NEWS

Aston Martin to Revive Lagonda Sedan?

5/23/2014

Aston Martin Lagonda Ltd. has been testing a four-door model that may signal the company's plan to revive its dormant Lagonda nameplate, Autoblog.com reports.

Japan’s Carmakers Launch Joint Engine Research Group

5/23/2014

Eight Japanese carmakers and the Japan Automobile Research Institute have formed a coalition to identify research topics that could result in cleaner internal combustion engines.

Panasonic Debates Tesla Investment

5/23/2014

Panasonic Corp. continues to debate how much it will invest in Tesla Motors Inc. huge electric-car battery "gigafactory," and the company is skeptical of Tesla's claim that the plant will be able to cut battery costs 30%, The Wall Street Journal reports.

Renault Reevaluates EV Program

5/23/2014

Renault SA tells Bloomberg News it has suspended plans for an electric version of its Twingo minicar because demand for EVs is much lower than the company expected.

Grand Jury Indicts Tokai Rika Executive for Price Fixing

5/23/2014

A federal grand jury in Detroit has indicted Hitoshi Hirano, a former executive managing director of Japanese supplier Tokai Rika Co., with conspiring to rig prices of components sold to Toyota Motor Corp.

GM: Recalls May Continue to Mid-Summer

5/23/2014

General Motors Co. has advised Wall Street that the company's record number of vehicle recall campaigns this year will continue for about two more months, the Associated Press reports.

Ford Opens New Assembly Plant in Turkey

5/23/2014

Ford Otosan, the Turkish carmaking venture between Ford Motor Co. and Koc Holding AS, has officially launched production at a new van factory in Yenikoy, Turkey.

Texas Litigants Agree to Suspend GM Lawsuit Till Autumn

5/22/2014

U.S. bankruptcy judge Robert Gerber has persuaded a group of General Motors Co. customers in Texas to put off a lawsuit against the company until he can determine if their claims have merit, Bloomberg News reports.

Chevrolet Makes Stop-Start Standard in Base 2015 Impala

5/22/2014

General Motors Co.'s Chevrolet unit will equip the standard 2.5-liter 4-cylinder engines in all 2015 Impala sedans with an automatic stop-start system.

Volkswagen Ponders Production for 395-hp Golf

5/22/2014

Volkswagen AG is determining the financial viability of commercializing the R400, a version of its high-performance Golf R three-door hatch powered by a 395-hp engine, Autocar reports.