NEWS

Kia to Build Auto Plant in Mexico

6/2/2014

Kia Motors Corp. is preparing to build an auto plant in Monterrey, Mexico, that will be able to make 300,000 vehicles per year, unnamed sources tell Reuters.

NHTSA Probes Chrysler Airbag Fix

6/2/2014

U.S. safety officials are investigating complaints that airbags in two Jeep SUV models may deploy spontaneously in spite of a recall 18 months ago to fix the problem.

Car Sales in Japan Slip 1%

6/2/2014

New-car and minivehicle sales in Japan shrank only 1% to 363,400 units in May, suggesting consumers are shrugging off the impact of the country's increased sales tax.

Goodyear Plans First New Americas Tire Plant in 24 Years

6/2/2014

Goodyear Tire & Rubber Co. says it plans to open a $500 million consumer tire factory somewhere in the Americas in the first half of 2017.

Ford to Debut in-Hub Adaptive Steering Technology

6/2/2014

Within the next 12 months Ford Motor Co. plans to begin equipping some of its vehicles with a system that adds or reduces a driver's steering input according to vehicle speed.

GM, Plaintiffs Spar Over Where to Consolidate Recall Claims

6/2/2014

General Motors Co. is asking that a New York City court be selected to consolidate hundreds of lawsuits claiming economic losses caused by the carmaker's recall of 2.6 million cars with defective ignition switches.

Marchionne: Chrysler Critical to Fiat Success in Europe

6/2/2014

Fiat is counting on strong economic results from its Chrysler unit in North America to help pay for aggressive growth in Europe, says Fiat Chrysler Automobiles CEO Sergio Marchionne.

Mitsubishi to Supply Pickup Trucks to Fiat

6/2/2014

Fiat Chrysler Automobiles NV has finalized a deal to market a variant of Mitsubishi Motors Corp.'s L200 pickup truck in Europe and Latin America beginning in 2016, Automotive News Europe reports.

BMW Adds New Models, More Capacity in india

5/30/2014

BMW AG hopes to regain its position as India's top-selling luxury brand with at least six new models and a 31% hike in local production capacity this year.

GM Describes “Most Critical” Labor Talks in Korea

5/30/2014

Sergio Rocha, CEO of GM Korea, tells Bloomberg News this year's labor talks in South Korea will be the company's most critical negotiations ever.