NEWS

A Better Way to Crash-Test Rivets

8/11/2014

Carmakers are turning to a broader array of materials to reduce vehicle weight.

GM Not Ready to Recall SUVs for Third Time to Fix Fire Hazard

8/8/2014

General Motors Co. won't be ready until late this year to begin replacing a control module that could catch fire in the driver's door of 188,700 SUVs, USA Today reports.

Lexus Plans Successor to LFA Supercar

8/8/2014

Toyota Motor Corp.'s Lexus brand says it has received approval to develop a successor to its 552-hp LFA supercar, eventually.

Car Sales Growth Slows in China

8/8/2014

Sales of passenger vehicles in China rose 12% year on year to 1.32 million units in July down from 14% growth in June, according to the country's Passenger Car Assn.

Fiat Outlines Growth Plan for India

8/8/2014

Fiat SpA is expanding its dealer network in India to 150 outlets by the end of this year from 116 locations at the end of 2013 as it begins to expand its local product offerings.

Magna Posts Record Sales, 23% Profit Hike

8/8/2014

Magna International Inc.'s net income surged to US$510 million in April-June from $415 million in the same quarter of 2013.

Nissan to Open Design and Tech Centers in China for Local Brand

8/8/2014

Nissan Motor Co. is opening separate design and engineering centers in Guangzhou next year to support its new China-specific Venucia brand, Reuters reports.

Redesigned Volt to Debut at Detroit Auto Show

8/8/2014

General Motors Co. confirms it will publicly unveil its next-generation Chevrolet Volt plug-in hybrid sedan in January at the Detroit auto show.

NHTSA Fines Hyundai $17 Million for Late Defect Report

8/8/2014

Hyundai Motor Co. has agreed to pay a fine of $17 million for failing to promptly report a brake system corrosion problem in 43,500 of its 2009-2012 model Genesis large sedans.

Takata Expects $235 Million Loss on Airbag Recalls

8/8/2014

Takata Corp. says it will probably incur a record net loss of 24 billion yen ($235 million) in the current fiscal year because of costs associated with recalls of faulty airbag inflators.