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BMW Near Decision on Second N. American Plant
4/9/2014BMW AG will decide in the next few months whether to erect its second assembly plant in North America, Bloomberg News reports.
VW Brand Sales Rise 5% in March
4/9/2014Volkswagen Group reports deliveries of its namesake vehicles climbed to 557,800 units in March from 532,400 a year earlier.
Tesla Launches EV Leasing Program for Businesses
4/9/2014Tesla Motors Inc. has introduced a program aimed at small and medium businesses that want to lease its Model S electric sedans.
GM Launches $449 Million Upgrades to Volt, Battery Factories
4/8/2014General Motors Co. plans to spend $384 million to retool its Detroit-Hamtramck assembly plant to produce the next-generation Chevrolet Volt extended-range hybrid and two other unspecified models.
Aisin Names New U.S. Tech Center Chief
4/8/2014Japanese component supplier Aisin Seiki Co. Ltd. has appointed Yoshiaki Kato as president of its technical center in Plymouth, Mich.
Corvette Gets 8-Speed Automatic
4/8/2014General Motors Co. will offer an all-new 8-speed automatic transmission in the 2015 Corvette Stingray that is expected to boost the sports car's fuel efficiency about 5%.
VIEWPOINT | NEW RESINS SPEED CARBON-FIBER PARTS PRODUCTION
4/8/2014Carmakers are increasingly interested in composite parts reinforced with carbon fibers as a method to reduce vehicle weight and thereby improve fuel efficiency.
Magna to End Consulting Fees to Founder Stronach
4/8/2014Magna International Inc., which paid founder Frank Stronach US$52 million in consulting fees last year, says such payments will not be "renewed, extended or replaced" at the end of 2014, Reuters reports.
Most Midsize SUVs Struggle in IIHS Crash Test
4/8/2014Only two of nine midsize SUVs scored well in the Insurance Institute for Highway Safety's tough "small overlap" crash test.
Bosch Hopes to Double Car Parts Business in Asia
4/8/2014Robert Bosch GmbH aims to double its annual sales in Asia Pacific to €22.2 billion by 2020.