NEWS

Report: Toyota Ponders Auto Plant in Mexico

9/10/2014

Toyota Motor Corp. has launched a search in Mexico for a possible car assembly plant there, sources tell Bloomberg News.

Montezemolo Resigns at Ferrari

9/10/2014

Luca di Montezemolo will step down as chairman of Ferrari SpA on Oct. 13 after a dispute over the supercar company's strategy.

Bill Ford Call Gridlock a “Severe Threat” to Auto Industry

9/10/2014

A shift in the world's population to cities, coupled with increasing car ownership, would create global traffic deadlock and pose a "severe threat" to the classic model of personal car ownership, warns Ford Motor Co.

Program to Help Consumers Find Right Car, Right Price

9/10/2014

It's a new service coming soon from Edmunds.com.

VW’s Global Sales Stall

9/10/2014

Volkswagen AG sold 471,000 VW-brand passenger vehicles worldwide last month, virtually unchanged from August 2013.

BMW Exec Chosen to Head Nissan’s Infiniti Unit

9/10/2014

Nissan Motor Co. has hired BMW AG executive Roland Krueger to head its Hong Kong-based Infiniti luxury division.

Chrysler Cuts Viper Price 15%

9/10/2014

Chrysler Group LLC has lowered the price of its $100,000-plus Dodge SRT Viper sports car by $15,000 to help bolster disappointing sales.

Renault to Produce Bluecar EVs for Bollore

9/10/2014

Renault SA has agreed to begin making Bluecar electric city cars for Bollore, the French car-sharing operator, beginning next summer.

Italy Expects Zero Growth This Year

9/10/2014

Italy's Prime Minister Matteo Renzi has reduced the government's 2014 economic forecast to "around zero" growth this year.

No Decision Yet on Electric Mini Sports Car

9/10/2014

BMW AG is at least six months away from deciding whether to produce its Superleggera Vision concept, an electric two-seat Mini sports car, according to board member Peter Schwarzenbauer, who is responsible for the Mini line.