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Asahi Glass to Hike Capacity 33% in China
10/10/2013Japan's Asahi Glass Co. intends to increase its capacity in China by about one-third in 14 months, according to The Nikkei.
Marchionne Advises Investors to Snub Chrysler IPO
10/10/2013Fiat-Chrysler CEO Sergio Marchionne has advised a London conference for investors that they would be wise to avoid a possible future initial public offering of Chrysler shares, Reuters reports.
Marchionne to Investors: Chrysler IPO Is a Bad Idea
10/10/2013Fiat-Chrysler CEO Sergio Marchionne has advised a London conference for investors that they would be wise to avoid a possible future initial public offering of Chrysler shares, Reuters reports.
Aston Martin Posts Another Annual Operating Loss
10/10/2013Operating losses at British supercar maker Aston Martin Lagonda Ltd. jumped last year to 28 million from 5 million in 2011.
Conti System “Sees” Where Driver is Looking
10/10/2013Continental AG is developing an advanced forward collision warning system that uses a camera system to read where a driver is looking and provides visual cues to steer attention back to the road.
U.S. Court Blocks Nissan’s Taxi Deal with New York City
10/10/2013New York state's Supreme Court has tossed out a $1 billion contract that gives Nissan Motor Co. exclusive rights to supply New York City with taxicabs for the next 10 years.
JCI Plans Cheaper, Simpler EV and Hybrid Batteries
10/10/2013Batteries for hybrid and electric vehicles don't need to last 10 years and can be less expensive, according to Johnson Controls Inc.
Toyota Cuts Price of Prius Plug-In As Much As $4,600
10/10/2013Toyota Motor Corp. is dropping the price of its 2014 Prius plug-in hybrid models by 6%-12% to boost sales for its most-efficient vehicles.
Renault-Nissan Alliance to Begin Assembly in Nigeria
10/9/2013The Renault-Nissan alliance is partnering with Africa's Stallion Group to assemble Nissan and Renault vehicles in Nigeria next year.
Dongfeng Ready to Buy 30% of PSA?
10/9/2013PSA Peugeot Citroen acknowledges it is discussing new partnerships and their "financial implications," according to media reports.