NEWS

China’s Slump in Truck Sales Expected to Accelerate

7/10/2014

Demand for commercial trucks in China, which fell 3% in the first half of 2014, could shrink even faster in the second half, the Financial Times reports.

Opel Reveals Fifth-Generation Corsa

7/10/2014

General Motors Co.'s Opel unit says its redesigned Corsa supermini has been engineered to deliver performance akin to larger and more expensive cars.

Honda Adopts Western Style Relationship with Dealers in Japan

7/9/2014

Honda Motor Co. wants its dealers in Japan to assume more risk for inventories in a bid to push domestic sales to 1 million vehicles per year, The Nikkei reports.

GM’s Rusting Brake Lines Don’t Make Cut in Record Recalls

7/9/2014

After record-breaking recalls earlier this year, GM is resisting a recall for rusting brake lines in almost 1.8 million pickups.

U.K. to Supply Infiniti QX30 Crossover Worldwide

7/9/2014

Nissan Motor Co. is preparing its factory in Sunderland, England, to supply global markets with its new Infiniti QX30 small SUV/crossover vehicle next year.

Mexico May Be Latin America’s Largest Carmaker This Year

7/9/2014

Mexico could surpass Brazil in 2014 as Latin America's largest vehicle producer for the first time in 12 years, says Bloomberg News.

GM Workers in Korea Vote to Strike

7/9/2014

Union workers at GM Korea have voted to strike for the fourth consecutive year, this time over demands that General Motors Co. modify its 60-year-old wage structure, Reuters reports.

House Republicans Ponder Bailout for Highway Trust Fund

7/9/2014

A $10 billion plan proposed late Tuesday by House Ways and Means Committee Chair David Camp (R-Mich), would shore up the Highway Trust Fund's rapidly dwindling reserves by diverting corporate taxes and customs fees, Bloomberg News reports.

BMW Tops 1 Million Sales at Mid-Year

7/9/2014

BMW Group sold a record 1.02 million vehicles worldwide in the first half of 2014, up 7% from the same period last year.

Subaru Joins Takata Airbag Recall

7/9/2014

Subaru maker Fuji Heavy Industries Ltd. has joined eight other carmakers in recalling vehicles equipped with faulty airbag inflators supplied by Takata Corp.