NEWS

Protean Partners with FAW-VW on In-Hub EV Prototype

12/12/2013

Protean Electric Inc. has formed a partnership with China's FAW-Volkswagen Automotive Co.

FEV Names Hupperich as CEO

12/12/2013

The U.S. unit of powertrain and vehicle engineering company FEV GmbH has chosen Patrick Hupperich as its new president and CEO.

Britain’s Economy Forecast to Grow 2.7% Next Year

12/12/2013

The British economy will to grow 1.4% this year and expand 2.7% in 2014, predicts the British Chambers of Commerce.

Hyundai Pins High Hopes for Europe on New Models

12/12/2013

Hyundai Motor Co. says the redesigned i10 small sedan it introduced in Europe last month will mark the beginning of the South Korean company's bid to boost its market share from 3.5% this year to 5% by 2017.

Former Chevy Exec Dewar Joins NASCAR

12/12/2013

Brent Dewar, a former general manager of General Motors Co.'s Chevrolet unit, will become chief operating officer at NASCAR on Jan. 6.

Bosch System Stops Engine Whenever Vehicle Coasts

12/11/2013

Stop-start systems save fuel by shutting off the engine when a vehicle stops for a traffic light, then instantly restarting it when the driver hits the gas.

Toyota Predicts Fuel-Cell Cars at EV Prices by 2030

12/11/2013

Toyota Motor Corp.'s top R&D executive tells Automotive News Europe that fuel cells will drop in price by the end of the next decade enough to compete with battery-electric powertrains.

PSA, Dongfeng Near Equity Deal?

12/11/2013

PSA Peugeot Citroen and Dongfeng Motor Group reportedly have agreed on the main terms of an expanded partnership that would include an equity investment in PSA of €3 billion-€4 billion.

Ruling Clears GM from Retiree Medical Benefits Claim

12/11/2013

A Detroit court says General Motors Co. is not required to pay $455 million in medical benefits for retirees under a contract signed before the company went through bankruptcy in 2009, Reuters reports.

BMW May Open an Engine Plant in U.S. or Mexico

12/11/2013

BMW AG could decide next year to build its first North American engine factory, according to Bloomberg News, which cites three unnamed sources.