NEWS

GM Recalls Another 822,700 Vehicles

7/24/2014

General Motors Co. is launching six more global recalls to repair a variety of safety problems in nearly 823,000 vehicles built in the last five model years.

AAA: Start-Stop Systems Deliver 5%-7% Fuel Economy Boost

7/24/2014

Tests by AAA show automatic engine stop-start systems increase a car's fuel efficiency 5%-7% on the U.S. Environmental Protection Agency's urban test cycle.

Opel Plans Successor to Ampera Plug-in Hybrid

7/24/2014

Adam Opel AG says it intends to add a successor to the Ampera extended-range hybrid when General Motors Co. discontinues the slow-selling model a year from now.

Proxy Advisor Urges “No” Vote on Fiat-Chrysler Merger

7/23/2014

Holders of Fiat SpA stock should vote against the company's proposed merger with Chrysler Group LLC because the deal will reduce their rights, suggests international proxy advisor Institutional Shareholder Services Inc.

REVISED: India Prepares $2.3 Billion in Aid to EV Industry

7/23/2014

India plans in 3-5 months to begin infusing the country's struggling electric vehicle industry with $2.3 billion over the next six years.

GM Asks for Broader Protection from Pre-Bankruptcy Claims

7/23/2014

General Motors Co. has asked federal bankruptcy Judge Robert Gerber to affirm before Aug. 11 that the company is not responsible for the mistakes of "old" GM, Bloomberg News reports.

Winterkorn Cites “Urgent” Need to Cut VW Costs

7/23/2014

Volkswagen AG CEO Martin Winterkorn tells employees the company intends to achieve annual cost reductions of €5 billion by 2018 to meet an "urgent" short-term need to gain efficiency and hike profits.

Hyundai Deemed America’s Most Appealing Non-Luxury Brand

7/23/2014

Hyundai has outscored all other non-premium brands in the U.S. market for new-car appeal, according to the J.D.

Chrysler to Recall Jeeps with Flawed Ignition Switches

7/23/2014

Chrysler Group LLC is preparing to recall 792,300 Jeep SUVs worldwide to update ignition switches that can by knocked out of the "run" position by the driver's knee.

Ford Adds Two New V-6s for Aluminum F-Series Truck

7/23/2014

Ford Motor Co. says buyers of its aluminum-intensive 2015 model F-150 pickup truck can expect V-8-like performance from the model's two new V-6 engines.