NEWS

Porsche Extends Mueller’s Contract

2/28/2014

Porsche Automobil Holding SE's supervisory board has given Matthias Mueller a five-year extension on his contract.

China May Make Child Seats Mandatory

2/28/2014

China's Ministry of Public Security is studying a plan to require the use of child safety seats in the country, Bloomberg News reports.

Ricardo Launches Latest High-Speed Flywheel System

2/28/2014

Ricardo plc is rolling out TorqStor, a new high-speed flywheel energy storage device designed for off-road equipment.

Italy’s Jobless Rate Rises to Record 12.9%

2/28/2014

Unemployment in Italy climbed to a seasonally adjusted 12.9% in January, the highest level since the government's ISTAT began tracking the statistic in 1977.

Europe Joins Huge GM Ignition Switch Recall

2/27/2014

General Motors Co.'s Opel unit will recall 2,300 of its 2007 model Opel GT sports cars in Europe and Russia to replace a defective ignition switch that could shut off the engine unexpectedly.

Mazda Says Mexico Is Its “Most Important” Base

2/27/2014

Mazda Motor Corp. describes its new $770 million small-car assembly plant in Mexico the company's most important strategic base.

Volvo to Unveil Stylish Wagon Concept

2/27/2014

Volvo Car Group will debut its swoopy Concept Estate wagon at next week's Geneva auto show.

Chevrolet Readies Sales Incentive Blitz

2/27/2014

General Motors Co.'s Chevrolet unit plans to roll out big discounts on its redesigned 2014 Silverado fullsize pickup truck and most of its other models in March, according to Automotive News.

NHTSA Opens Probe on GM Ignition Switch Recall

2/27/2014

The National Highway Traffic Safety Administration say it has launched an investigation into why General Motors Co. waited until this month to recall an ignition switch flaw it discovered a decade ago.

Ford, TRW Face Patent Lawsuit Over Turn Signal System

2/27/2014

A former electrical engineer has sued Ford Motor Co. and TRW Automotive Holdings Corp., claiming the companies are infringing on his 2008 patent of an "intelligent" turn signal system.