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Daimler Launches Engine Venture with Nissan in U.S.
6/26/2014Daimler AG and Nissan Motor Co. have begun making turbocharged 4-cylinder engines at a joint-venture U.S. factory in Tennessee.
Nissan, Daimler Begin Joint Engine Production in Tennessee
6/26/2014Nissan Motor Co. and Daimler AG have begun building a family of 2.0-liter turbocharged 4-cylinder engines for Infiniti and Mercedes-Benz luxury cars at their new joint-venture factory in Decherd, Tenn.
GM Confirms Cost to Close Bochum Plant
6/26/2014General Motors Co. President Dan Ammann tells Reuters the company will spend €635 million to close its Opel assembly plant in Bochum, Germany.
GM Will Reveal Recall Compensation Plan on Monday
6/26/2014The plan General Motors Co. is developing to compensate victims of crashes attributed to defective GM ignition switches will be announced on Monday.
Intel, Ford Explore In-Car Imaging Options
6/26/2014Ford Motor Co. and Intel Corp. are researching in-car camera systems that use facial recognition software to recognize the driver and adjust the seat, interior temperature and other vehicle control settings accordingly.
Korea May Fine Hyundai, Ssangyong for Overstating SUV Fuel Economy
6/26/2014Hyundai Motor Co. and Ssangyong Motor Co. could face a total of 1.2 billion won ($1.2 million) in fines for misrepresenting the fuel economy of two SUV models, The Wall Street Journal reports.
Takata CEO Apologizes for Airbag Recalls
6/26/2014Takata Corp. CEO Shigehisa Takada apologized to shareholders earlier today for the company's increasing liability for some 10.5 million vehicle recalled by eight carmakers to replace Takata-supplied airbag systems that could explode.
GM Warns of More Recalls to Come
6/26/2014General Motors Co. CEO Mary Barra has again cautioned that the company may launch more recalls as it continues to review records about possible problems with older models.
Ford Readies 15-Foot-Long Airbag System
6/26/2014This autumn Ford Motor Co. will debut the industry's largest airbag ever: a side curtain spanning five rows of seating in the company's 15-passenger Transit wagon.
PSA to Drop at Least Two Models
6/26/2014PSA Peugeot Citroen confirms a report by Les Echos that it won't replace its slow-selling Peugeot 207 Plus supermini and 807 large minivan.