Renault-Nissan Hikes Savings Target 8%
1/31/2014The 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
1/31/2014The 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
1/30/2014Toyota 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
1/30/2014PSA 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
1/30/2014A 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
1/30/2014Toyota 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%
1/30/2014Harley-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
1/30/2014Ford 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
1/30/2014Volkswagen 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
1/30/2014Volkswagen has issued a revised 2013 global sales figure, which moves it ahead of General Motors for the number two spot behind Toyota.