NEWS

Report: Nissan Seeks Stake in Defiance Technologies

5/8/2014

Nissan Motor Co. is in talks to acquire as much as 40% of India's Defiance Technologies, according to the Economic Times.

PSA Names New Chiefs for Citroen, DS Brands

5/8/2014

PSA Peugeot Citroen has named Linda Jackson, currently managing director of its Citroen brand in the U.K., as CEO of the brand worldwide.

GM Brings Back Steve Harris to Guide PR

5/8/2014

General Motors Co. has hired Steve Harris, who headed its corporate public relations during the company's bankruptcy, to help it deal with backlash from its recall of 2.6 million cars with defective ignition switches.

Ford to Buy Back $1.8 Billion in Stock

5/8/2014

Ford Motor Co. plans to spend about $1.8 billion to repurchase as many as 116 million of its common shares during the remainder of 2014.

GM Offers Employee Discount to Recalled-Car Owners

5/8/2014

General Motors Co. has been quietly offering owners of the 2.6 million cars it is recalling to fix defective ignition switches deep discounts usually available only to its employees, The Wall Street Journal reports.

Brake Flaw Triggers Honda Recall in India

5/7/2014

Honda Motor Co. says it is recalling 31,200 small cars in India to replace a brake system component that may be faulty.

Fiat Posts a First-Quarter Loss

5/7/2014

Fiat SpA reports a net loss of €319 million in January-March 2013 compared with a profit of €31 million in the same quarter last year.

Study: No Safety Risk in Magnetic Fields from EVs

5/7/2014

Electromagnetic emissions from electric vehicles are "absolutely no cause for concern" about human health, according to a new study led by Norway-based SINTEF, Scandinavia's largest independent research group.

Chrysler Will Add Two Plug-In Hybrid Models, Reluctantly

5/7/2014

Fiat Chrysler Automobiles NV says its Chrysler brand will debut plug-in versions of its minivan and new large crossover vehicle in 2015 and 2017, respectively.

NHTSA Rejects Request to Curb Recalled GM Cars

5/7/2014

The National Highway Traffic Safety Administration has turned down a request by two U.S. senators to advise 2.6 million car owners to park their vehicles until General Motors Co. can replace their cars' defective ignition switches.