NEWS

Fiat Acquires 100% of Chrysler

1/21/2014

As 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

1/21/2014

Fiat 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

1/21/2014

Hyundai 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

1/21/2014

Tata 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?

1/21/2014

Mazda 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

1/20/2014

The 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

1/20/2014

Sales 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

1/20/2014

Henniges 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

1/20/2014

Germany'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%

1/20/2014

The Consumer Price Index climbed 0.3% in December, bringing the full-year increase to an unadjusted 1.5%, according to the U.S.