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Renault Opens Executive-Level Lean-Manufacturing School
3/21/2014Renault SA and its Renault Consulting unit have opened the International School of Lean Manufacturing at the carmaker's assembly plant in Flins, France.
BMW Plans Major U.S. Production Expansion
3/21/2014BMW AG is expected to announced on March 28 a major expansion of its SUV factory in Spartanburg, S.C., says The Wall Street Journal, which cites unnamed sources.
Geely Cites Cost Pressure on Chinese Car Brands
3/21/2014China's traditional domestic brands face "tremendous" cost pressure from foreign carmakers and tightening government regulations, says Li Shufu, chairman of Zhejiang Geely Holding Group Co. and Volvo Cars.
PSA to Reduce Executive Pension Benefits
3/21/2014PSA Peugeot Citroen confirms it will reduce future pension benefits for top executives following public criticism that the packages have been too rich.
Barra to Testify on GM Ignition Switch Recall
3/21/2014General Motors Co. CEO Mary Barra has been called to testify before the U.S. House Energy and Commerce Committee on April 1 about the company's tardy recall of 1.6 million vehicles with defective ignition switches.
Judge Approves Toyota’s $1.2 Billion Recall Settlement
3/21/2014A federal district judge in New York City has accepted Toyota Motor Corp.'s agreement to settle a corporate fraud probe into the company's attempt to hide safety defects, calling the case one that shows "corporate fraud can kill."
VW Affirms Russia Expansion
3/20/2014Volkswagen AG tells Reuters it will move forward on construction of an €840 million engine plant in Kaluga, Russia, even as Europe ponders sanctions against the country for its seizure of Crimea.
Toyota to Resume Output in India
3/20/2014Toyota Motor Corp. says it will reopen its two factories near Bengaluru (formerly Bangalore), India, on March 24.
VW Poised to Approve Budget-Car Program
3/20/2014Volkswagen AG is ready to move forward with a long-simmering plan to develop a low-cost car for emerging markets, according to Germany's Manager Magazin.
Recall Settlement a Turning Point for Toyota
3/20/2014Toyota Motor Corp. President Akio Toyoda says the company's $1.2 billion settlement of a U.S. criminal probe about its handling of unintended acceleration complaints marks a shift in how the company thinks about safety.