NEWS

Honda’s Fuel Cell EV Headed for Market by 2015

11/22/2013

Honda Motor Co., which revealed its aerodynamically styled FCEV Concept at the Los Angeles auto show earlier this week, promises to put a version of the fuel-cell electric car on the road in the U.S. and Japan by 2015.

Future Doubtful for Wankel Engine at Mazda

11/22/2013

Mazda Motor Corp. tells Automotive News it won't resume production of its fabled rotary engine unless it can use the system in a vehicle that generates at least 100,000 sales per year.

PSA Ponders New Production Cuts in France

11/22/2013

PSA Peugeot Citroen confirms to Bloomberg News that the company could eliminate one of two production lines at its factory in Mulhouse, France.

Diesels Could Double U.S. Market Share in 10 Years

11/22/2013

Diesel-powered cars could capture nearly 18% of the U.S. auto market in the next decade, predicts a study by the newly formed Fuels Institute.

Kia Launches Rear-Drive Flagship K900

11/22/2013

Kia Motors Corp. says the K900, its first rear-drive car, will hit the U.S. market in early 2014.

Honda’s Refreshed Civic Adopts CVT

11/22/2013

Honda Motor Co.'s 2014 Civic compact sedan will eschew its traditional 5-speed automatic transmission for a continuously variable unit.

Daimler to Expand Commercial Truck Operations in China

11/21/2013

Daimler AG intends to spend €300 million over the next five years to further expand output at its Mitsubishi Fuso and Daimler India commercial truck operations in Asia.

U.S. to Sell Remaining GM Shares This Year

11/21/2013

The U.S. Dept. of the Treasury says it intends to sell its remaining 31.1 million shares in General Motors Co. by the end of this year.

Renault, PSA to Dissolve Powertrain Venture

11/21/2013

Next week Renault SA and PSA Peugeot Citroen will announce they are unwinding their 44-year-old partnership on engine and transmission production, Reuters reports.

BYD Venture with Daimler to Debut EV for China in April

11/21/2013

BYD Auto Co. Ltd. and Daimler AG say plans are on track to introduce their jointly developed Denza electric sedan in China next year.