NEWS

Chrysler Group Will Remain a U.S. Legal Entity After Fiat Merger

4/1/2014

Fiat SpA will absorbed by Fiat Chrysler Automobiles NV after the Italian carmaker finalizes its acquisition of Chrysler Group LLC later this year.

U.S. Mandates Rearview Cameras

4/1/2014

The National Highway Traffic Safety Administration has issued final standards that will require all new cars, buses and trucks weighing less than 10,000 lbs to be fitted with standard backup cameras by May 2018.

Toyota Workers in Canada to Vote on Union

4/1/2014

Toyota Motor Corp. workers in three assembly plants in Canada will vote next week on whether to be represented by Unifor.

Redesigned GM Ignition Switch Didn’t Meet Specs

4/1/2014

General Motors Co. has said the defective ignition switch it is recalling in 1.6 million of its 2003-2007 models had been fixed by the 2008 model year.

Marchionne Says Fiat-Chrysler Could Grow 60% in Five Years

3/31/2014

CEO Sergio Marchionne says merging Fiat and Chrysler will create a company that can produce more than 6 million vehicles and perhaps as many as 7 million annually by 2018.

Marchionne Says Fiat-Chrysler Sales Could Hit 7 Million Units

3/31/2014

CEO Sergio Marchionne says merging Fiat and Chrysler will create a company that can produce more than 6 million units annually, and perhaps 7 million, by 2018.

Tesla’s China Managers Quits

3/31/2014

Kingston Chan, who joined Tesla Motor Inc. a year ago to launch the electric carmaker's brand in China, has quit for personal reasons, according to local reports.

Daimler, Aston Martin to Partner on Luxury SUV?

3/31/2014

Daimler AG and Aston Martin Lagonda Ltd. may co-develop a luxury SUV/crossover platform by 2017 to be used by both companies, according to Bloomberg News, which cites unidentified sources.

GM Recalls 1.3 Million Vehicle for Power Steering Flaw

3/31/2014

General Motors Co. which has recalled nearly 4.4 million cars worldwide in the past two months for defects in ignition switches, airbag wiring and safety materials is recalling another 1.3 million vehicles with faulty electric power steering motors.

Audi A3 to Spawn New U.S. Models

3/31/2014

Volkswagen AG's Audi unit is launching its 2015 model A3 small sedan in the U.S. this spring on a platform that will add five new models for the American market within the next 16 months.