NEWS

BMW Prices Range Extender for i3 EV at $3,900

10/11/2013

BMW AG plans to charge buyers of its new i3 electric minicar an extra $3,900 to add a range-extending generator powered by a 2-cylinder gasoline engine.

Chrysler: Marchionne Didn’t Advise Investors Against IPO

10/11/2013

Chrysler Group LLC has denied an analyst's report that CEO Sergio Marchionne told investors that a possible initial public offering in the American company "would not be the most attractive route" for them.

Chrysler Denies that Marchionne Advised Investors Against IPO

10/11/2013

Chrysler Group LLC has denied an analyst's report that CEO Sergio Marchionne told investors that a possible initial public offering in the American company "would not be the most attractive route" for them.

Next-Generation Mini Could Come in 10 Flavors

10/11/2013

BMW AG tells Automotive News Europe that it may offer as many as 10 variants of its next-generation Mini city car, which is expected to debut next spring.

IIHS Tests Prompt Lawsuit Against Toyota

10/11/2013

A group of Toyota Prius v owners is suing the carmaker in California federal court because the collision mitigation system in their hybrid cars was poorly rated by the Insurance Institute for Highway Safety.

Land Rover to End Production of Defender SUV

10/11/2013

Tata Motors Ltd.'s Land Rover unit has confirmed media reports that it will stop making its box-like Defender SUV in about 2015, blaming unspecified "legislative" reasons.

EU Asks WTO to Rule on Russian Recycling Fee

10/10/2013

The European Union has joined Japan in petitioning the World Trade Organization to decide the legality of Russia's "recycling" fee on imported cars.

Takata to Pay $71 Million Fine in Price-Fixing Probe

10/10/2013

Takata Corp. has agreed to pay a $71 million fine to settle a claim by U.S. federal prosecutors that it conspired for years to set prices on seatbelts it supplied to carmakers, Reuters reports.

Chrysler Spends $1.2 Billion on Expansion in Mexico

10/10/2013

Chrysler Group LLC says the $1.2 billion it is spending on a new truck and engine complex in Saltillo, Mexico, will create more than 1,100 jobs there by year-end.

GM Returns to Lead-Acid Battery for Malibu Stop-Start Power

10/10/2013

General Motors Co. is dropping the lithium-ion battery from its 2014 Chevrolet Malibu midsize sedan in favor of a less-costly lead-acid unit to power the car's engine stop-start fuel-saving system.