NEWS

GM Announces Pricing for High-Speed In-Car Internet Service

5/14/2014

General Motors Co. says the speedy 4G LTE connectivity it will roll out through its OnStar unit beginning next month will cost between $5 (20 MB of data) and $50 (5 GB) per month.

Chrysler Needs Hybrids to Meet Fuel Economy Goal

5/14/2014

Fiat Chrysler Automobile CEO Sergio Marchionne says hybrid powertrains will be a "very large component" of Chrysler's strategy to meet U.S. fuel economy standards for 2025.

Car Sales Drop 8% in Russia

5/13/2014

Demand for passenger vehicles in Russia dropped to 226,500 units last month from 245,300 in April 2013, the Moscow-based Assn. of European Businesses reports.

VW Prevails in Bid to Acquire Scania

5/13/2014

Volkswagen AG has garnered shareholder support for a 90.5% stake in Scania AB, thus enabling it to acquire the Swedish truckmaker outright.

Confidence in Germany’s Economy Slips Again

5/13/2014

Analysts and institutional investors continue to lower their outlook for Germany's economy, according to the country's ZEW economic research group.

Buick Makes Rearview Cameras Standard

5/13/2014

General Motors Co.'s Buick unit will equip all its 2015 models in the U.S. with standard rearview cameras.

Rolls-Royce Starts Design Work on an SUV

5/13/2014

Rolls-Royce Motor Cars Ltd. has begun sketching a possible SUV that could go into production in three or four years, Autocar reports.

Navistar Scrambles As Ford Prepares to Go It Alone

5/13/2014

Navistar International Corp. is trying to drum up new buyers for its medium-duty trucks as Ford Motor Co. bows out as a major customer, The Wall Street Journal reports.

Nissan’s Quarterly Profit Rises 5%

5/12/2014

Nissan Motor Co. reports net income in January-March of 114.9 billion yen ($1.1 billion) compared with 110 billion yen in the first quarter of 2013.

Merger Costs Push Chrysler to First-Quarter Loss

5/12/2014

Chrysler Group LLC's revenue in the first quarter of 2014 jumped 23% to $19 billion as global vehicle shipments rose 16% to 668,000 units.