VIEWPOINT | SAE 2014 WORLD CONGRESS: CREATING NEW POSSIBILITIES
1/22/2014The SAE 2014 World Congress in Detroit April 8-10, hosted by Hyundai Motor Co., will focus on the extraordinary opportunities and challenges awaiting the global auto industry over the next several years.
IIHS Pans Crash Performance of Minicars
1/22/2014Only one of 11 minicars tested the Chevrolet Spark has earned an "acceptable" rating in the Insurance Institute for Highway Safety's severe small overlap front crash.
Hella Opens Advanced Lighting Plant in Mexico
1/22/2014Hella Group has opened a $90 million automotive lighting complex in Irapuato, Mexico, it describes as one of its most advanced facilities anywhere in the world.
China to Surpass U.S. in Oil Demand Growth
1/21/2014China's expanding economy will boost its demand for petroleum by nearly 4% to 10.5 million barrels per day this year, the Paris-based International Energy Agency predicts.
Fiat Buys Chrysler
1/21/2014Chrysler Group LLC is now a subsidiary of Fiat SpA, after the Italian carmakers purchased the 41.5% of the company it didn't already own.
Massive New Job Cuts Coming for Renesas Electronics
1/21/2014Japanese chipmaker Renesas Electronics Corp. plans to eliminate 5,400 jobs in Japan by April 2015, The Nikkei reports.
Tesla Expands Supercharger Network in Europe
1/21/2014Tesla Motors Inc. has opened eight more of its high-power, direct-current Supercharger stations in Europe.
Financial Markets Remain Upbeat About Germany
1/21/2014Economic expectations for Germany remain strongly positive among financial experts, according to January's ZEW Indicator of Economic Sentiment.
Renault Sales Grew 3% in 2013
1/21/2014Renault SA's global vehicle sales last year climbed to 2.63 million from 2.55 million in 2012, helped by a 19% gain for its entry-level Dacia brand.
Russia Plans €5.9 Billion in Subsidies to Auto Industry
1/21/2014Russia's central government say it will provide the country's domestic auto industry with as much as 271 billion rubles in subsidies through 2016.