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VIEWPOINT | THE CASE AGAINST AUDITOR ROTATION RULES
4/14/2014Many publicly traded companies in the US may not realize that a growing number of countries are adopting rules that limit the number of years a public accounting firm may audit their financial statements.
VW Refuses to Raise Bid for Scania Shares
4/14/2014Volkswagen AG says it won't richen its offer to buy the 37% of commercial truckmaker Scania AB it doesn't already hold.
Chevrolet Freshens Cruze Small Car
4/14/2014General Motors Co. will unveil an updated 2015 Chevrolet Cruze small sedan at the New York auto show this week.
Chrysler Takes Charge on Venezuela Currency
4/14/2014Chrysler Group has joined General Motors and Ford in booking a first-quarter charge for an exchange rate adjustment for Venezuela's volatile currency.
U-Mich Building Connected-Car Test Facility
4/14/2014The University of Michigan expects to complete a $7 million complex in Ann Arbor, Mich., to test connected and autonomous vehicles by autumn.
Car Sales in China Climb 8%
4/11/2014Demand for passenger vehicles in China rose to 1.71 million units last month from 1.58 million in March 2013, according to the state-supported China Assn. of Automobile Manufacturers.
BMW Engine Recall Goes Global
4/11/2014BMW AG is recalling about 425,000 vehicles worldwide to check for loose bolts that could damage their 6-cylinder engines.
Lexus to Unveil Compact Crossover
4/11/2014The new NX small crossover vehicle from Toyota Motor Corp.'s Lexus unit will include turbocharged and hybrid powertrains when it debuts this month at the New York and Beijing auto shows.
Toyota Affiliates to Open Repair Shops in Indonesia, Thailand
4/11/2014Car parts suppliers Aisin Seiki and Denso and trading house Tokyota Tsusho intend to introduce auto repair shops in Indonesia and Thailand later this year, The Nikkei reports.
GM Suspends Two Engineers Cited in Ignition Switch Recall
4/11/2014Two General Motors Co. engineers have been placed on paid leave pending further results of an investigation into why the company waited 13 years to recall 2.6 million defective ignition switches implicated in 13 deaths.