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GM Recalls Recalled Saturns for Shifter Flaw
5/7/2014General Motors Co. is recalling 56,200 of its 2007-2008 model Saturn Aura sedans because the shift cable for their 4-speed automatic transmissions may break.
Ford Suspends Production in Venezuela
5/7/2014Ford Motor Co. has halted car production in Venezuela at least through May because it can't get enough parts, Bloomberg News reports.
Nissan Begins Making Electric Vans in Spain
5/7/2014Nissan Motor Co. has launched production of its second all-electric vehicle, the e-NV200 van, in Barcelona.
Lutz’s VL Sports Car Company Merges with EV Maker
5/7/2014Detroit-based VL Automotive, the boutique carmaker co-founded in 2012 by Bob Lutz, has merged with McLean, Va.-based GreenTech Automotive Corp.
Michelin to Close Truck Tire Plant in Budapest
5/7/2014Michelin & Cie. says it will shut down its truck tire factory in Budapest about one year from now.
Fiat-Chrysler Maps Global Growth in Capacity
5/7/2014Fiat Chrysler Automobiles NV aims to trim its platforms from 18 currently to 15 by 2018, with nine architectures accounting for 95% of total sales volume by then.
Fiat-Chrysler Sets Ambitious Growth Targets
5/7/2014Fiat Chrysler Automobiles NV believes that by 2018 it will be able to more than double unit sales to 7 million vehicles, increase revenue 52% to €132 billion and generate net annual income of about €5 billion.
GM Sales Growth Slows to 6% in China
5/6/2014General Motors Co. sold a record 278,300 vehicles in China last month compared with 261,800 units in April 2013.
Fiat-Chrysler Unveils “Courageous” Growth Plan
5/6/2014Fiat Chrysler Automobiles NV predicts that by 2018 its now-integrated operations will hike revenue 52% to €132 billion ($184 billion), more than double unit sales to 7 million vehicles and generate annual net income of about €5 billion ($7 billion).
Chrysler Consolidates SRT Vehicles Under Dodge Brand
5/6/2014Chrysler Group LLC has combined its SRT portfolio of performance models under the Dodge brand, effective immediately.