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Honda’s First Business Jet Nears Completion
5/19/2014Honda Motor Co.'s airplane unit says the first nine production-versions of its seven-passenger HondaJet are finally being assembled.
Opel Approves €550 Million Plan to Close Bochum Plant
5/19/2014General Motors Co. will spend at least €550 million on severance pay and early retirement packages for workers at the Opel assembly plant it is closing in Bochum, Germany, Reuters reports.
Auto Suppliers Cautious About Growth in Europe
5/19/2014Car sales in western Europe climbed 7% in the first quarter of 2014.
BMW to Announce Mexico Plant in July?
5/19/2014BMW AG plans in July to announce it will build an assembly plant in Mexico, according to Automobilwoche, which doesn't identify its source.
Report: GM Internal Probe Focusing on Legal Department
5/19/2014General Motors Co.'s own investigation into its laggardly response to a fatal ignition switch defect suggests the company's legal staff attempted to cloak GM's effort to fix the problem from the families of crash victims and others, according to The New York Times.
Nissan Replacing Timing Chains in Juke MPVs
5/19/2014Nissan Motor Corp. has begun replacing defective engine timing chains in 104,400 Juke MPVs sold in the U.S. and Canada.
JCI, SAIC Affiliate to Launch "World’s Largest" Auto Interiors Venture
5/19/2014Johnson Controls Inc. and a unit of Shanghai Automotive Industry Corp. have signed a definitive agreement to form what they describe as the world's largest automotive interiors company.
Hyundai to Recall Tucson Crossovers to Fix Loose Airbag
5/19/2014Hyundai Motor Co. is recalling 141,000 of its 2011-2014 model Tucson crossover vehicles in the U.S. and Puerto Rico so dealers can tighten the mounts of the steering wheel airbag assembly.
Tesla Now California’s Biggest Auto Employer
5/19/2014Tesla Motors Inc., which reports its California staff has grown to more than 6,000, is now the state's largest automotive employer, notes Bloomberg News.
GM to Pay $35 Million Fine for Tardy Ignition Switch Recall
5/16/2014General Motors Co. has agreed to pay a $35 million fine the maximum currently allowed to the National Highway Traffic Safety Administration for waiting more than a decade to report an ignition switch flaw linked to 13 fatalities.