Fiat Acquires 100% of Chrysler
1/21/2014As expected, Fiat SpA has completed its purchase of Chrysler Group LLC in a $4.35 billion (€3.2 billion) deal capping a process that began five years ago.
Fiat Completes Chrysler Purchase
1/21/2014Fiat SpA has completed its acquisition of 100% of Chrysler Group LLC and will fully merge the two companies.
Verizon to Supply Wireless Services to Hyundai
1/21/2014Hyundai Motor Co. has selected Verizon Communications Inc. to supply wireless services for the carmaker's vehicles in the U.S. starting this year.
Tata Details New Family of Revotron Engines
1/21/2014Tata Motors Ltd. says it will use its new "Revotron" engine technology to create a family of 3- and 4-cylinder gasoline engines that power its future passenger vehicles.
Mazda to Bring Back Rotary-Powered RX-7?
1/21/2014Mazda Motor Corp. is quietly developing a new version of its discontinued RX-7 sports car and a new rotary engine that could end up powering it, says Autocar.
NHTSA Drops Jeep Fuel Tank Probe
1/20/2014The National Highway Traffic Safety Administration has decided to shut down its investigation into a possible fire hazard involving the fuel tanks of some 2.7 million Jeep SUVs produced between 1993 and 2007.
Car Sales in Russia Fell 5% Last Year
1/20/2014Sales of passenger cars and light commercial vehicles in Russia rose 4% to 264,300 units in December, according to the Moscow-based Assn. of European Businesses.
Henniges Automotive Takes Control of China Venture
1/20/2014Henniges Automotive Holdings Inc., a maker of body sealing systems and anti-vibration products, has acquired the remaining 40% of its Chinese joint venture with China Academy of Launch Vehicle Technology.
ADAC Admits Falsifying Vote for German Car Award
1/20/2014Germany's 18-million-member ADAC car club concedes its communications chief made up the numbers for this year's favorite-car award.
U.S. Consumer Prices Rise 0.3%
1/20/2014The Consumer Price Index climbed 0.3% in December, bringing the full-year increase to an unadjusted 1.5%, according to the U.S.