NEWS

Apple Debuts New iPhone Connectivity System

3/3/2014

Apple Inc. is rolling out CarPlay, an in-car system that will enable users to access several iPhone functions directly through their vehicle's infotainment system.

Opel Planning Big SUV as Flagship Model?

3/3/2014

General Motors Co.'s Opel unit will add a large SUV to its lineup in 2017 as the brand's top-end model, according to Germany's Auto Bild.

Russian Ruble Slumps to All-Time Low

3/3/2014

The Russian ruble has dropped to historic lows of 50.30 to the euro and 36.5 to the U.S. dollar.

Citroen Plans “Pay-Per-Use” Lease for New Crossover

3/3/2014

PSA Peugeot Citroen plans to offer its new Citroen C4 Cactus crossover with a unique leasing scheme that helps customers manage the monthly cost of the vehicle, says Automotive News Europe.

Global Car Market Likely to Peak by 2024

3/3/2014

Worldwide annual demand for new passenger vehicles will peak at roughly 100 million units within the next decade from about 82 million last year, says Bloomberg News, citing a forecast by IHS Automotive.

LG Chem Ponders EV Battery Factory in China

3/3/2014

LG Chem CEO Park Jin-soo says the South Korean company may build a plant in China to make batteries for electric cars sold there.

Nissan Unveils Rearview Mirror that Can Switch to Camera View

3/3/2014

Nissan Motor Co. is preparing to commercialize a rearview mirror that can be turned into an liquid crystal display monitor at the push of a button.

2-Cylinder Engine Debuts for Fiat 500

3/3/2014

Fiat SpA's powertrain lineup for the 2014 model Fiat 500 minicar will include the company's new 2-cylinder, 900-cc TwinAir gasoline engine.

Honda Confirms Phase-Out of Insight Hybrid

2/28/2014

Honda Motor Co. confirms it will end production of its $19,000 Insight hybrid car this summer because of poor demand.

Growth in U.S. GDP Slows

2/28/2014

America's real gross domestic product expanded at a downwardly revised 2.4% from the third to fourth quarter of 2013, according to final data from the Dept. of Commerce's Bureau of Economic Analysis.