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VW Offers to Buy Remaining Shares in Scania
2/24/2014Volkswagen AG is offering €6.7 billion to acquire the 10.8% of commercial truckmaker Scania AB it doesn't already own.
Ford to Offer 3-Cylinder Engine in U.S. Focus Models
2/24/2014Ford Motor Co. will expand availability of its 1.0-liter 3-cylinder engine in the U.S. to its redesigned Focus small car late this summer.
Honda Accord Outsells Toyota Camry in U.S.
2/24/2014Honda Motor Co. says its Accord midsize sedan displaced the Toyota Camry as America's top-selling vehicle to individual buyers in 2013.
VW’s Quarterly Profit Climbs 18%
2/24/2014Volkswagen AG's earnings before taxes and interest advanced to about €3.1 billion in October-December 2013 from €2.6 billion in the same period a year earlier.
Navistar Will Close Diesel Engine Plant in Consolidation Move
2/20/2014Navistar International Corp. says it will trim its diesel engine capacity by closing a factory in Huntsville, Ala., this summer and moving the facility's work to a plant in Melrose Park, Ill.
Renesas to Restructure Manufacturing Operations
2/20/2014Struggling Japanese chipmaker Renesas Electronics Corp. proposes a complex multi-step plan to merge many of its subsidiaries to cut costs and streamline operations.
Ex-Denso Exec Pleads Guilty in Price-Fixing Probe
2/20/2014A former Denso Corp. sales manager in the U.S. will go to prison after admitting he deleted five months of Denso e-mails to competitors asking to see requests for quotes from Toyota Motor Corp., says the U.S. Dept. of Justice.
GM Targets 3.5 Million Sales in China This Year
2/20/2014General Motors Co. expects China's car market to expand 8%-10% in 2014.
Japan’s Trade Deficit Surges to Record High
2/20/2014Japan's trade deficit jumped 71% to 2.8 trillion yen ($27.3 billion) in January compared with December, according to government figures.
Eurozone Business Activity Continues to Slip
2/20/2014Economic activity in the eurozone continue to expand, but the pace slowed for the eighth consecutive month in February, according to preliminary numbers from Markit Economics.