NEWS

Ford Unveils Latest Self-Driving-Car System

12/13/2013

Ford Motor Co.'s latest semi-autonomous car technology uses infrared scanning and 3-D background imaging to create a virtual world that guides the vehicle.

Strickland to Leave NHTSA

12/13/2013

David Strickland, who has headed the U.S. National Highway Traffic Safety Administration since 2010, will step down in 2014.

Report: Daimler to Add Pischetsrieder to Board

12/13/2013

Daimler AG plans next year to name former BMW and Volkswagen chief Bernd Pischetsrieder to its supervisory report, according to Germany's Handelsblatt.

Ford Details Big Global Expansion for 2014

12/13/2013

Ford Motor Co. plans next year to introduce 23 new or updated models worldwide, open two factories in Asia and one in South America and add more than 11,000 jobs worldwide.

Honda, Partners Plan Low-Cost Hybrid for China

12/12/2013

Honda, Dongfeng Motor and Guangzhou Automobile will co-develop a 1.5 million-yen ($14,400) car and introduce it in China in 2016, according to The Nikkei.

GM Confirms Sale of Ally Financial Shares

12/12/2013

General Motors Co. confirms it has sold its remaining 8.5% holding in Ally Financial Inc. for about $900 million in a private placement.

GM Sells its Shares in PSA

12/12/2013

General Motors Co. is selling its entire 7% stake in PSA Peugeot Citroen to institutional buyers, saying the €297 million investment it made in March 2012 is "no longer needed" by the French carmaker.

GM Sells Stake in PSA

12/12/2013

General Motors Co. is selling its entire 7% stake in PSA Peugeot Citroen through a private placement to institutional investors.

VW Names New Chief for U.S. Unit

12/12/2013

Volkswagen AG has named Michael Horn, its head of global after sales operations, to be president and CEO of Volkswagen Group of America.

VW Replaces Head of U.S. Unit

12/12/2013

Volkswagen AG has replaced Jonathan Browning, CEO of Volkswagen Group of America, who says he is leaving the company for personal reasons.