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BAIC, Daimler Ready to Finalize Equity Deal
11/18/2013Daimler AG and BAIC Motor Co. will sign a new strategic cooperation agreement on Tuesday to complete Daimler's plan to buy 12% of the Chinese carmaker.
BMW’s Bets on Carbon Fiber
11/18/2013BMW AG expects to sell only about 10,000 of its new €35,000 electric i3 city car next year.
Fiat Says “No” to Italy Auto Show
11/18/2013Fiat SpA says it won't participate in next year's Italian auto show in Milan because of the country's continuing auto sales slump.
Italy’s Auto Show Moves to Milan
11/15/2013Italy's national auto show will relocate to Milan next year, Automotive News Europe reports.
Report: PSA May Sell Faurecia
11/15/2013PSA Peugeot Citroen is considering the sale of its 57% stake in its Faurecia parts unit as part of a proposed equity tie-up with China's Dongfeng Motor Group, according to Reuters.
Honda Updates Its Electric Unicycle
11/15/2013Honda Motor Co. will exhibit a lower, lighter version of its Uni-Cub electric scooter a the Tokyo auto show at the end of November.
A Tesla Truck? Don't Bet Against It
11/15/2013Tesla Motors Co. CEO Elon Musk says he plans to develop a luxury electric pickup truck based on the best-selling Ford F-150 and introduce it in about five years.
U.S. Traffic Fatalities Rose 3% Last Year
11/15/2013Fatalities on American highways grew to 33,600 last year from 32,500 in 2011, according to the National Highway Traffic Safety Administration.
Volkswagen to Recall More than 2.6 Million Vehicles
11/14/2013Volkswagen AG says it will conduct three global recalls to fix possible fuel leaks, electrical glitches and transmission problems in 2.64 million of its cars, pickup trucks and SUVs.
VW to Fix Flaws in More Than 2.6 Million Vehicles
11/14/2013Volkswagen AG is preparing to remedy fuel leaks, electrical faults and transmission problems in 2.64 million of its Audi, SEAT, Skoda and VW vehicles.