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U.S. Consumer Confidence Rebounds
3/25/2014Consumer confidence in the American economy, which slipped last month, improved in March, led by a strong upturn in optimism about conditions in coming months, the New York City-based Conference Board reports.
Honda to Trim Output in U.K.
3/25/2014Honda Motor Co. says sluggish sales are prompting it to eliminate one of three shifts at its factory in Swindon, England.
Antitrust Agents Raid Faurecia, Tenneco Offices
3/25/2014Antitrust officials from the EC and EU member nations have raided the offices of several exhaust system suppliers across Europe on Tuesday, including those of Eberspaecher, Faurecia and Tenneco.
Ferrari Replaces 4 Board Members, Retains Leadership
3/25/2014Fiat SpA's Ferrari unit has retained Luca di Montezemolo as chairman, Amedeo Felisa as CEO and Piero Ferrari as deputy chairman.
Renault Drops Caterham for Alpine Brand Project
3/25/2014Renault SA is ending its 16-month-old partnership to develop and produce sports cars with the U.K.'s Caterham Cars Ltd., Autocar reports.
Fisker Completes Asset Sale to Wanxiang
3/25/2014Fisker Automotive Inc. has completed the sale of virtually all its assets to an affiliate of Wanxiang America Corp. for $150 million.
More Details Emerge on BMW-Toyota Hybrid Sports Car
3/25/2014The new hybrid sports car being co-developed by BMW AG and Toyota Motor Corp. will use supercapacitors in place of lithium-ion batteries to power as many as three electric motors, according to Autocar.
Nissan Outlines Plans for Infiniti Sales in China
3/24/2014Nissan Motor Co. targets annual sales of 100,000 Infiniti brand luxury vehicles in China by 2019 with more than half produced locally, The Nikkei reports.
New Lawsuit Claims GM Should Widen Ignition Switch Recall
3/24/2014A new lawsuit filed in San Francisco claims the defective ignition switch General Motors Co. is recalling isn't the only flaw the company should fix.
Russian Government to Limit Import Car Purchases
3/24/2014Russia is preparing to restrict state institutions and local governments from buying imported cars, Interfax reports.