NEWS

NHTSA Closes Toyota Camry Brake Probe

8/26/2014

The National Highway Traffic Safety Administration has ended its eight-month investigation into complaints about reduced brake boost in Toyota Camry hybrid sedans.

Domestic Brands Narrow Satisfaction Gap with Imports

8/26/2014

Overall U.S. customer satisfaction with carmakers has dropped for the second consecutive year, but the gap between domestic and foreign brands narrowed this year.

Wiedeking, Haerter Must Stand Trial for VW Takeover Bid

8/26/2014

An appeals court in Stuttgart has ruled that Wendelin Wiedeking, the former CEO of Porsche Automobil Holding SE, must stand trial on charges the company manipulated the share price of Volkswagen stock in a failed takeover bid.

VW Plans Lower, Wider Golf for 2017

8/26/2014

Volkswagen AG plans to replace its seventh-generation Golf hatchback with a significantly redesigned version in 2017, reports Auto Motor und Sport magazine.

Mercedes Developing Line of AMG-Lite Models

8/26/2014

Daimler AG's Mercedes-Benz unit is planning a new line of AMG Sport models with performance midway between standard Mercedes and full-blown AMG cars and crossovers.

Special-Order Ford F-150 Trucks Won’t Arrive Till February

8/26/2014

Ford Motor Co. dealers have been told they won't receive custom-order 2015 model F-150 pickups until February.

Ford Spending $129 Million on Lincoln Production Upgrades

8/26/2014

Ford Motor Co. says it will spend $129 million at its truck plant in Louisville, Ky., to enhance production and quality of the 2015 Lincoln MKC small luxury crossover vehicle.

India Fines 14 Carmakers for Anti-Competitive Behavior

8/26/2014

India has fined 14 domestic and foreign carmakers a combined 25.5 billion rupees ($422 million) for failing to make original-equipment repair parts available on the open market, the Financial Times reports.

Subaru Prepares for One-Platform Strategy

8/26/2014

Reports say Fuji Heavy Industries Ltd.'s Subaru unit is likely in 2016 to introduce the first of next-generation models that will share a single modular platform.

Hyundai Ponders a Second Factory in India

8/26/2014

Hyundai Motor Co. tells The Economic Times it is considering plans to build a second assembly plant in India.