NEWS

Renault-Nissan Hikes Savings Target 8%

1/31/2014

The Renault-Nissan alliance says it now expects to save at least €4.3 billion by 2016 through shared product development, production, purchasing and human resources activities.

Toyota Workers to Ask for First Raise in 5 Years

1/31/2014

The labor union representing Toyota Motor Corp. workers in Japan says it will ask the carmaker to raise monthly wages for its production workers by an average 4,000 yen ($39) and give them an annual bonus equal to 6.8 times their monthly pay, Bloomberg News reports.

Unrest in Thailand Prompts Hino to Cut Production

1/30/2014

Toyota Motor Corp.'s Hino Motors commercial truck unit says it has begun reducing production work hours 50% in Thailand because civil unrest is disrupting the market.

Report: Peugeot Family Endorses Equity Sale to Dongfeng

1/30/2014

PSA Peugeot Citroen's plan to raise about €3 billion with new stock and equity sales has been endorsed by the Peugeot family that controls 38% of the company's voting rights, according to Bloomberg News, which cites unidentified sources.

Researchers Tout Paper Electrode for Sodium-Ion Batteries

1/30/2014

A new flexible composite paper electrode for sodium-ion batteries promises lower cost and longer life, according to developers at Kansas State University.

Toyota Halts Sales of Some Models to Replace Seat Materials

1/30/2014

Toyota Motor Corp. is suspending sales of several 2014 model cars and trucks in the U.S. because their heated seats don't meet U.S. flame retardant standards.

Harley-Davidson Quarterly Earnings Rise 7%

1/30/2014

Harley-Davidson Inc. reports fourth-quarter earnings of $75 million compare with $71 million a year earlier.

Ford to Boost Capacity to Make Heavy-Duty Pickups

1/30/2014

Ford Motor Co. will invest $80 million to increase capacity by 15% at the factory in Kentucky that produces its Super Duty F-Series pickup truck.

VW Declares Itself Second in Sales to Toyota

1/30/2014

Volkswagen has issued a revised 2013 global sales figure, which moves it ahead of General Motors for the number two spot behind Toyota.

VW Says It Outsold GM Last Year

1/30/2014

Volkswagen has issued a revised 2013 global sales figure, which moves it ahead of General Motors for the number two spot behind Toyota.