Eased Foreign Ownership Rules Could Kill China’s Car Brands
2/14/2014Domestic car brands in China may be wiped out if the government relaxes rules on foreign ownership.
Marchionne Tries a Familiar Tack to Win Canadian Concessions
2/14/2014Chrysler-Fiat CEO Sergio Marchionne tells reporters the company is "not even close" to deciding whether to build its next-generation minivan in Canada.
Chrysler Drops Monthly Production Reports
2/13/2014Chrysler Group is joining General Motors in ending monthly announcements about vehicle production in North America.
BorgWarner Profits Climb 17%
2/13/2014BorgWarner Inc.'s fourth-quarter net income last year grew to $141 million from $121 million in 2012.
Bridgestone to Pay $425 Million Fine for Rigging Bids
2/13/2014Bridgestone Corp. will plead guilty to a felony charge and pay a $425 million criminal fine for manipulating the price or rubber components supplied to carmakers between at least 2001 and 2008, according to the U.S.
Schaeffler Picks Deller to Become CEO
2/13/2014Schaeffler AG has chosen Klaus Deller, currently head of commercial vehicle braking systems at Knorr-Bremse AG, to become its CEO on July 1.
Ford Adds Next-Generation Edge Production in Canada
2/13/2014Ford Motor Co. will produce the next-generation Edge crossover at its Canadian factory in Oakville, Ont.
Renault’s Profit Jumps 59%
2/13/2014Renault SA's group operating profit in 2013 rose to €1.24 billion from €782 billion for the previous year.
GM Recalls 779,000 Cars for Faulty Ignition Switches
2/13/2014Ignition switches that could be jolted into the "off" position while the car is running have triggered a recall of General Motors Co.
Record January Car Sales in China
2/13/2014Sales of passenger vehicles in China rose to a record 1.88 million units in January from 1.71 million a year earlier, according to the China Passenger Car Assn.