NEWS

California Issues 29 Test Permits for Self-Driving Cars

9/19/2014

California's Dept. of Motor Vehicles has issued 29 permits that allow holders to test self-driving cars on public roads.

Toyota Launches Global Recall to Fix Fuel Leak

9/19/2014

Toyota Motor Corp. is recalling about 20,000 Lexus and Toyota vehicles worldwide to replace a poorly welded fuel delivery pipe that could leak and cause a fire in the engine bay.

Volvo Truck Sales Drop 8%

9/19/2014

AB Volvo reports that worldwide deliveries of its commercial trucks fell to 11,800 units last month from 12,900 in August 2013.

Report: Wanxiang to Relaunch Fisker Hybrid Brand in 2015

9/19/2014

China's Wanxiang Group, which acquired the assets of bankrupt Fisker Automotive Holdings Inc. in March, still aims to introduce an updated version of the Fisker Karma hybrid in 2015, sources tell Reuters.

Hyundai Pays $10 Billion for New HQ Site

9/18/2014

Hyundai Motor Group bid 10.6 trillion won to buy a 79,300 sq-m site in Seoul's Gangnam district to house its headquarters and a hotel, convention center and automotive theme park.

GM Recalls NG-Fueled Vans to Fix Gas Leak

9/18/2014

General Motors Co. is calling back about 3,200 fullsize vans equipped to burn natural gas so dealers can replace a leaky high-pressure gas regulator.

U.S. Indicts 7 Execs in Supplier Price-Fixing Probe

9/18/2014

The U.S. Dept. of Justice has indicted seven executives from two Japanese auto suppliers for conspiring to rig prices on auto parts between 2000 and 2010.

Ireland’s Economic Growth Leads Eurozone

9/18/2014

Ireland's gross domestic product expanded 7.7% in the 12-month period ending in June, according to the government's Central Statistics Office.

Ford Offers Award-Winning Surveillance Technology to Others

9/18/2014

Business Wire reports Ford Motor Company is offering its multi-patent-pending surveillance mode technology to other manufacturers and military suppliers.

Lear Vote on Sunday Could End Two-Tier Wages

9/18/2014

Workers at Lear Corp.'s seating plant in Hammond, Ind., are expected to ratify a pact on Sunday that would phase out the facility's two-tier wage structure.