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Motiv Engines Unveils Updated Split-Cycle Engine
5/9/2014Motiv Engines LLC says the latest version of its so-called Clarke-Brayton cycle engine is twice as efficient as a gasoline powerplant and has 20% greater efficiency than a modern diesel.
Ford Report Sales Gain in China
5/9/2014Ford Motor Co.'s wholesale volume in China last month climbed 29% to 96,800 vehicles compared with results for April 2013.
Chrysler, Vendors Struggle to Debug New Payment System
5/9/2014Chrysler Group LLC's flawed new invoicing system has delayed payments to some vendors by as long as four months, says the Detroit Free Press.
Demand Falters for Hybrid Powertrains in Big Vehicles
5/9/2014Carmakers are dropping hybrid options in the U.S. for some of their largest vehicles because of poor demand, USA Today reports.
Tesla Shares Slide After Loss Report
5/9/2014Shares in Tesla Motors Inc. fell 11% to $178.59 yesterday after the California-based electric car maker reported on Wednesday that it lost $50 million in the first quarter.
Fiat Chrysler’s Global Headquarters Will Be in London
5/9/2014Fiat Chrysler Automobiles NV confirms its headquarters will be in London.
A Tire That Senses Tread Depth Electronically
5/8/2014A new system from Continental Corp. uses sensors embedded in tires to estimate remaining tread depth and alert drivers when they need to replace worn rubber.
Fiat to Move Punto Production to Poland
5/8/2014Fiat SpA plans to invest about €567 million to prepare its factory in Tychy, Poland, to build a replacement for the Punto small car starting in 2016, according to Puls Biznesu.
Magna Posts Higher Sales, Profits
5/8/2014Magna International Inc. says gains in North America, Europe and Asia hiked its first-quarter sales and net earnings 7% each to US$9 billion and $393 million, respectively.
Toyota’s Quarterly Income Slips 5%
5/8/2014Toyota Motor Corp. reports net income of 297 billion yen ($2.9 billion) in the fiscal fourth quarter ended March 31, down from 314 billion yen in the same period a year earlier.