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Kia Prices Soul EV at $34,500
9/11/2014The electric version of Kia Motors Corp.'s popular Soul people mover will be offered in the U.S. later this year at a price about $4,600 above the cost of a rival Nissan Leaf EV.
Russia Threatens to Limit Used-Car Imports
9/11/2014Russia says it may counter any new trade sanctions from the EU by imposing caps on imported used cars from the region, the Financial Times reports.
China Fines Chrysler, VW Group for Price Fixing
9/11/2014Chinese antitrust authorities have fined local affiliates of Chrysler Group and Volkswagen's Audi unit 32 million yuan ($5.2 million) and 249 million yuan ($40.8 million), respectively, for price manipulation.
Audi Fined €31 Million for Price Fixing in China
9/11/2014China's anti-trust commission has levied a €31 million fine against Volkswagen AG's Audi unit in China for fixing prices.
Opel Teases Karl
9/11/2014General Motors Co. will return to Europe's minicar market next summer with the Opel Karl, a five-door hatch made in South Korea.
Montezemolo’s Exit Pay at Ferrari: €27 Million
9/11/2014Luca di Montezemolo will receive a severance package worth €27 million when he leaves the chairmanship of Ferrari SpA on Oct. 13, according to company owner Fiat SpA.
Airbag Issue Prompts Toyota Pickup Truck Recall
9/11/2014Toyota Motors Corp. is recalling 130,000 of its 2014 model Tundra large pickup trucks to fix interior trim that could interfere with deployment of side airbags, Reuters reports.
Barra: GM Is Nearly Caught Up on Recalls
9/11/2014CEO Mary Barra says General Motors Co. has "substantially completed" a record run of recalls triggered in February by its belated discovery of flawed ignition switches linked to at least 13 deaths.
Chrysler, NextEnergy Partner on Electrification
9/11/2014Chrysler Group LLC and advanced-energy nonprofit NextEnergy are joining on several vehicle electrification projects that could soon see production.
GM Says Its Recall Binge Is "Substantially" Over
9/11/2014CEO Mary Barra says General Motors Co. has "substantially completed" a record run of recalls triggered in February by its belated discovery of flawed ignition switches linked to at least 13 deaths.