NEWS

Renault Predicts Long-Term Advantage in Russia

9/17/2014

CEO Carlos Ghosn expects the Renault-Nissan alliance to gain an advantage over rivals in Russia because the company sources more parts locally, the Financial Times reports.

Lear Vote on Sunday Could End Two-Tier Wages

9/17/2014

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.

TRW Unveils New Family of Vision, Radar Sensors

9/17/2014

TRW Automotive Holdings Corp. is launching a series of advanced vision and radar sensors for a new generation of automated braking systems demanded by upcoming European standards for pedestrian and other obstacle detection systems.

U.S. Industrial Output Slips

9/17/2014

America's industrial production the combined output of factories, mines and utilities slipped 0.1% in August from a downwardly adjusted 0.2% gain in July, according to the Federal Reserve.

Mahindra to Buy Peugeot’s Scooter Business?

9/16/2014

Mahindra & Mahindra Ltd. is close to a deal to acquire PSA Peugeot Citroen's unprofitable scooter unit, sources tell Bloomberg News.

Judge Overturns Germany's Ban on Uber Ride-Share Service

9/16/2014

A regional court judge in Frankfurt has reversed a temporary injunction issued more than two weeks ago that banned Uber Technologies Inc.'s UberPop ride-sharing service throughout Germany.

Opel Restructures in Russia

9/16/2014

General Motors Co.'s Opel unit has installed a new president for its Russian unit and reiterates last month's announcement that its factory in St.

Safety Chief Admits “Need to Improve” on Recall Monitoring

9/16/2014

The acting head of the National Highway Traffic Safety Administration conceded that "we need to improve" after a withering cross examination about its role in General Motors Co.'s 10-year delay in recalling faulty ignition switches now linked to 19 fatalities.

GM Adds Shift, Workers to Build Midsize Pickups

9/16/2014

A flood of orders for all-new midsize pickup trucks from General Motors Co. has prompted the company to schedule a third shift and hire 750 more workers to build them.

Automakers Against Senate Recall Bill

9/16/2014

The Detroit News article points out that automakers would rather Congress focus on other industry related issues, from research on marijuana's affect on driving to cybersecurity threats.