NEWS

GM Moving SRX Crossover Production to U.S.

8/28/2014

General Motors Co. is relocating production of the next-generation Cadillac SRX midsize crossover vehicle from Ramos Arizpe, Mexico, to Spring Hill, Tenn., late next year.

Audi Touts 48-Volt Electrical System

8/28/2014

Audi AG says it is preparing to equip unspecified diesel-powered models with a 48-volt electrical system to complement the standard 12-volt architecture.

Anti-UAW Faction Aims to Form Union at VW Plant

8/28/2014

A group of employees at Volkswagen AG's assembly plant in Chattanooga, Tenn., hopes to create its own alternative to the United Auto Workers union, Reuters reports.

Spider Webs Prompt Suzuki Recall

8/28/2014

Suzuki Motor Corp. is recalling 19,200 of its 2010-2013 Kizashi small sedans in the U.S. because spider webs can clog a fuel vapor vent hose, leading to a fire hazard.

AvtoVAZ Strives to Find Sales, Profits

8/28/2014

OAO AvtoVAZ CEO Bo Andersson tells Bloomberg News the Russian maker of Lada cars hopes to break even this year after removing 12,800 workers and eliminating four levels of management.

Lear Finalizes Deal to Buy Eagle Ottawa

8/28/2014

Seatmaker Lear Corp. has agreed to buy automotive leather supplier Eagle Ottawa LLC for $850 million.

China Could Launch $16 Billion EV Charging Project

8/27/2014

China's central government may spend as much as 100 billion yuan to build a national electric vehicle charging infrastructure, according to Bloomberg News.

Kia to Open Huge Auto Plant in Mexico Next Year

8/27/2014

Kia Motors Corp. says it will open a $1 billion factory near Monterrey, Mexico, in the first half of 2015 with capacity to build 300,000 vehicles per year.

Court Blocks Uber Service Ban in Hamburg

8/27/2014

An administrative court says Hamburg cannot stop provider Uber Technologies Inc. from operating in the German city, since the court is still reviewing a challenge to the original injunction from Uber.

Schaeffler Earnings Rise on Record Sales

8/27/2014

Bearings supplier Schaeffler Group says its January-June earnings before interest and taxes climbed 9% to €787 million on record revenue of €6 billion, up 7% from the first half of 2013.