NEWS

Toyota to Expand Active Safety System Availability

9/5/2014

Toyota Motor Corp. tells reporters its Toyota brand will begin in the 2015 model year to offer active safety technology such as anti-collision systems in U.S. models.

Mazda Debuts Next-Generation MX-5 Miata

9/5/2014

Mazda Motor Corp. has released official images of its new 2016 MX-5 Miata sports car, wrapped in a strikingly more exotic skin than any of the previous iterations. 2016 Mazda MX-5 Miata Mazda last updated the Miata in 2005.

U.S. Car Sales Rate Surges to an 8-Year High

9/5/2014

Demand for cars and light trucks in the U.S. jumped to an annualized rate of 17.5 million in August, the highest pace since January 2006, Autodata Corp. reports.

Ford India Sales Jump 27%

9/5/2014

Ford Motor Co. reports sales in India of 14,100 wholesale and export vehicles last month compared with 11,100 in August 2013.

China’s Biggest Car Rental Firm Launches IPO

9/5/2014

Chinese car-rental firm CAR Inc. aims to raise as much as US$468 million in an initial public offering launched today in Hong Kong.

ECB Cuts Interest Rate, Launches Stimulus Plan

9/5/2014

As expected, the European Central Bank has taken steps to add liquidity to the eurozone's financial system and stimulate the region's economy.

Fiat May Sell €800 Million in Stock

9/5/2014

Fiat SpA is expected to sell about 104 million shares when it lists the newly formed Fiat Chrysler Automobiles NV on the New York Stock Exchange next month, Bloomberg News calculates.

Tesla to Build Gigafactory in Nevada

9/4/2014

Tesla Motors Inc. has chosen Nevada for its $5 billion factory to make batteries for electric vehicles.

New-Car Fuel Economy Average at All-Time High in U.S.

9/4/2014

The average fuel economy of new cars and light trucks sold in the American market reached a record-high 25.8 mpg in August, according to the University of Michigan Transportation Research Institute.

Cooper Standard Buys 95% of Auto Sealing Venture in China

9/4/2014

Cooper-Standard Holdings Inc. has hiked its stake to 95% in its automotive sealing products venture with China's Huayu Automotive Systems Co. in Shanghai.