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Fisker Assets will Go to China’s Wanxiang Group
2/17/2014Wanxiang Group has won a 19-round auction for the assets of bankruptcy hybrid carmaker Fisker Automotive Holdings Inc.
Goodyear Posts Record Earnings
2/14/2014Goodyear Tire & Rubber Co. earned $228 million in the fourth quarter and $600 million for the full year of 2013 in spite of lower year-on-year revenue for both periods.
Nissan Ends Sales Venture in India
2/14/2014Nissan Motor Co. has formally ended its six-year-old sales partnership in India with Hover Automotive India Pvt.
Ford Sales in Europe Climbed 9% in January
2/14/2014Ford Motor Co. reports sales of 80,800 vehicles in its top 20 European markets last month compared with 74,000 units in January 2013.
TRW Posts Higher Sales, Lower Profits
2/14/2014Fourth-quarter sales grew 12% to $4.5 billion, but net earnings dropped 13% to $363 million for TRW Automotive Holdings Corp.
Renault Switches to Rear Drive for New Twingo City Car
2/14/2014Renault SA's front-drive Twingo city car will shift to a rear-engine/rear-drive architecture when the next-generation model debuts in March.
China Attacks Aston Martin Over Recall Involving Chinese Supplier
2/14/2014State-controlled media in China complain that Aston Martin Lagonda Ltd. "passed the buck" in blaming a recall to fix a defective part on the component's Chinese supplier.
UPDATE: Brake System Flaw Prompts Toyota Recall
2/14/2014Toyota Motor Corp. is preparing a global recall of 295,100 trucks and crossovers with emergency braking systems that could stop working unexpectedly.
High-Speed Amphibious Truck Heads for Southeast Asia
2/14/2014Gibbs Sports Amphibians Inc. has licensed its high-speed amphibian vehicle system to Singapore Technologies Kinetics Ltd.
Honda Phasing Out Two Hybrid Models in Europe
2/14/2014Honda Motor Co. says it is dropping its hybrid five-door hatch and CR-Z sport coupe from the European market because consumers prefer diesels.