Subaru to End U.S. Factory Sharing with Toyota
10/24/2013Fuji Heavy Industries Ltd. says it will boost its Subaru carmaking capacity in the U.S. to 370,000 units by 2016 from 170,000 today, The Nikkei reports.
Subaru-Toyota Factory Sharing to End
10/23/2013Fuji Heavy Industries Ltd. says it aims to negotiate an end to sharing its Indiana factory with Toyota Motor Corp. so that it can use the capacity there to hike U.S. production of Subaru models, The Nikkei reports.
Honda Reveals Small and Sporty Cars for Tokyo Show
10/23/2013Honda Motor Co. plans to introduce two production cars and two near-production concepts at the Tokyo auto show in late November.
Tesla to Build High-Voltage Charging Network in Germany
10/23/2013Tesla Motors Inc. says by the end of next year it will install 40-50 of its high-power Supercharger stations across Germany to support the sale of its Model S electric sedan there.
GM-PSA Drops Planned Joint Small-Car Platform
10/23/2013General Motors Co. and PSA Peugeot Citroen are scrapping plans to co-develop a platform for small cars and may scale back other aspects of the alliance they signed last December.
GM-PSA Abandons Joint Small-Car Project
10/23/2013PSA Peugeot Citroen and General Motors Co. are scrapping plans to co-develop a platform for small cars and may scale back other aspects of the alliance they signed last December.
PSA Revenue Slides 4%
10/23/2013PSA Peugeot Citroen reports that its group revenue declined nearly 4% to €12.1 billion in the third quarter.
Nissan Recalls SUVs to Reprogram Brake System
10/23/2013Nissan Motor Co. is preparing to recall almost 152,000 SUVs in the U.S. to reprogram their antilock brake system software.
Well-Funded Lending Unit Gives Toyota Competitive Edge
10/23/2013Toyota Motor Corp. can offer customers including higher-risk buyers more loans than its rival because its captive finance arm enjoys superior credit ratings and $95 billion in assets, Bloomberg News reports.
India May Fine GM $1.6 Million for Emissions Fraud
10/23/2013Indian investigators have concluded that General Motors Co. is guilty of corporate fraud for falsifying emission test data, according to Reuters, which cites an unidentified government official.