28/2014

Volkswagen AG tells reporters it will introduce more than 20 plug-in and all-electric vehicles in China in the "near future."