NEWS

Fisker Goes Chapter 11

11/25/2013

Fisker Automotive Inc. filed for bankruptcy protection on Friday, thus clearing the way for an asset sale and restructuring for the struggling hybrid carmaker.

Yamaha Ponders Building Gordon Murray-Inspired City Car

11/25/2013

Yamaha Corp. may become the first company to adopt an unusual city car architecture and the innovative production process to build it from legendary Formula One race car designer Gordon Murray.

Bank Advisors Value Chrysler at $10 Billion

11/25/2013

Investment bankers working on a possible initial public offering for Chrysler Group LLC estimate the company s value at about $10 billion, Bloomberg News reports.

VW Preserves Huge Spending Plans for Plants, Product

11/25/2013

Volkswagen AG says it will delay construction projects to protect its plan to invest €84 billion on factory upgrades and new products over the next five years.

Tesla EV Tops CR’s Owner Satisfaction Ratings

11/22/2013

The Tesla Model S electric sedan has scored a near-perfect 99 out of 100 points in this year's Consumer Reports owner-satisfaction ratings.

Takata Execs to Plead Guilty to Price Fixing

11/22/2013

Three Takata Corp. managers have agreed to plead guilty to one charge each that they conspired to fixes prices of seatbelts over a period of seven years, according to the U.S.

Jaguar Land Rover and Intel Team Up on Infotainment

11/22/2013

Tata Motors Ltd.'s Jaguar Land Rover unit and Intel Corp. have agreed to co-develop vehicle infotainment technologies at the new R&D center JLR will open next year in Portland, Ore.

Ghosn Says Japanese Exec Should Succeed Him at Nissan

11/22/2013

CEO Carlos Ghosn tells Automotive News that his successor at Nissan Motor Co. should be a Japanese national.

Honda Chooses English Language for Global Meetings

11/22/2013

Japan's Honda Motor Co. has opted to conduct its meetings about global operations in English, Bloomberg News reports.

Tesla’s Sales Chief Quits

11/22/2013

George Blankenship, who joined Tesla Motors Inc. from Apple Inc. three years ago to head the electric carmaker's sales and distribution, apparently has left the company.