NEWS

U.S. Car Sales Growth Slows

7/1/2014

Car and light-truck sales in the U.S. reached 1.42 million last month compared with 1.40 million unit in June 2013, according to Autodata Corp.

GM Ready to Compensate All Victims of Ignition Switch Flaw

7/1/2014

General Motors Co. intends to offer compensation to everyone who can prove they were victims of crashes involving the 2.6 million cars GM is recalling to replace defective ignition switches.

Chrysler Expands Ignition Switch Recall

7/1/2014

Chrysler Group LLC is adding 696,000 units to an earlier recall of minivans and crossovers whose ignition switches could slip out of the "run" position, thus cutting off power to the engine.

GM Vehicle Recall Total Hits 29 Million Units

7/1/2014

General Motors Co. is launching six new global recalls covering 8.4 million vehicles produced between 1997 and 2014 most of them to remedy ignition switches that can be jolted out of the "run" position.

GM Recalls Another 507,000 Vehicles

7/1/2014

General Motors Co. said on Friday it will recall 506,900 vehicles in four separate global campaigns.

Nissan, Mercedes Plan $1.4 Billion Venture in Mexico

6/27/2014

The Renault-Nissan alliance and Daimler AG are expanding their four-year-old product development partnership with a 50:50 venture in Mexico that will begin building small luxury cars for both companies three years from now.

Truck Sales in Europe Climb 11%

6/27/2014

Demand for commercial vehicles across Europe jumped to 157,900 units last month compared with 142,700 in May 2013, according to industry group ACEA.

Good News: Japan’s Inflation Surges to 32-Year High

6/27/2014

Consumer prices in Japan grew at a welcomed annualized rate of 3.4% in May, the biggest increase in more than three decades, the government reports.

Renault Names New Engineering Head

6/27/2014

Renault SA has named Gaspar Gascon Abellan, its former head of powertrain engineering, as executive vice president of engineering.

Toyota Unveils Final Design for Fuel Cell Car

6/27/2014

Toyota Motor Corp. has released images of the final exterior design for the fuel-cell-powered sedan it will introduce in Japan next April.