NEWS

Warren Buffett: America's Newest Car Dealer

10/3/2014

Warren Buffett's Berkshire Hathaway is buying the Van Tuyl Group, the fifth-largest auto dealership group in the United States, using it as a platform to buy even more auto retail outlets.

September Sales Up in France, Italy, Spain

10/3/2014

New-car deliveries gained in three of Europe's largest markets last month, according to industry and government data.

Fiat Hopes For Styling Hit with 500X Mini-Crossover

10/3/2014

Fiat SpA unveiled the latest iteration of its 500 minicar, the 500X crossover vehicle, at the Paris auto show on Thursday.

Jaguar Plans Diesel Option for U.S. Version of XE Small Sedan

10/3/2014

Jaguar intends to introduce its new XE small sport sedan in the U.S. with options that include a 4-cylinder diesel and all-wheel drive.

GM Maps Out Strategy to Boost Margins

10/3/2014

Mary Barra General Motors Co.

Marchionne: No Capital Hike Needed for 5-Year Plan

10/3/2014

CEO Sergio Marchionne says a capital increase "is not necessary" to fund the five-year expansion plan of the newly formed Fiat Chrysler Automobiles NV.

ECB Readies Asset Purchase Scheme

10/3/2014

The European Central Bank says the asset-buying program it announced in September to stimulate the eurozone's slow-moving economy will begin this month and run for two years.

Jeep Wrangler May Get Aluminum Body

10/3/2014

The next-generation Jeep Wrangler SUV due in 2017 could be built with an aluminum body to help boost fuel economy, Chrysler Group CEO Sergio Marchionne tells reporters at the Paris auto show.

Volvo Chief: Cars Need Autopilots to Combat Distracted Driving

10/3/2014

Cars that can drive themselves under certain conditions are becoming necessary to offset the increasing dangers of distracted driving, declares Volvo Car Corp.

Volkswagen, TomTom Partner on Automated Driving

10/3/2014

Volkswagen AG has signed a memorandum of understanding with Amsterdam-based TomTom International BV to co-develop automated driving systems.