JAMA: Japan Tax Could Cut Car Sales 16%
3/20/2014The scheduled hike in Japan's sales tax from 5% to 8% on April 1 could reduce new-car sales in the country 16% for the fiscal year that begins on that date, the Japan Automobile Manufacturers Assn. predicts.
Porsche to Produce Vehicles Outside Germany for First Time
3/20/2014Porsche AG says in 2016 it will begin building the next-generation Cayenne large SUV entirely in Bratislava, Slovakia.
Higher Interest Rates Ahead in 2015?
3/20/2014Federal Reserve Chair Janet Yellen has indicated the central bank might begin raising interest rates "on the order of six months" after it winds down its current bond-buying program.
Bentley to Supply All W12 Engines for VW Group
3/20/2014Next year Volkswagen AG's Bentley Motors unit will become sole supplier of W12 engine for the flagship models of both companies and their Audi sister brand.
BMW Says Its EV Production Could Top 100,000 Units
3/20/2014BMW AG says tougher emission rules in Europe may force it to build more than 100,000 electric vehicles per year by 2020 regardless of market demand for the cars.
Bentley Teases New SUV
3/20/2014Bentley Motors Group has released an obscured image of the new SUV it plans to introduce in 2016.
Kia Names U.S. Executive as Vice Chairman
3/20/2014Kia Motors Corp. has promoted the CEO of its American operations to become one of two vice chairmen of the South Korean company.
GM Ignition Switch Lawsuits Spread to California, Michigan
3/20/2014The expected wave of would-be class-action lawsuits triggered by General Motors Co.'s belated recall of 1.6 million cars with defective ignition switches has spread from Texas to Michigan and California.
Chrysler Names Lux as New Transmission Chief
3/19/2014Chrysler Group has named Jeffrey Lux, formerly executive director of powertrain launches at General Motors Co., as head of transmission powertrain.
GM Launches Global Small-Engine Overhaul
3/19/2014General Motors Co. is replacing its current lineup of Ecotec small engines with a next-generation family of 3- and 4-cylinder engines that eventually will power about 25% of the company's global fleet.