NEWS

Porsche Expands Weissach R&D Center

7/21/2014

Porsche AG has officially opened three new buildings at its R&D complex in Weissach, Germany.

GM Halts Sales of Cadillacs with Flawed Switches

7/21/2014

General Motors Co. is telling its Cadillac dealers not to sell certain CTS and XRS sedans because the company hasn't figured out how to fix the vehicles' flawed ignition switches.

IAV Continues to Beef Up Operations for Complex Emission Issues

7/21/2014

IAV GmbH, the German engineering and powertrain systems engineering company, is adding test centers in Mexico City, Mexico, and San Carlos, Calif.

Ex-Ford President Scheele Dies

7/21/2014

Nick Scheele, who served as Ford Motor Co.'s president and COO between 2001 and his retirement in 2005, died on Friday at age 70.

JCI Net Earnings Plunge 50%

7/18/2014

Johnson Controls Inc. advanced sales 3% to $10.8 billion in its fiscal third quarter ended June 30.

Steering Defect Prompts Kia to Recall Soul MPVs

7/18/2014

Kia Motors Corp. is recalling 51,600 Soul multipurpose vehicles in the U.S. to replace and secure the steering system's pinion gear.

GM Large Trucks to Get Standard 8-Speed Automatic

7/18/2014

General Motors Co. will make its Hydra-Matic 8L90 8-speed automatic transmission standard on 2015 model Chevrolet Silverado and GMC Sierra fullsize pickup trucks and GMC Yukon Denali SUVs.

Maserati to Cap Sales

7/18/2014

Fiat SpA's Maserati unit says it will preserve the marque's exclusivity by selling no more than 75,000 vehicles per year.

Takata Books Another $444 Million for Airbag Recalls

7/18/2014

Takata Corp. says it will take a special loss of 45 billion yen ($444 million) in April-June to cover the cost of new recalls of defective airbag inflators it supplied to 10 carmakers.

SAIC-GM-Wuling Breaks Ground for Test Center in China

7/18/2014

Construction has begun for a new R&D center and providing ground in Liuzhou, China, for SAIC-GM Wuling Automobile Co.