Mexican Media Brands
Nurburgring Sold to German Auto Parts Company
3/12/2014Germany's famed Nurburgring racing circuit has been acquired by Capricorn Group, an auto supplier in Dusseldorf, for about €125 million, according to Bloomberg News.
New Jersey Blocks Tesla-Owned Sales Outlets
3/12/2014New Jersey's motor vehicle commission has issued new rules on car dealership licensing that may force Tesla Motors Inc. to close its two factory-owned outlets in the state, Automotive News reports.
VIEWPOINT | A NEW HOLISTIC TOOL TO ENABLE TOTAL VEHICLE FUEL EFFICIENCY
3/12/2014Today's carmakers are pursuing every avenue to enhance the efficiency of tomorrow's cars and trucks.
Justice Dept. Launches Probe into Delayed GM Recall
3/12/2014The U.S. Dept. of Justice is investigating whether General Motors Co. broke civil or criminal laws by belatedly recalling an ignition switch defect the company noticed in its cars a decade ago, Bloomberg News reports.
Canada Signs Trade Pact with South Korea
3/11/2014Canada will phase out its import tariffs on South Korean auto imports in less than five years as part of the trade pact with the country announced today.
Hyundai Readies its First EV
3/11/2014Hyundai Motor Co. says it is preparing to introduce its first battery-powered electric car in 2016.
Volvo Tests Road Magnets to Position Self-Driving Cars
3/11/2014Volvo Car Group reports promising results for a scheme to bury small magnets in roadways that self-driving cars can use to fine-tune their location.
Ex-Ford Purchasing Chief Joins Tower International Board
3/11/2014Tony Brown, the former head of global purchasing at Ford Motor Co., will join the board of Livonia, Mich.-based Tower International Inc. on April 1.
Audi Outsells BMW Worldwide
3/11/2014Audi reports global sales of 242,400 units in January-February, about 400 more than were sold by the luxury market's best-selling brand, BMW.
Car Sales in China Climb 18%
3/11/2014Wholesale deliveries of passenger vehicles in China rose to 1.31 million last month from 1.11 million in February 2013, according to the state-supported China Assn. of Automobile Manufacturers.