NEWS

Eurozone Recovery Remains Fragile

6/19/2014

Some European economies, notably Germany and France, have rebounded to pre-crisis levels.

Harley-Davidson Tests Reaction to Electric Motorcycle

6/19/2014

Harley-Davidson Inc. is testing consumer interest in an all-electric powered version of its iconic motorcycles.

Audi Ponders High-Performance EV Models

6/19/2014

Volkswagen AG's Audi unit may develop a range of high-performance electric sedans and crossover vehicles to complement its upcoming R8 e-tron supercar, according to Reuters.

U.K. Leaves Interest Rates Unchanged

6/19/2014

Policymakers voted unanimously to leave left the Bank of England's prime interest rate unchanged at a record low 0.5%. The central bank signaled that an increase by year end is likely.

Daimler Begins C-Class Car Production in Alabama

6/19/2014

Daimler AG has officially begun making C-Class luxury sedans at its assembly plant in Tuscaloosa, Ala.

Ford Achieves Water Conservation Goal Two Years Early

6/19/2014

Ford Motor Co. says it has reduced its global water consumption 30% between 2009 and 2013, a goal it didn't originally expect to reach until the end of 2015.

Kia Designer Schreyer Wins Lifetime Achievement Award

6/19/2014

Hyundai-Kia Chief Design Offer Peter Schreyer is this year's winner of the prestigious lifetime design achievement award from the Detroit Institute of Ophthalmology.

Chrysler Touts Fuel Savings of 8-Speed Automatic Gearbox

6/19/2014

Chrysler Group LLC estimates that its growing use of 8-speed automatic transmissions will enable the company's vehicles to reduce gasoline usage by 700 million gallons over their service life.

Suppliers in India Ask for a Break on Imported Raw Materials

6/18/2014

India's auto supplier trade group is urging the country's central government to help their industry by ending import duties on such raw materials as aluminum, steel and their alloys, The Economic Times reports.

Panel: GM’s Know-Nothing Management “Alarming”

6/18/2014

Skeptical Congressmen grilled General Motors Co. CEO Mary Barra for nearly three hours on Wednesday about the her ability to change a bureaucratic corporate culture that delayed for more than a decade a recall of 2.6 million cars to fix ignition switches linked to 13 fatalities.