NEWS

A/C Problem Leads to Global Recall for Toyota

10/17/2013

Toyota Motor Corp. is launching a worldwide recall of 885,000 Avalon and Camry sedans and Venza crossovers to fix a problem that could affect the power steering and airbag systems.

BMW’s X4 Crossover Will Debut in Detroit

10/17/2013

BMW AG's X4 crossover makes its production premiere at the Detroit auto show in January.

Ex-GM Exec Andersson May Head Russia’s AvtoVAZ

10/17/2013

Bo Andersson, the CEO of Russian truck producer OAO GAZ, may be switching to the same job at OAO AvtoVAZ, the country's biggest carmaker, Reuters reports.

GAZ Chief Andersson to Head AvtoVAZ?

10/17/2013

Bo Andersson, the CEO of Russian truck producer OAO GAZ, may be switching to the same job at carmaker OAO AvtoVAZ, Reuters reports.

Sumitomo Metal to Boost U.S. Crankshaft Production 48%

10/17/2013

Sumitomo Metal Industries Ltd.'s International Crankshaft venture plans to increase its annual crankshaft capacity in the U.S. to 4 million units from the current 2.7 million units, The Nikkei reports.

U.K. Jobless Rate Drops

10/17/2013

The unemployment rate in the U.K. declined from 7.8% in the second quarter to 7.7% in the June-August period, according to the country's Office for National Statistics.

Honda Insight and CR-Z Hybrids Face the Ax in Europe

10/17/2013

Honda Motor Co. may drop the Insight and CR-Z hybrids from its European lineup until updated models arrive a year or two from now, according to AutoExpress.

Fiat Union Will Ask UAW to End Chrysler Merger Impasse

10/17/2013

Leaders from Italy's Fim Cisi labor union say they will urge United Auto Workers President Bob King and other union officials to help end the deadlock that has blocked Fiat SpA from merging with Chrysler Group LLC.

Harley-Davidson Recalls 29,000 Motorcycles

10/17/2013

Harley-Davidson Inc. says it is recalling several of its 2014 motorcycles to repair a faulty hydraulic clutch that could fail, making it impossible to shift out of gear.

Fiat Union Will Ask For End Chrysler Merger Impasse

10/17/2013

Leaders from Italy's Fim Cisi labor union say they will travel to Detroit next week to urge United Auto Workers union to help end the deadlock that has blocked Fiat SpA from acquiring Chrysler Group LLC.